
BOK expected to raise S. Korea s 2026 growth estimate to over 3%: experts
Most of the experts agreed the central bank could sharply raise South Korea's account surplus estimate from $250 billion announced in May.
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Summary
Most of the experts agreed the central bank could sharply raise South Korea's account surplus estimate from $250 billion announced in May. BOK expected to raise S. Korea s 2026 growth estimate to over 3%: experts. According to a recent survey on six economic analysts conducted by Yonhap News Agency, respondents expect the BOK to revise its 2026 growth outlook from the current 2.6 percent to as high as 3.4 percent.
Furthermore, A supply crunch is likely to continue longer, beyond 2027," Park from Nomura said. Joo Won, deputy director of economic research at Hyundai Research Institute, offered a cautionary outlook, saying the semiconductor supercycle could peak out sooner than expected, noting that August chip exports dropped from a month earlier. Others gave a similar estimate of around 3.1 to 3.2 percent, with the highest estimate coming from Nomura Securities, which projected 3.4 percent annual economic growth.
In addition, "While the demand for artificial intelligence inference is growing exponentially, the pace of semiconductor supply is relatively slow. The experts' growth outlooks for next year were between 2.2 percent to 2.8 percent, the survey showed.
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Most of the experts agreed the central bank could sharply raise South Korea's account surplus estimate from $250 billion announced in May.
reliability low1/2 sourcesBOK expected to raise S. Korea s 2026 growth estimate to over 3%: experts.
reliability low1/2 sourcesAccording to a recent survey on six economic analysts conducted by Yonhap News Agency, respondents expect the BOK to revise its 2026 growth outlook from the current 2.6 percent to as high as 3.4 percent.
reliability low1/2 sourcesA supply crunch is likely to continue longer, beyond 2027," Park from Nomura said.
reliability low1/2 sourcesJoo Won, deputy director of economic research at Hyundai Research Institute, offered a cautionary outlook, saying the semiconductor supercycle could peak out sooner than expected, noting that August chip exports dropped from a month earlier.
reliability low1/2 sourcesOthers gave a similar estimate of around 3.1 to 3.2 percent, with the highest estimate coming from Nomura Securities, which projected 3.4 percent annual economic growth.
reliability low1/2 sources"While the demand for artificial intelligence inference is growing exponentially, the pace of semiconductor supply is relatively slow.
reliability low1/2 sourcesThe experts' growth outlooks for next year were between 2.2 percent to 2.8 percent, the survey showed.
reliability low1/2 sources
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