Korea's GDP up 0.3 percent in Q1, unchanged from earlier estimate
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Published: 02 Jun. 2023, 10:07 Updated: 02 Jun. 2023, 14:24

Korea's GDP up 0.3 percent in Q1, unchanged from earlier estimate

Containers stacked up at a port in Busan on Thursday. [NEWS1]

Containers stacked up at a port in Busan on Thursday. [NEWS1]

 
Korea’s economy grew 0.3 percent in the first quarter, remaining unchanged from the earlier estimate, according to the Bank of Korea Friday.  
 
Korea’s GDP grew 0.3 percent in the January-March period from a quarter earlier. The economy remained weak amid slow exports and limited impacts of China’s reopening.  
 
Korea’s Gross National Income (GNI) grew 1.9 percent on quarter. 

BY JIN MIN-JI [jin.minji@joongang.co.kr]
tags korea gdp gni

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