Manufacturing Production in South Korea increased 7.40 percent in January of 2021 over the same month in the previous year. source: Statistics Korea

Manufacturing Production in South Korea averaged 8.61 percent from 1976 until 2021, reaching an all time high of 41.60 percent in July of 1976 and a record low of -26.70 percent in January of 2009. This page provides - South Korea Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Manufacturing Production in South Korea is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in South Korea to stand at 1.50 in 12 months time. In the long-term, the South Korea Manufacturing Production is projected to trend around 1.50 percent in 2022, according to our econometric models.

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South Korea Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
7.40 2.40 41.60 -26.70 1976 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-29 11:00 PM Oct -2.2% 8.3% 7.5%
2020-12-29 11:00 PM Nov 0.7% -2.0% -2.5%
2021-01-28 11:00 PM Dec 3.4% 0.6% -2.5%
2021-03-01 11:00 PM Jan 7.4% 2.4% 5.5%
2021-03-30 11:00 PM Feb 7.4%
2021-04-29 11:00 PM Mar
2021-05-30 11:00 PM Apr
2021-06-29 11:00 PM May

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 82.00 85.00 119.00 35.00 points [+]
Manufacturing PMI 55.30 53.20 55.30 41.30 points [+]
Industrial Production 7.50 2.50 38.90 -25.30 percent [+]
Industrial Production Mom -1.60 2.70 11.00 -11.10 percent [+]
Manufacturing Production 7.40 2.40 41.60 -26.70 percent [+]
Capacity Utilization 106.10 104.50 106.10 3.80 points [+]
New Orders 11710034.00 6662514.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 153.00 1080.90 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 27.00 21.00 3377.00 15.00 Companies [+]
Car Registrations 131803.00 138356.00 205595.00 49944.00 [+]
Leading Economic Index 124.80 124.00 124.80 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 6000.00 5951.82 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 23710.08 22420.50 25106.16 13859.99 Gigawatt-hour [+]
Car Production 3950617.00 4028834.00 4657094.00 1954494.00 [+]
Coincident Index 114.00 113.70 114.00 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 Manufacturing Production
Manufacturing accounts for as much as a third of South Korea’s GDP and is dominated by the conglomerates known as chaebols.