Most Popular
-
1
Thousands rally in Seoul to call for Yoon's resignation
-
2
Suicide attempts spike among youth in Korea
-
3
Hezbollah leader Hassan Nasrallah is killed in Beirut strike, Israel's military says
-
4
FM champions multilateralism, stresses S. Korea's vision as 'global pivotal state'
-
5
[Weekender] How Seongsu, once an industrial zone, has become ‘Seoul’s Brooklyn’
![[Weekender] How Seongsu, once an industrial zone, has become ‘Seoul’s Brooklyn’](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/27/20240927050701_0.jpg&u=)
![[Weekender] How Seongsu, once an industrial zone, has become ‘Seoul’s Brooklyn’](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/09/27/20240927050701_0.jpg&u=)
-
6
S. Korea to showcase Hyunmoo-5 ballistic missile on Armed Forces Day ceremony for 1st time
-
7
Delta Air Lines to launch new Incheon-Salt Lake City route in June next year
-
8
Korean American documentary ‘Free Chol Soo Lee' wins Emmy
-
9
Korea, China, Japan vow to address yellow dust and climate change
-
10
4 in 10 illegal aliens entered S. Korea without visas last year: data
South Korea’s per capita income fell from a year earlier in 2015, marking the first on-year drop in six years, the central bank said on Friday.
Last year, the country’s per capita gross national income came to $27,340, down 2.6 percent from $28,071 in the previous year, according to preliminary data from the Bank of Korea.
The fall was mostly caused by a decline in the Korean won, the bank said. The local currency had suffered a 7.4 percent drop in value against the dollar in 2015.
The BOK also said the South Korean economy continued to grow last year, although at a slower pace.
Real gross domestic product rose 2.6 percent on-year last year, compared with a 3.3 percent expansion in the previous year.
The latest reading is mainly in line with the bank’s earlier estimates.
However, the BOK cut its growth forecast for this year to 3 percent from 3.2 percent.
(khnews@heraldcorp.com)
Last year, the country’s per capita gross national income came to $27,340, down 2.6 percent from $28,071 in the previous year, according to preliminary data from the Bank of Korea.
The fall was mostly caused by a decline in the Korean won, the bank said. The local currency had suffered a 7.4 percent drop in value against the dollar in 2015.
The BOK also said the South Korean economy continued to grow last year, although at a slower pace.
Real gross domestic product rose 2.6 percent on-year last year, compared with a 3.3 percent expansion in the previous year.
The latest reading is mainly in line with the bank’s earlier estimates.
However, the BOK cut its growth forecast for this year to 3 percent from 3.2 percent.
(khnews@heraldcorp.com)
-
Articles by Korea Herald
