ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

BOK raises South Korean GDP forecast to just under zero for 2020

Central bank lifts projection to minus 0.1%, while holding key rate

A shopkeeper waits for customers outside a restaurant in a Seoul shopping district on Tuesday.   © Reuters

SEOUL -- The Bank of Korea raised its forecast for South Korea's economic growth to minus 0.1%, saying that a quick recovery in exports will help the country overcome a pandemic-induced recession.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more