安融（香港）評級確認大韩民国“AA-”國際評級；展望:稳定
安融（香港）評級確認大韩民国“AA-”國際評級；展望:稳定
30 12 2024
2024年12月30日，中國香港。安融（香港）評級確認大韩民国（簡稱“韩国”）的長期主體評級為“AA-”，展望為“稳定”。
評級結果肯定了作為發達國家，韓國產業結構以製造業和服務業為主，外匯儲備較為夯實，同時也關注了韓國自然資源匱乏，主要工業原料均依賴進口，未來人口老齡化對經濟的影響較大，朝鮮半島局勢的不確定性未來可能對韓國的經濟發展產生負面影響等不良因素。
關鍵評級觀點
優勢
作為發達國家，韓國產業結構以製造業和服務業為主，部分產業產量均進入世界前10名；
韓國外匯儲備較為夯實。
關注
韓國自然資源匱乏，主要工業原料均依賴進口；
韓國未來人口老齡化對經濟的影響較大；
朝鮮半島局勢的不確定性未來可能對韓國的經濟發展產生負面影響。
評級展望
韓國部分產業產量均進入世界前10名，且外匯儲備較為夯實，降低了債務違約風險。綜合考慮，安融（香港）評級授予大韓民國的信用評級展望為穩定。
注：
1、上述評級均為主動評級。
2、本文譯自英文版新聞稿。若有分歧，以英文版為准。
專案組組員
林芮礽，分析師
評審委員會主任
胡超
Huchao@arrating.com
媒體聯繫
complaints@arrating.com
評級服務聯繫
林芮礽
相關信用評級委員會召開日期：2024年12月30日
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相關的評級方法和模型
《主權信用評級方法和模型》（2024年11月28日）
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ARHK Affirms ‘AA-’ International Rating to Republic of Korea, Outlook Stable
30 December 2024
Hong Kong, December 30, 2024. ARHK has affirmed an international scale long-term issuer credit rating of ‘AA-’ to Republic of Korea (hereinafter referred to as ‘South Korea’) with a stable outlook.
The rating results confirm that South Korea is a developed country with a robust level of foreign exchange reserves, and its industrial structure is dominated by manufacturing and services. However, South Korea’s rating is constrained by several factors, including a scarcity of natural resources, the high reliance on imports for key industrial raw materials, the significant economic impact of future population aging, and uncertainties on the Korean Peninsula that could threaten South Korea’s future economic development.
KEY RATING PERSPECTIVES
Strengths
As a developed country, South Korea’s industrial structure is dominated by manufacturing and services, with several industries ranking among the top 10 globally in terms of output.
South Korea maintains robust foreign exchange reserves.
Weaknesses
South Korea faces a scarcity of natural resources and key industrial raw materials highly rely on imports.
South Korea’s future population aging has a significant impact on its economic performance.
South Korea’s future economic development can be negatively impacted by uncertainties on the Korean Peninsula.
RATING OUTLOOK
The stable outlook for South Korea reflects our view that South Korea’s robust foreign exchange reserves and several industries that rank among the top 10 globally in terms of output help reduce its debt default risk. Taking all factors into consideration, ARHK assigns a stable outlook to the credit rating of South Korea.
NOTE:
1. The above ratings are all unsolicited credit ratings.
2. The Chinese version of this article is translated from the English version of the press release. In case of discrepancies, the English version shall prevail.
ANALYST CONTACTS
Analyst
Lam Yui Ying
Committee Chair
James Hu
Media Contact
Rating Services Contact
Lam Yui Ying
Date of Relevant Rating Committee: 30 December 2024
Additional information is available on www.arrating.com
Related Criteria
Sovereign Credit Rating Methods and Models (28 November 2024)
DISCLAIMER
This rating is based on information officially released to the public by the rated objects. The legality, authenticity, completeness, accuracy, and timeliness of the relevant information are the responsibility of the rated objects and its information publishers. ARHK has conducted a prudent analysis of the rating information based on the principles of relevance, timeliness, and reliability, but does not guarantee the legality, authenticity, completeness, accuracy, and timeliness of the above information. The rating results did not take into account non-public information that may have a significant impact on the credit rating and could not be obtained.
Any statements and judgments regarding the credit status of the rated objects in this report are only for reference in relevant decision-making and do not imply that ARHK substantively recommends any user to invest, borrow or lend money, and trade based on this report, nor can they be used as a basis for users to purchase, sell, or hold related financial products. Under no circumstances shall ARHK, as well as its directors, shareholders, employees, or representatives be liable for any damages, expenses, costs, or losses incurred by any investor (including institutional and individual investors) as a result of using the analysis results presented in this report, nor shall they be liable for any consequences arising from the use of this report by the rated objects or their issuers or providing this report to other parties.