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The Economist Places Korea’s Economic Performance at the 2nd Best for 2023 among 35 OECD Countries
The Economist compiled data on five economic and financial indicators* for 35 selected OECD countries and ranked them according to how well they have done on these measures.
* Inflation, inflation breadth, GDP, jobs and stockmarket performance
Korea ranked second on the list
“Tackling rising prices was the big challenge in 2023. Japan and South Korea have kept a lid on prices.”
“Central bankers in places including Chile and South Korea increased interest rates aggressively in 2022, sooner than many of their peers across the rich world, and now appear to be reaping the benefits. In South Korea inflation breadth has fallen from 73% to 60%.”
