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Data from World Bank. Forecasts by Sigmanomics Forecast Engine.
South KoreaSouth Korea GDP growth (annual %) fell to 1.36 Percentage (%) in January 2023
World BankYearlyReleased January 2023
South Korea GDP growth (annual %) fell to 1.36 Percentage (%) in January 2023, down 1.25 Percentage (%) from December's 2.61 Percentage (%) reading.
Latest Release
1.36
Latest (2023)
2.61
Previous
World Bank
Source
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/KRW | ▼ Inverse | −0.65 | FOREX | Bearish USD | → View |
| BTC/USD | ▼ Inverse | −0.63 | CRYPTO | Bearish BTC | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Bullish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
South Korea GDP Growth Rate (South Korea) was reported at 3.80 Percent in March 2026. The reading rose from the previous value of 1.60 Percent. Over the past 12 months, the indicator has averaged 1.28 Percent, ranging from -0.20 Percent to 3.80 Percent across 6 releases. This is classified as a high-impact indicator released on a quarterly basis.
WHY IT MATTERS
The trailing three releases averaged 1.63 Percent, up from the prior three at 0.93 Percent. Volatility over the past year (σ 1.28 Percent) is higher than the prior year (σ 0.87 Percent). In June readings over the past 3 years, South Korea GDP Growth Rate has averaged 2.37 Percent.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/KRW (Bearish USD). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Consumer Confidence (Jun 22) and Business Confidence (Jun 24).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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GDP growth (annual %) - KR
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About GDP growth (annual %) — South Korea
DEFINITION
South Korea's GDP Growth Rate surged to 3.800000 percent in June 2026, sharply up from 1.600000 percent in March 2026, signaling a strong economic rebound. This marks a significant acceleration after a contraction of -0.2 percent in March, indicating robust expansion. Market focus will remain on upcoming data releases and central bank policy adjustments amid this growth momentum. Updated 6/10/26
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus typically move rates and currencies on release. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 3.8 Percent. Prior reading (Mar 2026): -0.2 Percent. Before that (Dec 2025): 1.3 Percent.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/KRW (Bearish USD, r=-0.65) — a useful reference for forex-focused traders.