IMF Raises South Korea Growth Forecast to 3.3% on Chip Exports

The IMF lifted South Korea's 2026 GDP growth forecast from 2.6% to 3.3%, citing strong semiconductor and AI hardware exports. GDP per capita is set to top $40,000 for the first time at $43,512, while nominal GDP will exceed $2 trillion.

• IMF raised Korea's 2026 GDP growth forecast by 0.7pp to 3.3%
• GDP per capita to top $40,000 for the first time at $43,512
• Nominal GDP to exceed $2 trillion for the first time at $2,245.8B
• Korea and Taiwan account for 62% of net AI hardware trade