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Country Overview
AS OF 28 May 2025- Highly Developed Mixed Economy: South Korea boasts a highly developed mixed economy, ranking as the 13th largest globally by nominal GDP and the 4th largest in Asia as of 2025, with a nominal GDP of approximately USD 1.950 trillion.
- Rapid Economic Development: The nation experienced a remarkable economic transformation known as the “Miracle on the Han River”, evolving from an underdeveloped country to a high-income, developed nation in a few decades.
- Global Leader in Key Industries: South Korea is a global leader in sectors such as electronics, telecommunications, automobile production, chemicals, shipbuilding, and steel, with significant investments in research and development (around 4.93% of GDP).
CreditSight View Comment
AS OF 20 Jun 2025Recommendation Reviewed:
Recommendation Changed:
Recommended Issuers
Who We Recommend
Siam Commercial Bank
Bond:
SCBTB 3.9 24
Pertamina
Bond:
PERTIJ 3.1 30
Credit Rating:
-/BBB/-
Kasikornbank
Bond:
KBANK 5.458 28

