S. KOREA REPORTS ITS GDP TO HAVE SHRUNK 1 PERCENT IN 2020

Highlights –

• S. Korea reports its GDP to have shrunk 1 percent in 2020.
• The country’s economy is said to have been the worst in 2020.
• The BOK last year had forecasted a 1.3 percent contraction in the economy.
• The country’s economy reportedly grew 1.1 percent in Q4 2020.

The Bank of Korea on Tuesday reported the country’s economic perfo....