South Korea Manufacturing Production - Forecast

Manufacturing Production in South Korea is expected to be 3.70 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 1.80 in 12 months time. In the long-term, the South Korea Manufacturing Production is projected to trend around 1.10 percent in 2020, according to our econometric models.


South Korea Manufacturing Production
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South Korea Business Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 81 82 83 81.61 82 83
Manufacturing PMI 49.9 50.2 49.8 49.5 50.8 50.9
Industrial Production -1.6 3.8 3.1 3.34 4.6 2.5
Industrial Production Mom 0.2 0.62 0.1 0.61 1.2 1.7
Manufacturing Production -1.8 3.7 1.9 3.41 1.8 1.1
Capacity Utilization 114 114 114 114 114 114
New Orders 5926242 5994188 5740375 5533125 4400000 5110000
Changes in Inventories -2401 870 1806 1825 1085 5030
Bankruptcies 33 41 45 242 48 58
Car Registrations 113475 145424 164434 113682 145000 155000
Leading Economic Index 134 135 133 135 136 146
Internet Speed 28554 25646 25086 24597 24186 21539
IP Addresses 25814048 25467875 25265363 25103683 24953949 23913005
Steel Production 5650 6200 5730 5820 6220 6410
Mining Production 4.83 2.8 -1.5 -1.7 2.75 4.7
Cement Production 5825 5700 6400 4533 6280 6540
Coincident Index 127 127 127 127 127 126
Competitiveness Index 5.07 5.05 5.05 5.05 5.1 5.3
Competitiveness Rank 26 24 24 24 24 21
Corruption Index 53 63 63 54 63 68
Corruption Rank 52 33 33 50 33 30
Ease of Doing Business 4 5 4 6 4 3
Electricity Production 23354 22961 23878 22839 23000 24300