Major global investment banks raised their 2026 growth forecasts for South Korea to an average of 3.5 percent amid a stronger-than-expected chip boom, with J.P. Morgan lifting its estimate to 4.0 percent.
The average forecast from eight banks rose from 3.3 percent a month earlier, according to end-September data compiled by the Korea Center for International Finance.
Kim Yeon-jae
Kim Yeon-jae is a journalist at AJU Press (AJP's English platform),
covering macroeconomics, international finance, and geopolitics.
He closely tracks central bank monetary policies, global energy supply chains,
and the Korean defense industry.
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