1、AMRO Country Report ACR-2026-03 ASEAN+3 Macroeconomic Research Office(AMRO)November 2024 ASEAN+3 Macroeconomic Research Office(AMRO)March 2026 AMRO Annual Consultation Report Korea 2025 ANNUAL CONSULTATION REPORT KOREA 2025 ASEAN+3 Macroeconomic Research Office(AMRO)Page 1 of 70 Acknowledgments 1.Th
2、is Annual Consultation Report on Korea has been prepared in accordance with the functions of AMRO to monitor,assess and report on its members macroeconomic status and financial soundness,to identify relevant risks and vulnerabilities,and to assist them in the timely formulation of policy to mitigate
3、 such risks(Article 3(a)and(b)of the AMRO Agreement).2.This Report is drafted on the basis of the Annual Consultation Visit of AMRO to Korea on December 8-19,2025(Article 5(b)of the AMRO Agreement).The AMRO Mission team was headed by Kian Heng Peh,Group Head and Lead Economist.Members included Jade
4、Vichyanond,Country Economist for Korea;Wee Chian Koh,Back-up Economist;Bora Lee,Senior Economist;Byunghoon Nam,Senior Economist;and Justin Lim,Economist.AMRO Director Yasuto Watanabe and Chief Economist Dong He also participated in key policy meetings with the authorities.This AMRO Annual Consultati
5、on Report on Korea for 2025 was peer-reviewed by an economist group from AMROs country surveillance,financial surveillance,fiscal surveillance and policy review teams;endorsed by Jiangyan Yu,Senior Economist,Policy and Review Group;and approved by Dong He,AMRO Chief Economist.3.The analysis in this
6、Report is based on information available up to December 31,2025.4.By making any designation of or reference to a particular territory or geographical area,or by using the term“member”or“country”in this Report,AMRO does not intend to make any judgments as to the legal or other status of any territory