OECD cuts South Korea's 2023 growth outlook to 2.2%
Foreign affairsSept 26, 2022
The Organization for Economic Cooperation and Development on Monday lowered its outlook for South Korea's growth for next year, citing uncertainties in the global economy. In its interim report on next year's world economy, the Paris-based organization said South Korea's gross domestic product is expected to grow 2.2 percent in 2023, 0.3 percentage point lower than its previous forecast of 2.5 percent. The estimate is lower than the Seoul government's forecast of 2.5 percent and