Attracting 1 million skilled foreign workers to Korea could boost the country’s GDP by 6 percent, a new study said Wednesday.

Meanwhile, Japan, which Korea surpassed in 2022, is expected to remain behind Korea through 2030, according to the IMF. Japan’s per capita GDP is forecast to reach $33,956 this year and $35,653 ...

By the time today’s young Korean adults in their 20s and 30s retire in 2060, each Korean citizen could be carrying a share of ...

South Korea's GDP contracted 0.1% year on year in the first quarter, according to advance figures, marking the first contraction in its economy since the fourth quarter of 2020.

HONG KONG (MarketWatch) -- South Korea's economy increased 1.5% in the October-December period from the previous quarter after adjusting for prices, boosted by a rise in manufacturing activity ...