The South Korean economy grew faster than expected in the three months to March.
Asia's fourth largest economy grew by 3.9% in the first quarter compared with last year, beating analysts' expectations of 3.7%. Compared with the previous quarter, South Korea's economy grew by 0.9%.
Exports drive a large portion of the South Korean economy, and a revival of US markets helped to boost the country's exports. Its exports grew by 1.7% compared with the previous quarter, according to the Bank of Korea.
Im No-jung, chief economist at IM Investment & Securities, said: "Advanced economies are expected to recover quickly, leading to better exports, which will also influence domestic spending.
"Judging from the data, growth will pick up towards the latter half of the year and the economy will probably grow about 4.1% this year."
Figures also showed that investment in South Korea's construction industry grew by 4.8% which indicates a slight slowdown - investment in the sector grew by 5.2% in the previous quarter.
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