South Korea Business Confidence - Forecast

Business Confidence in South Korea is expected to be 83.00 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 74.05 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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South Korea Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 76 83 74.16 82 74.05 83
Manufacturing PMI 48.9 49.8 49.5 50.8 51 50.9
Industrial Production 0.9 3.1 -1.39 4.6 -1.11 2.5
Industrial Production Mom 3.4 0.1 0.38 1.2 0.36 1.7
Manufacturing Production 0.7 1.9 -1.6 1.8 -1.32 1.1
Capacity Utilization 103 102 102 103 103 105
New Orders 7017025 7083116 6784015 4400000 6622715 5110000
Changes in Inventories 41.4 1351 -2884 1085 -2828 5030
Bankruptcies 50 45 37.53 48 37.67 58
Car Registrations 130577 124434 126051 145000 112498 155000
Leading Economic Index 112 113 112 113 113 114
Internet Speed 28554 27512 27602 27646 27643 27650
IP Addresses 25814048 25842160 25832626 25854401 25856443 25872530
Mining Production -10.3 -1.5 -3.68 2.75 -3.04 4.7
Steel Production 5893 5730 5913 6220 5925 6410
Cement Production 5221 6400 5181 6280 5244 6540
Ease of Doing Business 4 4 4 4 4 3
Electricity Production 23472 23878 23641 23000 23625 24300
Car Production 4114913 4000000 4000000 4000000 4150000 4250000
Coincident Index 109 108 109 108 109 110
Competitiveness Index 5.07 5.05 5.05 5.1 5.08 5.3
Competitiveness Rank 26 26 26 24 26 21
Corruption Index 54 63 54 63 54 68
Corruption Rank 51 33 51 33 51 30