The Business Survey Index (BSI) on business conditions in the manufacturing sector in South Korea went down 2 points to 95 in August of 2021 from 97 in the previous month. Meantime, the index measuring the outlook for September rose by 4 points to 96. In the non-manufacturing sector, the BSI on business conditions went up 2 points to 81 and that for the outlook for the following month also increased by 3 points to 81. The economic sentiment index, a composite of the Business Survey Index and the Consumer Survey Index climbed 1.4 points from the prior month to 105.3 in August. source: The Bank of Korea
Business Confidence in South Korea averaged 79.95 points from 1991 until 2021, reaching an all time high of 119 points in December of 1994 and a record low of 35 points in March of 1998. This page provides the latest reported value for - South Korea Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Business Confidence in South Korea is expected to be 89.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Business Confidence is projected to trend around 80.00 points in 2022, according to our econometric models.