Leading Economic Index in South Korea increased to 121.20 points in August from 120.10 points in July of 2020. source: Statistics Korea (KOSTAT)

Leading Economic Index in South Korea averaged 48.05 points from 1970 until 2021, reaching an all time high of 124.80 points in December of 2020 and a record low of 4.40 points in January of 1970. This page provides - South Korea Leading Economic Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Leading Economic Index - values, historical data and charts - was last updated on April of 2021.

Leading Economic Index in South Korea is expected to be 125.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in South Korea to stand at 126.00 in 12 months time. In the long-term, the South Korea Leading Economic Index is projected to trend around 128.00 points in 2022 and 130.00 points in 2023, according to our econometric models.

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South Korea Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
124.70 124.20 124.80 4.40 1970 - 2021 points Monthly
2015=100

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 89.00 82.00 119.00 35.00 points [+]
Manufacturing PMI 55.30 55.30 55.30 41.30 points [+]
Industrial Production 0.90 7.80 38.90 -25.30 percent [+]
Industrial Production Mom 4.30 -1.20 11.00 -11.10 percent [+]
Manufacturing Production 1.00 7.40 41.60 -26.70 percent [+]
Capacity Utilization 104.80 104.90 106.10 3.80 points [+]
New Orders 8756127.00 6710708.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 153.00 1080.90 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 25.00 8.00 3377.00 8.00 Companies [+]
Car Registrations 141236.00 107280.00 205595.00 49944.00 [+]
Leading Economic Index 124.70 124.20 124.80 4.40 points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Mining Production -10.50 -1.00 43.10 -36.00 percent [+]
Steel Production 5500.00 6000.00 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 24494.72 23710.08 25106.16 13859.99 Gigawatt-hour [+]
Car Production 3950617.00 4028834.00 4657094.00 1954494.00 [+]
Coincident Index 114.30 114.00 114.30 4.30 points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Corruption Index 61.00 59.00 61.00 38.00 Points [+]
Corruption Rank 33.00 39.00 52.00 27.00 [+]


South Korea Leading Economic Index
In South Korea, Leading Composite Index examines the overall economic situation, predicting the direction and speed of a turning point in the economy. The index integrates a set of selected major indices that reflect each part of economy: opening-to-application ratio, inventory circulation indicator, consumer expectation index, machinery orders received, import of capital goods, construction orders received, stock price index, total liquidity, interest rate spread, 3-year treasury bonds less call rate, net barter terms of trade. The index has a base value of 100 as of 2010.