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South Korea GDP surges 1.7% in Q1 2026, fastest pace in over 5 years
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South Korea's real GDP jumped 1.7 percent in Q1 2026 from the prior quarter—the strongest growth in 5½ years—despite Middle East tensions, easily topping the Bank of Korea's 0.9 percent forecast on robust exports and steady domestic demand. Part of the rebound following 2025's modest 1% annual expansion (see prior article in series).
The Prosperity Party government is carrying out massive economic activities to maintain Ethiopia on a fast growth path and ensure broad public benefits.
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Hong Kong's economy expanded 5.9% year-on-year in Q1 2026, its fastest quarterly growth in nearly five years and surpassing Financial Secretary Paul Chan's forecast of over 4%. Driven by private consumption and government spending despite Middle East tensions, the advance estimate from the Census and Statistics Department exceeded the 4% rise in Q4 2025. A government spokesman highlighted a positive outlook but noted regional risks.
The Indonesian government is optimistic that economic growth in the first quarter of 2026 will reach 5.5-6 percent, breaking the stagnant pattern around 5 percent. Finance Minister Purbaya Yudhi Sadewa stated this at the Indonesia Economic Outlook 2026 event in Jakarta.
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France is now poorer than the European average in terms of GDP per capita, according to Eurostat's latest 2024 estimates. This decoupling, which has accelerated over the past decade, fits into a sluggish 0.9% growth in 2025, far below the EU's 1.6%.
South Korea's leading business lobbies called for aggressive investments in artificial intelligence (AI) to secure global competitiveness in 2026. Chey Tae-won, chairman of the Korea Chamber of Commerce and Industry (KCCI), emphasized building swift investment capabilities in AI and green sectors amid challenges like low growth and geopolitical uncertainties. Other groups highlighted the need for eased regulations and stronger public-private cooperation.
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Egypt’s engineering exports showed strong growth in 2025, reaching $5.93 billion in the first 11 months—the highest ever recorded. The Engineering Export Council of Egypt reported a 13.9% year-on-year increase from the previous year. November saw a 35.4% surge to $621.3 million.
Purbaya projects Indonesia Q2 2026 economic growth up to 5.7%
25 मार्च 2026 21:35Bank of France lowers growth forecasts for 2026 and 2027
20 मार्च 2026 06:32IMF cuts Spain's growth forecast to 2.1% due to Iran war
18 मार्च 2026 00:17CEP deems Treasury's economic goals demanding but achievable
11 मार्च 2026 18:40China's foreign trade surge supports 2026 growth target
29 जनवरी 2026 14:05India's economic survey 2025-26 highlights growth and reforms
24 जनवरी 2026 01:38Colombia's economy grew 3.1% in November 2025 according to Dane
21 जनवरी 2026 04:02दावोस में विशेषज्ञों ने भारत की तीसरी सबसे बड़ी अर्थव्यवस्था बनने पर चर्चा की
19 जनवरी 2026 04:14China's GDP grows 5 percent in 2025
28 दिसंबर 2025 16:27Hong Kong finance chief upbeat on 2026 outlook after 3.2% growth