People walk at Myeongdong shopping district in Seoul, South Korea, August 5, 2025.   REUTERS/Kim Hong-Ji
People walk at Myeongdong shopping district in Seoul, South Korea, August 5, 2025. REUTERS/Kim Hong-Ji
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Business & Economy

South Korea Q1 GDP grows 1.8% q/q, stronger than advance estimate

SEOUL, June 9 (Reuters) – South Korea’s economy grew in the first quarter at a stronger pace than previously estimated in April, revised central bank data showed on Tuesday.

Gross domestic product grew 1.8% in the January-March quarter from the preceding three months, faster than the 1.7% increase estimated earlier, according to the Bank of Korea.

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Asia’s fourth-largest economy grew 3.8% from a year earlier, revised up from an advance estimate of 3.6%.

(Reporting by Jihoon Lee; Editing by Tom Hogue)

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By Reuters | Reuters | © Copyright Thomson Reuters 2026.

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