Goldman Sachs raises its forecast for South Korea's GDP growth and terminal policy interest rate to 3.25%

Goldman Sachs has raised its forecast for actual GDP growth in South Korea to 2.7% in 2026 and 2.3% in 2027. It expects the AI driven surplus to drive total exports to exceed $1 trillion, and the current account surplus to reach a historic high of about 15% of GDP. Goldman Sachs has also raised its forecast for terminal policy interest rates from 3% to 3.25%.