Lee Jae Myung approval rating falls
Analysis based on 6 articles · First reported Jul 24, 2026 · Last updated Aug 10, 2026
The declining approval rating may signal political instability, potentially affecting investor confidence in South Korean markets. However, the direct market impact is limited as the event is primarily political, with no immediate policy changes announced.
President Lee Jae Myung's approval rating has declined for four consecutive weeks, reaching a new low of 43.3 percent in a Realmeter poll released on August 10, 2026. The decline is attributed to several factors including proposed property tax revisions, controversy over a revision to the Criminal Procedure Act, the prolonged heat wave, and remarks about the Korea Military Academy. Earlier polls showed a steady decline from 51 percent in late July to 46.3 percent and then 45.9 percent, with negative assessments surpassing 50 percent for the first time. The controversies include the sale of Lee's apartment, hints at raising property holding taxes, and a possible constitutional amendment to allow presidential reelection. Support for the ruling South Korea — Minjudang has fluctuated, while the main opposition South Korea — People Power Party has seen varying support. The polls were conducted by Realmeter and Gallup Korea.
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