South Korea Bankruptcies  Forecast


Bankruptcies in South Korea is expected to be 40.00 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 45.00 in 12 months time. In the long-term, the South Korea Bankruptcies is projected to trend around 58.00 Companies in 2020, according to our econometric models.


South Korea Bankruptcies
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South Korea Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 78 79 79 82 83 83
Manufacturing PMI 49.9 50 50.3 50.2 49.8 50.9
Industrial Production 0.1 6.7 1.7 3.8 3.1 2.5
Industrial Production Mom 1.9 0.33 0.8 0.33 0.1 1.7
Manufacturing Production -0.1 5.4 2.4 3.7 1.9 1.1
Capacity Utilization 113 113 113 114 114 116
New Orders 5617663 4890000 4090671 6310931 6045504 5110000
Changes in Inventories 263 -4200 -2404 1925 2045 5030
Bankruptcies 31 40 52 41 45 58
Car Registrations 120975 120000 139000 145424 164434 155000
Leading Economic Index 133 130 131 135 133 146
Mining Production 13.1 2.8 3.5 2.8 -1.5 4.7
Steel Production 6159 5900 6150 6200 5730 6410
Cement Production 5069 5300 6100 5700 6400 6540
Coincident Index 126 126 127 128 128 136
Competitiveness Index 5.03 5.05 5.05 5.04 5.05 5.3
Competitiveness Rank 26 25 25 24 24 21
Corruption Index 53 60 60 63 63 68
Corruption Rank 52 34 34 33 33 30
Ease of Doing Business 5 4 4 4 4 3
Electricity Production 23629 22100 24304 22919 23878 24300