South Korea's Q1 Economic Growth Surpasses Estimates, Driven by Semiconductor Demand
South Korea's economy grew by 1.7% in Q1 2026, exceeding expectations and marking the fastest growth since mid-2020, driven by strong semiconductor exports. The expansion was fueled by a 5.1% increase in exports, particularly in IT components for AI infrastructure, while public spending remained weak.
Topics: Economic Growth Exports GDP Semiconductors South Korea