South Korea New Orders - Forecast

New Orders in South Korea is expected to be 7054929.76 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 6750681.47 in 12 months time. In the long-term, the South Korea New Orders is projected to trend around 5110000.00 KRW Million in 2020, according to our econometric models.


South Korea New Orders
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South Korea Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 80 79.79 82 80.39 80.45 83
Manufacturing PMI 49.8 49.5 50.8 51 51.1 50.9
Industrial Production 0.9 -0.03 4.6 0.08 0.03 2.5
Industrial Production Mom 1.1 0.37 1.2 0.37 0.37 1.7
Manufacturing Production 0.8 -0.11 1.8 0 -0.05 1.1
Capacity Utilization 102 102 103 103 104 105
New Orders 8100104 7054930 4400000 6790348 6750681 5110000
Changes in Inventories 41.4 1477 1085 2102 2252 5030
Bankruptcies 39 36.57 48 38.1 37.83 58
Car Registrations 130625 126051 145000 112498 121072 155000
Leading Economic Index 113 112 113 113 114 114
Internet Speed 28554 27602 27646 27643 27662 27650
IP Addresses 25814048 25832626 25854401 25856443 25884415 25872530
Mining Production -10.3 -3.75 2.75 -3.07 -2.94 4.7
Steel Production 6227 5971 6220 6032 6042 6410
Cement Production 5221 5169 6280 5189 5212 6540
Ease of Doing Business 4 5 4 7 7 3
Electricity Production 23472 23641 23000 23625 23301 24300
Car Production 4114913 4000000 4000000 4150000 4150000 4250000
Coincident Index 109 109 108 109 109 110
Competitiveness Index 5.07 5.06 5.1 5.07 5.07 5.3
Competitiveness Rank 26 25 24 25 25 21
Corruption Index 54 54 63 54 54 68
Corruption Rank 51 48 33 46 45 30