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Korea, Republic of

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Korea, Republic of
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Asian Development Outlook 2008

Growth Steadied by Consumer Confidence

With business and consumer confidence rising, the Korean economy is projected to maintain growth of around 5% this year and next. Continued strength of domestic demand is expected to offset weakness of external demand. Find out more in the Asian Development Outlook 2008. Read the news release.

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ADB-Republic of Korea Partnership
The Republic of Korea is ADB's eighth largest shareholder. It has contributed $2.68 billion in capital subscription and $313.54 million to special funds since joining in 1966.

Learn more about ADB's partnership with Korea [ PDF ]

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ADB’s third Annual Meeting was held in Seoul on 9–11 April 1970; the 37th was held in Jeju Island on 15–17 May 2004.
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