The Business Survey Index (BSI) on business conditions in the manufacturing sector in South Korea climbed by 1 point from the previous month to 72 in October 2019, while the outlook for the following month inched down 1 point to 72. After seasonal adjustment, the BSI gained 2 points to 73 and the outlook for the following month edged up 1 points to 74. Business Confidence in South Korea averaged 80.35 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 75.00 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 68.00 in 12 months time. In the long-term, the South Korea Business Confidence is projected to trend around 75.00 Index Points in 2020, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
South Korea Business Confidence
Calendar GMT Actual Previous Consensus TEForecast
2019-07-29 10:00 PM Business Confidence Jul 73 75 77
2019-08-28 09:00 PM Business Confidence Aug 68 73 71
2019-09-30 09:00 PM Business Confidence Sep 71 68 69
2019-10-28 09:00 PM Business Confidence Oct 72 71 73
2019-11-27 09:00 PM Business Confidence Nov 72 73
2019-12-30 09:00 PM Business Confidence Dec 75


South Korea Business Last Previous Highest Lowest Unit
Business Confidence 72.00 71.00 119.00 35.00 Index Points [+]
Manufacturing PMI 48.40 48.00 52.60 45.70 [+]
Industrial Production 0.40 -3.30 38.90 -25.30 percent [+]
Industrial Production Mom 2.00 -1.80 11.00 -11.00 percent [+]
Manufacturing Production 0.20 -3.30 41.60 -26.70 percent [+]
Capacity Utilization 101.40 101.30 104.60 3.80 Index Points [+]
New Orders 7112235.00 5914673.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 4930.50 7107.20 12981.70 -9865.30 KRW Billion [+]
Bankruptcies 22.00 25.00 3377.00 22.00 Companies [+]
Car Registrations 131579.00 120147.00 155971.00 49944.00 [+]
Leading Economic Index 115.40 114.90 115.40 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 5691.31 5940.66 6405.68 650.00 Thousand Tonnes [+]
Mining Production -4.40 0.80 43.10 -36.00 percent [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 24255.21 23513.68 25106.16 13859.99 Gigawatt-hour [+]
Car Production 4028834.00 4114913.00 4657094.00 1954494.00 [+]
Coincident Index 111.40 111.20 111.40 4.30 Index Points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 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 November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
72.00 71.00 119.00 35.00 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 2.00 Oct/19 0
Brazil 59.30 Oct/19 59.4
Canada 48.20 Oct/19 48.7
China 49.30 Oct/19 49.8
Euro Area -0.19 Oct/19 -0.23
France 99.00 Oct/19 102
Germany 94.60 Oct/19 94.6
India 112.80 Sep/19 114
Indonesia 105.33 Sep/19 109
Italy 99.60 Oct/19 99
Japan 5.00 Sep/19 7
Mexico 50.00 Oct/19 50.2
Netherlands 3.60 Oct/19 3.3
Russia -3.00 Oct/19 -2
Saudi Arabia 3.00 Jun/16 -12
Singapore -5.00 Sep/19 -11
South Africa 21.00 Sep/19 28
South Korea 72.00 Oct/19 71
Spain -8.90 Oct/19 -5.3
Switzerland 94.70 Oct/19 93.1
Turkey 100.90 Oct/19 98.8
United Kingdom -44.00 Dec/19 -32
United States 48.30 Oct/19 47.8


Related

Latest