According to a study by the Korea Capital Market Institute (KCMI), the South Korean economy is expected to see a growth rate of just 2.2% in 2019. The KCMI based its results on the impact of the current US-China trade war, which massively impacts South Korean exports. A decline in exports was also coupled with stagnant domestic consumption. If the US-China trade war worsens, South Korean growth could fall to as low as 2%. (provided by the KCMI)