Feb 13 • 01:50 UTC 🇰🇷 Korea Hankyoreh (KR)

President Yoon's Approval Rating Reaches 63%, Highest of the New Year, Influenced by Economy and Real Estate Policy

A recent Gallup survey shows South Korean President Yoon Suk-yeol's approval rating at 63%, marking its highest point since November 2022, largely attributed to his economic and real estate policies.

A Gallup Korea poll conducted from January 10 to 12 revealed a notable uptick in President Yoon Suk-yeol's approval rating, which reached 63%, a significant increase from the previous week. The survey sampled 1,003 eligible voters aged 18 and older across the nation, presenting a 95% confidence level with a margin of error of ±3.1 percentage points. Alongside the rising approval, disapproval ratings fell to 26%, marking a low for the year. This drop suggests a shifting public perception towards the government's performance amidst ongoing economic discussions.

The poll highlighted several reasons behind the high approval rating, with 16% attributing their positive feedback to economic policies and 11% recognizing the handling of real estate issues. Other contributing factors included foreign diplomacy and effective communication. Conversely, criticism toward the administration focused heavily on real estate and economic management, reflecting a duality in public outlook on Yoon's leadership, especially with a significant segment expressing concerns over dictatorial tendencies and moral qualms, impacting their evaluation of his competency.

In addition to the presidential popularity trends, political party support saw the Democratic Party gain 3 percentage points to 44%, whereas the People Power Party experienced a decline to 22%. Discussions surrounding lowering the voting age from 18 to 16 revealed a strong opposition, with 77% against and only 18% in favor, indicating a substantial consensus on maintaining the current voting eligibility. For further insights and detailed statistical analysis, references can be made to Gallup Korea and the National Election Survey Deliberation Commission's official channels.

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