On July 24, 2025, Statistics Korea released the preliminary quarter-on-quarter GDP growth rate for South Korea's third quarter. The actual figure, forecast, and prior value were not provided.Definition: Gross Domestic Product (GDP) represents the total value of all final goods and services produced within a country's economy over a specified period. It is widely regarded as the most comprehensive indicator of a nation's economic performance, strength, and wealth.Market Impact: If the reported figure exceeds expectations, it is considered positive for the Korean won (KRW).This data carries an importance rating of 1. The calculation is inflation-adjusted, reflecting changes in the value of all goods and services produced during economic activity. It is released quarterly, with the next publication date yet to be announced.
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