Industrial Production in South Korea is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in South Korea to stand at -1.30 in 12 months time. In the long-term, the South Korea Industrial Production is projected to trend around 2.50 percent in 2020, according to our econometric models.


Forecast Data Chart
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South Korea Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence 71 75 77 79.2 79.8 83
Manufacturing PMI 51 50.8 51 51.1 51.3 50.9
Industrial Production -8.4 4.6 0.1 2.1 -1.3 2.5
Industrial Production Mom -2.5 1.2 1.9 -1.5 2.2 1.7
Manufacturing Production -8.9 1.8 -1.5 -0.1 0.5 1.1
Capacity Utilization 102 103 103 104 104 105
New Orders 9327988 7450000 8210000 7670000 8250000 7860000
Changes in Inventories -1354 1080 2100 2250 2300 3030
Bankruptcies 39 41.1 39.9 37.8 31.7 27
Car Registrations 131112 112400 125000 134000 139200 141000
Leading Economic Index 113 114 115 115 116 119
Internet Speed 28554 27600 27200 26900 27300 28000
IP Addresses 25814048 28400000 28900000 29300000 29600000 32800000
Mining Production -13.8 2.8 -3.1 -5.9 -2.8 4.7
Steel Production 5853 6220 6030 6090 6130 6410
Ease of Doing Business 5 5 4 4 4 3
Electricity Production 23309 23000 23625 23300 23600 24300
Car Production 4114913 4000000 4150000 4150000 4150000 4250000
Coincident Index 109 110 110 110 110 111
Competitiveness Index 78.84 79.34 79.34 79.34 79.34 81.84
Competitiveness Rank 15 15 15 15 15 15
Corruption Index 54 54 54 54 54 54
Corruption Rank 51 51 51 51 51 51