Business Confidence in South Korea increased to 73 Index Points in March from 69 Index Points in February of 2019. Business Confidence in South Korea averaged 80.57 Index Points from 1991 until 2019, reaching an all time high of 119 Index Points in December of 1994 and a record low of 35 Index Points in March of 1998.

Business Confidence in South Korea is expected to be 71.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in South Korea to stand at 75.00 in 12 months time. In the long-term, the South Korea Business Confidence is projected to trend around 83.00 Index Points in 2020, according to our econometric models.

South Korea Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-27 09:00 PM Business Confidence 71 73 71
2019-01-29 09:00 PM Business Confidence 67 71 70
2019-02-26 09:00 PM Business Confidence 69 67 68
2019-03-27 09:00 PM Business Confidence 73 69 71
2019-04-29 09:00 PM Business Confidence 73
2019-05-28 09:00 PM Business Confidence
2019-06-26 09:00 PM Business Confidence 79.2


South Korea Business Last Previous Highest Lowest Unit
Business Confidence 73.00 69.00 119.00 35.00 Index Points [+]
Manufacturing PMI 48.80 47.20 52.60 45.70 [+]
Industrial Production -2.70 -0.20 39.40 -25.40 percent [+]
Industrial Production Mom -2.60 0.20 10.50 -10.80 percent [+]
Manufacturing Production -2.50 0.20 40.80 -26.60 percent [+]
Capacity Utilization 101.70 103.10 104.60 3.80 Index Points [+]
New Orders 6370522.00 6276359.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 1731.70 -1354.20 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 37.00 48.00 3377.00 26.00 Companies [+]
Car Registrations 125916.00 98129.00 155971.00 49944.00 [+]
Leading Economic Index 113.50 113.40 113.70 4.40 Index Points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Steel Production 5471.18 6210.58 6405.68 650.00 Thousand Tonnes [+]
Mining Production 6.50 5.60 43.10 -36.00 percent [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 22130.41 25106.16 25106.16 13859.99 Gigawatt-hour [+]
Car Production 4114913.00 4228509.00 4657094.00 1954494.00 [+]
Coincident Index 109.80 110.00 110.00 4.30 Index Points [+]
Competitiveness Index 78.84 78.03 78.84 4.93 Points [+]
Competitiveness Rank 15.00 17.00 26.00 11.00 [+]
Corruption Index 57.00 54.00 57.00 38.00 Points [+]
Corruption Rank 45.00 51.00 52.00 27.00 [+]


South Korea Business Confidence

In South Korea, the Business Survey Index (BSI) in the manufacturing sector measures the level of optimism that business leaders have about the performance of the economy in the current month and their outlook for the following month. The Index is based on the survey of around 2800 companies in fifteen areas including sales, inventories, production facilities, prices, labor force and profitability. For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The BSI above 100 indicates an improving outlook and below 100 a deteriorating outlook. This page provides the latest reported value for - South Korea Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Business Confidence - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
73.00 69.00 119.00 35.00 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 0.00 Mar/19
Brazil 61.90 Mar/19
Canada 54.30 Mar/19
China 50.50 Mar/19
Euro Area 0.53 Mar/19
France 102.00 Mar/19
Germany 99.60 Mar/19
India 113.50 Jun/19
Indonesia 104.71 Dec/18
Italy 100.60 Apr/19
Japan 12.00 Mar/19
Mexico 51.50 Mar/19
Netherlands 6.10 Mar/19
Russia -2.00 Mar/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 73.00 Mar/19
Spain -2.30 Mar/19
Switzerland 97.40 Mar/19
Turkey 102.10 Mar/19
United Kingdom -23.00 Mar/19
United States 55.30 Mar/19


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