South Korea's economic growth ranked second in the third quarter among member nations of the Organization for Economic Cooperation and Development(OECD).
 
According to OECD data on Monday, the South Korean economy grew one-point-four percent in the July-September period from a quarter earlier. 
 
That's the second largest growth among OECD nations after one-point-five percent for Latvia, which joined the organization last year. 
 
The average on-quarter growth rate of the OECD economies stood at point-six percent in the third quarter, down from point-eight percent in the second quarter.