Real GNI Jumps 0.8% in Q1

Write : 2013-06-07 09:58:19 Update : 2013-06-07 15:33:05

Real GNI Jumps 0.8% in Q1

South Korea's real gross national income (GNI) grew nearly one percent in the first quarter compared to the previous year.

The Bank of Korea said Friday that the nation’s real GNI inched up eight-tenths of a percent in the first quarter from the fourth quarter of last year.

The central bank attributed the rise in the figure to a recovery in exports and improved trade conditions.

The bank said that the net factor income from the rest of the world also helped raise South Korea’s real GNI after it grew to one-point-six trillion won from one-point-four trillion won during the first quarter.

Meanwhile, the nation’s real gross domestic product grew eight-tenths of a percent, down one-tenth of a percentage point from a projection issued in April.

Private consumption fell four-tenths of a percent, showing the biggest contraction since the first quarter of 2009. The nation’s savings rate, meanwhile, jumped to 31-point-four percent from 30-point-three percent of the previous quarter.

  • RSS
  • Facebook
  • Twitter
  • print
  • list
  • Top
prev  prev  1 2 3 4 5 6 7 8 9 10 next
On-Air 11 Languages by Rotation
open the window of AOD Listen
Time & Frequency
이산가족 유네스코 E
Speak Korean Talk to the World
The Road to Reconciliation and Cooperation
광복70년 미래30년 - 미래한국, 통일 한반도
광복70년 대한민국 파노라마
More Service
KBS World Radio On-Air
  • KBS World Radio On-Air
  • On-Air app is specifically designed for quick and easy access to audio services for KBS World Radio programs in 11 languages.


2 / 4