Manufacturing Production in South Korea increased 7.60 percent in July of 2021 over the same month in the previous year. source: Statistics Korea

Manufacturing Production in South Korea averaged 8.61 percent from 1976 until 2021, reaching an all time high of 41.60 percent in July of 1976 and a record low of -26.70 percent in January of 2009. This page provides - South Korea Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Manufacturing Production in South Korea is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Manufacturing Production is projected to trend around 2.50 percent in 2022 and 1.50 percent in 2023, according to our econometric models.

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South Korea Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
7.60 11.80 41.60 -26.70 1976 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-30 11:00 PM Apr 13% 4.5% 15%
2021-06-29 11:00 PM May 16% 13.2% 21%
2021-07-29 11:00 PM Jun 12.1% 15.3% 12%
2021-08-30 11:00 PM Jul 7.6% 11.8% 7.4%
2021-09-29 11:00 PM Aug 7.6% 4.8%
2021-10-28 11:00 PM Sep
2021-11-29 11:00 PM Oct
2021-12-29 11:00 PM Nov

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 95.00 97.00 119.00 35.00 points [+]
Manufacturing PMI 51.20 53.00 55.30 41.30 points [+]
Industrial Production 7.90 11.50 38.90 -25.30 percent [+]
Industrial Production Mom 0.40 2.30 11.00 -11.10 percent [+]
Manufacturing Production 7.60 11.80 41.60 -26.70 percent [+]
Capacity Utilization 104.70 105.00 106.10 3.80 points [+]
New Orders 10567314.00 11778524.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 2524.00 1266.40 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 11.00 10.00 3377.00 8.00 Companies [+]
Car Registrations 107072.00 133162.00 205595.00 49944.00 [+]
Leading Economic Index 127.90 127.20 127.90 4.40 points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Mining Production 7.50 -4.00 43.10 -36.00 percent [+]
Steel Production 6100.00 6100.00 6405.68 650.00 Thousand Tonnes [+]
Coincident Index 117.00 116.90 117.00 4.30 points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Car Production 3506774.00 3950617.00 4657094.00 1954494.00 [+]
Corruption Index 61.00 59.00 61.00 38.00 Points [+]
Corruption Rank 33.00 39.00 52.00 27.00 [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 22978.09 22962.68 25106.16 13859.99 Gigawatt-hour [+]


South Korea Manufacturing Production
Manufacturing accounts for as much as a third of South Korea’s GDP and is dominated by the conglomerates known as chaebols.