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.