Forecasted impact of coronavirus on real GDP South Korea 2020

As of March 2020, it was forecasted that South Korea's real gross domestic product (GDP) growth will be two percent in 2020, decreased by 0.3 percent compared to the forecast in November. The GDP is affected by the rapidly spread of the coronavirus (COVID-19) across the world and has a great impact on South Korea's economy due to the close relations to China, for example in the manufacturing and service sector.

Forecasted impact of the coronavirus (COVID-19) on real gross domestic product (GDP) growth in South Korea in 2020

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Source

Release date

March 2020

Region

South Korea

Survey time period

March 2, 2020

Special properties

based on information available up to February 28

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Statistics on "Coronavirus (COVID-19) in South Korea"

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