Description
South Korea's seasonally adjusted real Gross Domestic Product (Real GDP) quarter-on-quarter growth rate, released by the Bank of Korea (BOK), measures the country's short-term economic growth. It reflects the percentage change in GDP within a quarter after adjusting for seasonal factors and inflation, providing a more accurate picture of actual economic growth. Positive growth typically indicates economic expansion, while negative growth may signal a contraction.
The data is updated quarterly and is usually released about a month after the end of each quarter.