South Korea PESTLE Insights – A Macroeconomic Outlook Report
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
According to GlobalData estimates, mining, manufacturing, and utility activities contributed 30% to GVA, followed by financial intermediation, real estate, and business activities (24.4%), and wholesale, retail, and hotels (9.4%) in 2022. The three sectors are forecast to grow by 6.5%, 5.7%, and 3.0%, respectively, in 2023.
Seoul, Busan, and Incheon contributed 31.9% of the country’s GDP and comprised 30.7% of the country’s population in 2022, according to GlobalData.
Scope
In July 2020, the Korean government announced $135.5 billion in investment (2020–25) for the Korean New Deal Program which aims for a green transition of infrastructure.
Key Highlights
The KOSPI exhibited a volatile trend over the past year. As of April 17, 2023, the index stood at 2,495.2, compared to 2,696.1 on April 17, 2022.
Reasons to Buy
Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
Hyundai
Daewoo
KIA Motors
Table of Contents
Frequently asked questions
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.
Related reports
View more Financial Services reports

