Construction Orders in South Korea decreased to 3291342 KRW Million in July from 4410521 KRW Million in June of 2019. Construction Orders in South Korea averaged 1966769.16 KRW Million from 1976 until 2019, reaching an all time high of 10989605 KRW Million in December of 2017 and a record low of 23 KRW Million in January of 1977.

Construction Orders in South Korea is expected to be 4550000.00 KRW Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Orders in South Korea to stand at 4610000.00 in 12 months time. In the long-term, the South Korea Construction Orders is projected to trend around 9000000.00 KRW Million in 2020, according to our econometric models.

South Korea Construction Orders
Forecast Data Chart
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South Korea Housing Last Previous Highest Lowest Unit
Housing Index 99.60 99.50 100.00 33.60 Index points [+]
Home Ownership Rate 57.70 57.70 57.70 53.60 percent [+]
Construction Orders 3291342.00 4410521.00 10989605.00 23.00 KRW Million [+]
Construction Output -6.20 -4.40 25.70 -30.50 percent [+]

South Korea Construction Orders

In South Korea, data refer to the value of construction orders received for dwellings building activity at current prices. This page provides - South Korea Construction Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Construction Orders - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3291342.00 4410521.00 10989605.00 23.00 1976 - 2019 KRW Million Monthly
Current Prices, NSA

Country Last Previous
Germany 4.40 Jun/19
Japan 26.90 Jul/19
South Korea 3291342.00 Jul/19
United Kingdom -4.70 Jun/19