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S. Korea’s economic growth stops at 3.6 pct last year
2012.01.26 09:52:55 | 2012.01.26 16:32:49

[S. Korea’s economic growth stops at 3.6 pct last year] 기사의 본문 이미지

South Korea’s economic growth fell short of the central bank’s estimates as the nation’s private consumption and construction industries took a turn for the worse.

Korea’s real GDP (gross domestic product) made a 3.6 percent year-on-year growth, said the Bank of Korea (BOK) report Thursday on the fourth quarter (Q4) GDP and yearly GDP for 2011. Last year’s annual growth was the lowest after 2009’s 0.3 percent crawl and 0.2 percentage points short of the central bank’s earlier estimate in December last year (3.8 percent).

More specifically, exports grew 10.0 percent while private consumption and facilities investments made slow progress at 2.2 percent and 3.8 percent each. Investments in the construction sector posted the only negative growth at -6.5 percent.

Sector-wise, the manufacturing industries saw a 7.1 percent rise while the service sector witnessed a moderate 2.6 percent hike. The construction sector saw negative growth at -5.6 percent.

Meanwhile, the quarterly statistics for Q4 showed a 0.4 percent growth on-quarter and 3.4 percent growth on-year. Q4 saw negative growth in all categories but inventories (0.6 percent), which includes private consumption (-0.4 percent), government spending (-1.7 percent), facilities investment (-5.2 percent), constructions investment (-0.3 percent), exports (-1.5 percent), and imports (-3.1 percent).

[Written by Ik-ho Choi - Samji Chung / edited by Soyoung Chung]

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Korean View

민간소비와 건설업 경기 악화로 지난해 경제성장률이 한국은행의 예상치를 밑돈 것으로 나타났다.

26일 한국은행이 발표한 `2011년 4분기 및 연간 국내총생산(속보)`에 따르면 지난해 실질 국내총생산(GDP)은 전년 대비 3.6% 성장했다. 이는 2009년 0.3% 성장 이후 가장 낮은 수준이며, 한은이 지난해 12월 예상한 성장률 3.8%보다도 0.2%포인트 낮은 것이다.

지출항목별로는 수출이 10.0% 성장한 가운데 민간소비와 설비투자는 각각 2.2%와 3.8% 성장하는데 그쳤다. 반면 건설투자는 -6.5%로 유일하게 마이너스 성장했다.

업종별로는 제조업이 7.1% 증가..

경제용어사전 프린트 이메일 전송 리스트

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