South Korea Leading Economic Index - Forecast

Leading Economic Index in South Korea is expected to be 112.80 Index 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 113.50 in 12 months time. In the long-term, the South Korea Leading Economic Index is projected to trend around 114.50 Index Points 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 103 102 103 103 104 105
New Orders 8188806 7054000 4400000 4923000 5100000 5110000
Changes in Inventories 179 1477 1085 2102 2252 3030
Bankruptcies 29 36.5 48 31.7 37.8 58
Car Registrations 124289 126051 112400 139200 141000 151000
Leading Economic Index 113 113 113 113 114 114
Internet Speed 28554 27602 27646 27643 27662 27650
IP Addresses 25814048 25832626 25854401 25856443 25884415 25872530
Mining Production -20.7 -3.7 2.8 -3.1 -2.9 4.7
Steel Production 6177 5971 6220 6032 6042 6410
Ease of Doing Business 4 4 4 5 5 3
Electricity Production 23047 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 5.1 5.2 5.2 5.1 5.3
Competitiveness Rank 26 26 26 25 25 24
Corruption Index 54 54 54 53 53 55
Corruption Rank 51 48 48 45 45 38