OECD expects S. Korea's 2021 economic growth rate to be 4.0%
Updated: 2021-12-01 17:06:09 KST
The OECD has kept this year's economic growth outlook for South Korea at the same level despite lowering its forecasts for other countries
According to its Interim Economic Outlook on Wednesday, Seoul's economy is expected to grow by four-percent the same as September's forecast.
The OECD expects the country's economy to recover fast thanks to a swift vaccination rollout and strong exports.
As for next year, the nation's economy is likely to grow by three-percent, up point-one percentage points from its previous forecast.