The South Korean government may lower its GDP growth forecast for next year to 1% due to the aftermath of the martial law creating uncertainty for the economy. The South Korean Ministry of Finance will announce the economic policy direction for next year by the end of the year. The South Korean government initially predicted economic growth of 2.6% and 2.2% for this year and next year, respectively. Additionally, the South Korean central bank predicted in November a 1.9% economic growth for 2025, which does not reflect the impact of the martial law on the economy.