Car Registrations in South Korea decreased to 131803 in January from 138356 in December of 2020. source: Ministry of Land, Transport, Maritime Affairs, South Korea

Car Registrations in South Korea averaged 105647.76 from 2001 until 2021, reaching an all time high of 205595 in February of 2020 and a record low of 49944 in December of 2003. This page provides the latest reported value for - South Korea New Car Registrations - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea New Car Registrations - values, historical data and charts - was last updated on February of 2021.

Car Registrations in South Korea is expected to be 130000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Registrations in South Korea to stand at 175000.00 in 12 months time. In the long-term, the South Korea New Car Registrations is projected to trend around 190500.00 in 2022, according to our econometric models.

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South Korea New Car Registrations

Actual Previous Highest Lowest Dates Unit Frequency
131803.00 138356.00 205595.00 49944.00 2001 - 2021 Monthly
Volume, NSA

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 82.00 85.00 119.00 35.00 points [+]
Manufacturing PMI 53.20 52.90 53.20 41.30 points [+]
Industrial Production 3.40 0.50 39.40 -25.40 percent [+]
Industrial Production Mom 3.70 0.30 10.50 -10.60 percent [+]
Manufacturing Production 3.40 0.70 40.80 -26.60 percent [+]
Capacity Utilization 106.10 104.50 106.10 3.80 points [+]
New Orders 11710034.00 6662514.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 153.00 1080.90 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 27.00 21.00 3377.00 15.00 Companies [+]
Car Registrations 131803.00 138356.00 205595.00 49944.00 [+]
Leading Economic Index 124.80 124.00 124.80 4.40 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 -3.00 -2.40 26.40 -30.60 percent [+]
Steel Production 5951.82 5759.90 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 23710.08 22420.50 25106.16 13859.99 Gigawatt-hour [+]
Car Production 3950617.00 4028834.00 4657094.00 1954494.00 [+]
Coincident Index 114.00 113.70 114.00 4.30 points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Corruption Index 61.00 59.00 61.00 38.00 Points [+]
Corruption Rank 33.00 39.00 52.00 27.00 [+]