South Korea: Growth surge and BoK hike risks – ING

ING’s Senior Economist Min Joo Kang highlights that South Korea’s Gross Domestic Product (GDP) jumped 1.7% QoQ in 1Q26 on strong chip exports and AI-related investment, prompting an upgrade of the 2026 GDP forecast to 2.8% YoY.

South Korea: Growth surge and BoK hike risks – ING
ING’s Senior Economist Min Joo Kang highlights that South Korea’s Gross Domestic Product (GDP) jumped 1.7% QoQ in 1Q26 on strong chip exports and AI-related investment, prompting an upgrade of the 2026 GDP forecast to 2.8% YoY.

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