South Korea's Business Survey Index for the manufacturing sector stood at 71 in March, down from 72 in February. Production rose to 88 from 85, new orders increased to 84 from 81, inventories moved to 101 from 100, and the financial situation moved to 79 from 80. Meanwhile, the Economic Sentiment Index, which combines the BSI and the Consumer Survey Index, fell to 94.0 in March, down 4.8 points from February, reflecting a decrease in overall economic confidence. source: The Bank of Korea

Business Confidence in South Korea decreased to 71 points in March from 72 points in February of 2026. Business Confidence in South Korea averaged 78.95 points from 1991 until 2026, reaching an all time high of 119.00 points in December of 1994 and a record low of 35.00 points in March of 1998. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Business Confidence in South Korea decreased to 71 points in March from 72 points in February of 2026. Business Confidence in South Korea is expected to be 68.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Business Confidence is projected to trend around 75.00 points in 2027 and 80.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-24 09:00 PM
Business Confidence
Feb 72 73 75
2026-03-26 09:00 PM
Business Confidence
Mar 71 72 68
2026-04-27 09:00 PM
Business Confidence
Apr 71 69


Related Last Previous Unit Reference
Business Confidence 71.00 72.00 points Mar 2026
Capacity Utilization 104.70 105.70 points Jan 2026
Car Production 278128.00 360500.00 Units Feb 2026
Car Registrations 123289.00 120787.00 Units Feb 2026
Changes in Inventories 2945.00 1685.00 KRW Billion Dec 2025
Coincident Index 114.60 114.50 points Jan 2026
Composite Leading Indicator 102.15 101.89 points Feb 2026
Corruption Index 63.00 64.00 Points Dec 2025
Corruption Rank 31.00 30.00 Dec 2025
Electricity Production 23305.51 22501.10 Gigawatt-hour Jan 2026
Industrial Production YoY -2.20 6.80 percent Feb 2026
Industrial Production MoM 5.40 -2.40 percent Feb 2026
Leading Economic Index 124.20 123.10 points Jan 2026
Manufacturing Production YoY 7.20 1.40 percent Jan 2026
Mining Production -1.90 0.10 percent Jan 2026
New Orders 13971611.00 13968822.00 KRW Million Jan 2026
Steel Production 4800.00 5600.00 Thousand Tonnes Feb 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
71.00 72.00 119.00 35.00 1991 - 2026 points Monthly
NSA

News Stream
South Korea Business Sentiment Deteriorates in March
South Korea's Business Survey Index for the manufacturing sector stood at 71 in March, down from 72 in February. Production rose to 88 from 85, new orders increased to 84 from 81, inventories moved to 101 from 100, and the financial situation moved to 79 from 80. Meanwhile, the Economic Sentiment Index, which combines the BSI and the Consumer Survey Index, fell to 94.0 in March, down 4.8 points from February, reflecting a decrease in overall economic confidence.
2026-03-26
South Korea Business Confidence Eases
South Korea's Business Survey Index for the manufacturing sector stood at 72 in February, down from 73 in January. Production fell to 85 from 87, new orders decreased to 81 from 83, inventories dropped to 100 from 102, and the financial situation moved to 80 from 81. Meanwhile, the Economic Sentiment Index, which combines the BSI and the Consumer Survey Index, rose to 98.8 in February, up 4.8 points from January, reflecting a modest improvement in overall economic confidence.
2026-02-24
South Korea Business Sentiment Rebounds Further in January
South Korea's Business Survey Index for the manufacturing sector stood at 73 in January, up from 70 in December. Production rose to 87 from 82, new orders increased to 83 from 78, inventories remained unchanged at 102, and the financial situation held steady at 81. Meanwhile, the Economic Sentiment Index, which combines the BSI and the Consumer Survey Index, rose to 94.0 in January, up 0.5 points from December, reflecting a modest improvement in overall economic confidence.
2026-01-26