Bankruptcies in South Korea increased to 25 Companies in March from 8 Companies in February of 2021. source: The Bank of Korea

Bankruptcies in South Korea averaged 432.06 Companies from 1990 until 2021, reaching an all time high of 3377 Companies in February of 1998 and a record low of 8 Companies in February of 2021. This page provides - South Korea Bankruptcies - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Bankruptcies - values, historical data and charts - was last updated on May of 2021.

Bankruptcies in South Korea is expected to be 20.00 Companies by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bankruptcies in South Korea to stand at 25.00 in 12 months time. In the long-term, the South Korea Bankruptcies is projected to trend around 25.00 Companies in 2022, according to our econometric models.

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South Korea Bankruptcies

Actual Previous Highest Lowest Dates Unit Frequency
25.00 8.00 3377.00 8.00 1990 - 2021 Companies Monthly
Volume, NSA

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 96.00 89.00 119.00 35.00 points [+]
Manufacturing PMI 54.60 55.30 55.30 41.30 points [+]
Industrial Production 4.70 0.90 38.90 -25.30 percent [+]
Industrial Production Mom -0.80 4.40 11.00 -11.10 percent [+]
Manufacturing Production 4.70 1.00 41.60 -26.70 percent [+]
Capacity Utilization 105.50 104.80 106.10 3.80 points [+]
New Orders 14687024.00 8756127.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 467.90 153.00 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 25.00 8.00 3377.00 8.00 Companies [+]
Car Registrations 141236.00 107280.00 205595.00 49944.00 [+]
Leading Economic Index 125.30 124.70 125.30 4.40 points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Corruption Index 61.00 59.00 61.00 38.00 Points [+]
Corruption Rank 33.00 39.00 52.00 27.00 [+]
Coincident Index 115.10 114.30 115.10 4.30 points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Car Production 3506774.00 3950617.00 4657094.00 1954494.00 [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 22349.73 24494.72 25106.16 13859.99 Gigawatt-hour [+]
Mining Production -11.10 -10.10 43.10 -36.00 percent [+]
Steel Production 6100.00 5500.00 6405.68 650.00 Thousand Tonnes [+]


South Korea Bankruptcies
In South Korea, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business.