New Orders in South Korea decreased to 6276359 KRW Million in January from 8787486 KRW Million in December of 2018. New Orders in South Korea averaged 3612302.48 KRW Million from 1979 until 2019, reaching an all time high of 14895263 KRW Million in May of 2007 and a record low of 93961 KRW Million in September of 1980.

New Orders in South Korea is expected to be 8210000.00 KRW Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Orders in South Korea to stand at 7710000.00 in 12 months time. In the long-term, the South Korea New Orders is projected to trend around 7860000.00 KRW Million in 2020, according to our econometric models.

South Korea New Orders
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Forecast Data Chart
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South Korea Business Last Previous Highest Lowest Unit
Business Confidence 69.00 67.00 119.00 35.00 Index Points [+]
Manufacturing PMI 47.20 48.30 52.60 45.70 [+]
Industrial Production 0.10 0.70 39.40 -25.40 percent [+]
Industrial Production Mom 0.50 -0.80 10.50 -10.80 percent [+]
Manufacturing Production 0.20 1.20 40.80 -26.60 percent [+]
Capacity Utilization 103.10 102.70 104.60 3.80 Index Points [+]
New Orders 6276359.00 8787486.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 1731.70 -1354.20 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 48.00 39.00 3377.00 26.00 Companies [+]
Car Registrations 98129.00 135108.00 155971.00 49944.00 [+]
Leading Economic Index 113.40 113.70 113.70 4.40 Index Points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Steel Production 6210.58 6162.32 6405.68 650.00 Thousand Tonnes [+]
Mining Production 6.50 5.60 43.10 -36.00 percent [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 25106.16 24400.07 25106.16 13859.99 Gigawatt-hour [+]
Car Production 4114913.00 4228509.00 4657094.00 1954494.00 [+]
Coincident Index 110.00 109.50 110.00 4.30 Index Points [+]
Competitiveness Index 78.84 78.03 78.84 4.93 Points [+]
Competitiveness Rank 15.00 17.00 26.00 11.00 [+]
Corruption Index 57.00 54.00 57.00 38.00 Points [+]
Corruption Rank 45.00 51.00 52.00 27.00 [+]


South Korea New Orders

In South Korea, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product. This page provides - South Korea New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea New Orders - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6276359.00 8787486.00 14895263.00 93961.00 1979 - 2019 KRW Million Monthly
Current Prices, NSA




Country Last Previous
Australia 34.00 Dec/18
Canada 55999983.00 Jan/19
China 50.60 Feb/19
France -12.60 Feb/19
Germany 105.50 Jan/19
Italy 109.60 Jan/19
Japan 1060.92 Jan/19
South Korea 6276359.00 Jan/19
United Kingdom 10747.00 Dec/18
United States 499876.00 Dec/18


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