South Korea Industrial Production - Forecast

Industrial Production in South Korea is expected to be -2.10 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 2.10 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 Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 73 77.1 75 77 79.2 83
Manufacturing PMI 49.9 49.5 50.8 51 51.1 50.9
Industrial Production 0.9 -2.1 4.6 0.1 2.1 2.5
Industrial Production Mom 0.4 1.4 1.2 1.9 -1.5 1.7
Manufacturing Production 0.8 -0.1 1.8 -1.5 -0.1 1.1
Capacity Utilization 103 103 103 103 104 105
New Orders 8188806 8150000 7450000 8210000 7670000 7860000
Changes in Inventories 179 1400 1080 2100 2250 3030
Bankruptcies 26 36.5 41.1 39.9 37.8 27
Car Registrations 124289 126000 112400 125000 134000 141000
Leading Economic Index 113 114 114 115 115 119
Internet Speed 28554 28500 27600 27200 26900 28000
IP Addresses 25814048 28000000 28400000 28900000 29300000 32800000
Mining Production -20.7 -3.7 2.8 -3.1 -5.9 4.7
Steel Production 6177 6200 6220 6030 6090 6410
Ease of Doing Business 4 5 5 4 4 3
Electricity Production 24056 23640 23000 23625 23300 24300
Car Production 4114913 4000000 4000000 4150000 4150000 4250000
Coincident Index 109 109 110 110 110 111
Competitiveness Index 5.07 5.07 5.07 5.11 5.11 5.15
Competitiveness Rank 26 26 26 25 25 25
Corruption Index 54 54 54 53 53 55
Corruption Rank 51 48 48 45 45 38