Loading page content
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 | Co-movement | Action |
|---|---|---|---|---|---|
| USD/KRW | ▼ Inverse | −0.65 | FOREX | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.63 | CRYPTO | Moves against | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → 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 1.00 Percent in July 2026. The reading rose from the previous value of 0.60 Percent. This is classified as a high-impact indicator released on a quarterly basis.
WHY IT MATTERS
The trailing three releases averaged 1.80 Percent, up from the prior three at 0.93 Percent. In October readings over the past 3 years, South Korea GDP Growth Rate has averaged 0.93 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 Business Confidence (Oct 28) and Exports YoY (Nov 1).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
SHARE
GDP growth (annual %) - KR
Loading chart data...
About GDP growth (annual %) — South Korea
DEFINITION
South Korea's GDP Growth Rate for September rose to 1.000000 percent, up from August's 0.600000 percent, signaling a stronger economic expansion. This increase marks a notable acceleration compared to the previous month’s growth. Market participants will watch upcoming data closely as the central bank maintains its current monetary policy stance. Updated 10/28/26
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 (Oct 2026): actual 1 Percent. Prior reading (Sep 2026): 0.6 Percent. Before that (Jun 2026): 3.8 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.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - KR Events
| Wednesday, October 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 21:00 | KR | Business Confidence | 79 | 79.2 | 79.70 | Medium | |
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 23:00 | KR | Retail Sales MoM | -1.8 | 1.2 | 2.30 | Low | |
| 23:00 | KR | Industrial Production MoM | -4.8 | 0.4 | 2.10 | Low | |
| 23:00 | KR | Industrial Production YoY | -2.2 | 1.1 | 2.75 | Low | |