The outlook on South Korea's economic growth for this year is falling.
 
According to a February tally by Consensus Economics, a global macroeconomic survey firm, South Korea's gross domestic product (GDP) is expected to rise by an average two-point-seven percent.
 
It's down from two-point-eight percent projected in January and three-point-seven percent from a year ago.
 
Consensus Economics polls more than 700 economists, including investment banks such as Goldman Sachs and Nomura, on the growth outlook of world economies and it also issues monthly forecasts.