2017.03.2719:45:00UTC+00South Korea GDP Revised Up To 0.5% In Q4

South Korea's gross domestic product expanded a seasonally adjusted annualized 0.5 percent on quarter in the fourth quarter of 2016, the Bank of Korea said in Tuesday's revised reading.

That was bumped up from 0.4 percent in January's preliminary reading and was unchanged from the three months prior.

On a yearly basis, GDP was revised up to 2.4 percent from January's 2.3 percent. In the third quarter, GDP had expanded 2.6 percent.

For all of 2016, GDP was moved up to 2.8 percent - up from 2.7 percent in the preliminary read and from 2.6 percent in 2015.