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.