Market research on consumer products, commercial industries, demo...
Market research on consumer products, commercial industries, demographics trends and consumer lifestyles in South Korea.
South Korea witnessed a 1% real terms increase in per capita disposable income in 2023, with income growth mirroring economic deceleration in the country. However, the country's labour market remained robust, with the unemployment rate standing low.…
South Korea is expected to experience a moderate increase in the number of households over 2022-2027, with single-person households continuing to dominate. In 2022, household spending was impacted by a 5.1% inflation rate, leading to higher living…
In 2023, South Korea’s GDP growth slowed to 1.3%, due to decreased export demand and subdued domestic demand, with the country’s economic growth underperforming the Asia Pacific average. Despite a decline in inflation, it remained above the 2% mark,…
The commodities country overview provides comprehensive data on production, consumption and price trends on key commodities markets. The commodities overview in South Korea covers production and consumption trends in agricultural commodities, energy…
South Korea’s business environment remains attractive to foreign investors, due to its efficient government regulation and world-class infrastructure, as well as its high capacity for innovation and ICT adoption, which continues to improve on the…