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South Korea's Q2 economy rises 0.6%
South Korea's economy grew by 0.6% in the second quarter of the year, driven by increased exports and investments, especially in the fields of artificial intelligence. Year-over-year, the growth rate was 3.7%, and nominal GDP experienced the fastest rise since 1979, increasing by 26.4%. Additionally, per capita income rose by 8.8% compared to the previous quarter, and total real gross national income achieved a record growth of 15.6% since 1988, leading to an upward revision of the growth forecast for 2026 to 3.3%.
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