Daegu, a city in South Korea, is facing a significant economic crisis, with its per capita Gross Regional Domestic Product (GRDP) at a staggering 3,137,000 KRW, marking the lowest in the nation for 30 consecutive years. This alarming statistic highlights the city’s struggle to keep pace with the national average, which stands at approximately 63% higher. The situation is further exacerbated by a projected economic growth rate of -0.8% for 2024, making Daegu the only metropolitan area in South Korea expected to experience negative growth.