This increase marked the largest annual jump since 2012, when the NTS began compiling such data. Companies with no net income now account for 44.5 per cent of all firms paying corporate taxes last year. The share had remained below 40 per cent until 2019 and first surpassed it in 2020.

Meanwhile, the number of firms earning over 10 billion won ($7.03 million) fell by 7.3 per cent to 3,776. This was the first decline in firms posting high net profits since records began. South Korea also recorded a tax revenue shortfall of 30.8 trillion won in 2024, following a 56.4 trillion-won deficit in 2023.

Foreign investment remained strong, especially by British investors, who traded 557.4 trillion won of South Korean stocks between January and August. Total foreign trading reached 1,247.7 trillion won ($889 billion), highlighting international interest despite domestic economic slowdown.

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Britain led all countries with trading volume of 557.4 trillion won, representing 44.7 percent of total foreign trades. The Cayman Islands and Singapore followed with 14.1 percent and 12.1 percent, respectively. Combined, these three countries accounted for 70 percent of all foreign stock transactions.

Asian investors showed minimal activity. Chinese, Hong Kong, and Japanese investors contributed just 0.5 percent, 0.5 percent, and 0.4 percent, respectively. Meanwhile, American investors held the largest value of Korean stocks, worth 367.4 trillion won, or 40.6 percent of total foreign holdings.

South Korean stocks rose past the 3,500 mark in early October, following business partnerships between OpenAI, Samsung Electronics, and SK hynix. The KOSPI gained 93.38 points to close at 3,549.21. Trading volume reached 394.92 million shares worth 18.57 trillion won, with winners significantly outnumbering losers.

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