Construction Orders in South Korea decreased to 5862403 KRW Million in October 2024 from 7348190 KRW Million in September 2024. Construction Orders in South Korea averaged 2728532.03 KRW Million from 1976 until 2026, reaching an all time high of 17885995.00 KRW Million in December of 2025 and a record low of 23.00 KRW Million in January of 1977. source: Statistics Korea



Related Last Previous Unit Reference
Building Permits 9244.00 8868.00 Units Sep 2026
Construction Orders 7790649.00 7094706.00 KRW Million Aug 2026
Construction Output YoY -1.60 1.50 percent Sep 2026
Home Ownership Rate 56.90 56.40 percent Dec 2024
House Price Index MoM 0.30 0.30 percent Sep 2026
Housing Index 102.19 101.85 points Sep 2026
Housing Starts 16046.00 18013.00 units Sep 2026
Price to Rent Ratio 103.53 103.12 points Jun 2026
Residential Property Prices 2.47 1.76 Percent Jun 2026


South Korea Construction Orders
In South Korea, data refer to the value of construction orders received for dwellings building activity at current prices.
Actual Previous Highest Lowest Dates Unit Frequency
7790649.00 7094706.00 17885995.00 23.00 1976 - 2026 KRW Million Monthly
Current Prices, NSA