---
title: "The South Korean economy grew by 1.2% quarter-on-quarter in the third quarter, exceeding expectations"
description: "The Bank of Korea announced that the South Korean economy grew by 1.2% quarter-on-quarter in the third quarter, exceeding market expectations of 1%. Compared to the same period last year, the economy "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/262978322.md"
published_at: "2025-10-28T00:12:00.000Z"
---

# The South Korean economy grew by 1.2% quarter-on-quarter in the third quarter, exceeding expectations

> The Bank of Korea announced that the South Korean economy grew by 1.2% quarter-on-quarter in the third quarter, exceeding market expectations of 1%. Compared to the same period last year, the economy rose by 1.7%. Driven by increased shipments of semiconductors and automobiles, South Korea's overall exports grew by 1.5%, while facility investment rose by 2.4% due to increased demand for semiconductor manufacturing equipment

The Bank of Korea announced that the South Korean economy grew by 1.2% quarter-on-quarter in the third quarter, exceeding market expectations of 1%. Compared to the same period last year, the economy rose by 1.7%.

Driven by increased shipments of semiconductors and automobiles, South Korea's overall exports grew by 1.5%, while facility investment rose by 2.4% due to increased demand for semiconductor manufacturing equipment

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.