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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Respondents in their 30s showed the highest concern at 64.5 per cent. Young professionals displayed strong interest in using AI to guide financial decisions, the study found.

The report also revealed 67.2 per cent were uneasy about lacking AI skills at work. Over half, 54.9 per cent, worried about the AI education boom. Experts warned users not to take AI outputs as facts. Answers may vary across different platforms, and models may carry biases. Verification is essential.

Earlier this year, South Korea announced a record 35.3 trillion won ($25.1 billion) allocation for R&D in 2026. President Lee Jae Myung led the decision to boost productivity and develop new growth engines, with plans soon to be submitted to the National Assembly.

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