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OECD growth forecast for Korea soars to 2.6% on chip exports

The Organisation for Economic Cooperation and Development raised Korea's 2026 growth outlook from 1.7 percent to 2.6 percent, the largest upward revision among Group of 20 countries amid a continuing semiconductor export boom.

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koreaherald.com

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AI · summaries

koreaherald.com3 mesi fa

OECD revises up S. Korea's 2026 growth outlook to 2.6%

OECD raised South Korea's 2026 growth forecast to 2.6% from 1.7%, driven by chip exports surging 169% to $37.2B in May. DRAM and NAND momentum signals sustained AI infrastructure buildout globally, securing Korea's dominance in critical foundational AI hardware.

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koreajoongangdaily.joins.com3 mesi fa

Korea's monthly exports up 53% to record high of $87.8 billion in May

Korea's May exports hit a record $87.8B (+53% YoY), led by semiconductors at $37.2B (+169%) driven by Big Tech's AI infrastructure spending. DRAM +370%, SSDs +291%: a macro confirmation of the AI memory supercycle, with direct cost pressure on hardware procurement budgets for any team scaling AI in 2026.

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Timeline cronologica

lunedì 1 giugno 2026·koreajoongangdaily.joins.com
Korea's monthly exports up 53% to record high of $87.8 billion in May
Korea's exports surged 53 percent from a year earlier to a new monthly high of $87.8 billion in May, driven by the semiconductor supercycle, government data showed on Monday.
mercoledì 3 giugno 2026·koreaherald.com
OECD revises up S. Korea's 2026 growth outlook to 2.6%
The Organization for Economic Cooperation and Development on Wednesday raised South Korea's economic growth outlook for this year to 2.6 percent from 1.7 percen