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The first case in South Korea was announced on 20 January 2020. [3] The number of confirmed cases increased on 19 February by 20, and on 20 February by 58 [4] or 70, [5] giving a total of 346 confirmed cases on 21 February 2020, according to the Korea Disease Control and Prevention Agency (KDCA), with the sudden jump mostly attributed to ...
The economy of South Korea is a highly developed mixed economy. [19] [20] [21] By nominal GDP, the economy was worth ₩2.61 quadrillion (US$1.87 trillion).It has the 4th largest economy in Asia and the 12th largest in the world as of 2025. [3]
The Korean economy exhibited relatively low real GDP growth prior to the spread of the virus caused by COVID-19 (1%). The already sluggish economy led Korea to experience a contraction of its real GDP during the first half of 2020, with a decline of 1.28% in the first quarter and a contraction of 2.74% in the second quarter, indicating a recession.
COVID-19 pandemic in South Korea, coronavirus outbreak which affected South Korea from 2020 This page was last edited on 7 April 2021, at 17:45 (UTC). Text is ...
In 2020, the COVID-19 pandemic exacerbated economic inequality in South Korea. [5] South Korea's President, Moon Jae-in, attributed a deepening wealth gap between the rich and the poor to the 2020 COVID-19 pandemic. [6] South Korea's economy depends on the gross domestic product generated by a handful of the country's largest companies.
COVID-19 pandemic in South Korea This page was last edited on 4 May 2020, at 13:14 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4.0 ...
The state-run Korea Development Institute now projects South Korea’s economy to grow by 1.6% in 2025, which is 0.4 percentage points lower than its previous estimate announced in November.
1 April: 2020 coronavirus pandemic in South Korea — As infection rates have risen outside Korea leading to increases of sick arriving in the country (476 of 9,661 cases were imported as of 30 March), the KCDC will be implementing stronger infectious disease control measures for travelers coming from overseas as of 1 April.