Business Confidence in South Korea increased to 73 Index Points in November from 71 Index Points in October of 2018. Business Confidence in South Korea averaged 80.75 Index Points from 1991 until 2018, 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 79.80 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
2018-08-29 10:00 PM Business Confidence 73 74 76
2018-10-01 10:00 PM Business Confidence 73 73 77.1
2018-10-29 09:00 PM Business Confidence 71 73 72
2018-11-27 09:00 PM Business Confidence 73 71 74
2018-12-27 09:00 PM Business Confidence 73 75
2019-01-29 10:45 PM Business Confidence
2019-02-27 09:00 PM Business Confidence


South Korea Business Last Previous Highest Lowest Unit
Business Confidence 73.00 71.00 119.00 35.00 Index Points [+]
Manufacturing PMI 48.60 51.00 52.60 45.70 [+]
Industrial Production 10.70 -8.40 39.40 -25.40 percent [+]
Industrial Production Mom 1.00 -2.70 10.50 -10.70 percent [+]
Manufacturing Production 11.10 -8.90 40.80 -26.60 percent [+]
Capacity Utilization 102.60 102.50 104.60 3.80 Index Points [+]
New Orders 6271827.00 9327988.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -1354.20 179.10 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 39.00 41.00 3377.00 26.00 Companies [+]
Car Registrations 131112.00 110234.00 155971.00 49944.00 [+]
Leading Economic Index 113.40 113.40 113.40 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 [+]
Mining Production -16.00 -13.80 43.10 -36.00 percent [+]
Steel Production 6185.46 5853.02 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 23308.81 24472.51 24724.60 13859.99 Gigawatt-hour [+]
Car Production 4114913.00 4228509.00 4657094.00 1954494.00 [+]
Coincident Index 109.20 109.20 109.20 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 54.00 53.00 56.00 38.00 Points [+]
Corruption Rank 51.00 52.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
73.00 71.00 119.00 35.00 1991 - 2018 Index Points Monthly
NSA




Country Last Previous
Australia 3.00 Nov/18
Brazil 63.20 Nov/18
Canada 57.20 Nov/18
China 50.00 Nov/18
Euro Area 1.09 Nov/18
France 105.00 Nov/18
Germany 102.00 Nov/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.40 Nov/18
Japan 19.00 Sep/18
Mexico 49.90 Nov/18
Netherlands 7.20 Nov/18
Russia -6.00 Nov/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 31.00 Dec/18
South Korea 73.00 Nov/18
Spain -0.20 Nov/18
Switzerland 99.10 Nov/18
Turkey 92.80 Nov/18
United Kingdom -16.00 Dec/18
United States 59.30 Nov/18


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