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[BUSINESS] · South Korea · 21 sources

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Part of situation: Korea semiconductor boom drives record exports and FDI (36 clusters)

South Korea economy sees record growth driven by semiconductor exports

South Korea economy semiconductor exports nominal GDP Bank of Korea trade surplus

South Korea's economy is experiencing significant growth, driven largely by a surge in semiconductor exports. In the second quarter, nominal GDP rose by 26.4% year-on-year, marking its fastest growth in 47 years. Real GDP grew by 0.6% compared to the previous quarter, supported by strong exports and a 0.4% increase in private consumption.

Recent data from the first ten days of September shows exports reached $34.97 billion, an 82.6% increase from the previous year, setting a new record for that period. Semiconductors were the primary driver, with exports jumping 270.1% to $16.48 billion, accounting for 47.1% of total exports. This surge contributed to a record trade surplus of $10.37 billion for the period.

The Bank of Korea predicts that per capita Gross National Income (GNI) is highly likely to surpass $40,000 this year. To support continued momentum, the government announced plans to expand trade finance for small and medium-sized export enterprises, increasing support to 120 trillion won this year and 140 trillion won next year.

Entities

Bank of Korea · Kim Hwa-yong · Korea Customs Service · Ministry of Trade, Industry and Energy · SK Hynix · Samsung Electronics · South Korea

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

수출 중소·중견기업 무역금융 연내 120조원·내년 140조원 공급 - 매일신문 [www.imaeil.com]
2분기 GDP 0. 6% 성장…"수출·민간소비가 견인" - 전남일보 [www.jnilbo.com]
경기신문 - 기본에 충실한 경기·인천 지역 바른 신문 [www.kgnews.co.kr]
한은 "올해 1인당 국민총소득 4만달러 넘을 가능성 매우 커져" [www.kyeonggi.com]
'반도체의 힘' 9월 1~10일 수출 350억달러…역대 최대 기록 - 남도일보 [www.namdonews.com]
반도체가 다 했다…9월 초 수출, 두 달 만에 또 기록 경신 - 시사저널 [www.sisajournal.com]
전문가들과 함께 만드는 신문 - 조세금융신문(www. tfnews. co. kr) [www.tfmedia.co.kr]
2분기 GDP 0. 6% 성장 유지…GNI는 3. 1% 증가 [www.tokenpost.kr]
日本与韩国第二季度经济扩张0. 4%和0. 6% | 每日经济 [cn.dailyeconomic.com]
韓國名目 GDP 增幅 47 年新高，人均 GNI 破 4 萬美元機率增 | TechNews 科技新報 [finance.technews.tw]
韓國名目GDP增幅47年新高　人均GNI破4萬美元機率增 - 財經新聞 - PChome Online 新聞 [news.pchome.com.tw]
반도체가 끌어올린 GDP…‘10월 금리인상’ 무게 실리나 [명목GDP 47년만 최고] [biz.heraldcorp.com]
정부 “한국 경제 견조한 경기 회복 흐름…중동전쟁 불확실성은 확대” [www.hani.co.kr]
Korea’s per capita GNI likely to surpass $40,000 this year, central bank predicts [www.hani.co.kr]
건설 부진에도 수출·서비스 선전…2분기 성장률 0. 6% - 조세일보 [www.joseilbo.com]
9월 초 수출 83% 폭증 '역대 최대'…절반이 반도체 [www.mbn.co.kr]
올해 국민소득 '꿈의 4만 달러 시대' 열리나 [www.mbn.co.kr]
晶片撐起人均國民收入 韓國央行估今年有望首破4萬美元 | 鉅亨網 - 國際政經 [news.cnyes.com]
반도체 호황에 2분기 기업 성장·수익·안정성 '트리플' 개선 [www.newstomato.com]
명목 GDP 성장 47년 만에 최고… ‘국민소득 4만 달러’ 보인다 [www.seoul.co.kr]
S. Korea's nominal GDP grows at fastest pace in 47 years in Q2 [www.koreaherald.com]