South Korea’s gross domestic product was up a seasonally adjusted 1.7 percent on quarter in the first quarter of 2021, the Bank of Korea said on Wednesday.
That follows the downwardly revised 1.1 percent increase in the previous three months (originally 1.2 percent).
On a yearly basis, GDP was up 1.9 percent following the upwardly revised 1.1 percent decline in the three months prior (originally -1.2 percent).
Real gross national income (real GNI) increased by 2.4 percent in the first quarter compared to the previous quarter.
For comments and feedback contact: editorial@rttnews.com
[Economic News][1]
What parts of the world are seeing the best (and worst) economic performances lately? Click[here][2] to check out our [Econ Scorecard][2] and find out! See up-to-the-moment rankings for the best and worst performers in [GDP][2], [unemployment rate][3], [inflation][4] and much more.