South Korea Car Production - Forecast

Car Production in South Korea is expected to be 4000000.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Car Production is projected to trend around 4250000.00 in 2020, according to our econometric models.


Forecast Data Chart
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South Korea Business Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Business Confidence 73 75 77 79.2 79.8 83
Manufacturing PMI 51.3 50.8 51 51.1 51.3 50.9
Industrial Production 2.5 4.6 0.1 2.1 -1.3 2.5
Industrial Production Mom 1.4 1.2 1.9 -1.5 2.2 1.7
Manufacturing Production 2 1.8 -1.5 -0.1 0.5 1.1
Capacity Utilization 102 103 103 104 104 105
New Orders 5845174 7450000 8210000 7670000 8250000 7860000
Changes in Inventories 179 1080 2100 2250 2300 3030
Bankruptcies 41 41.1 39.9 37.8 31.7 27
Car Registrations 110234 112400 125000 134000 139200 141000
Leading Economic Index 113 114 115 115 116 119
Internet Speed 28554 27600 27200 26900 27300 28000
IP Addresses 25814048 28400000 28900000 29300000 29600000 32800000
Mining Production -13.8 2.8 -3.1 -5.9 -2.8 4.7
Steel Production 6097 6220 6030 6090 6130 6410
Ease of Doing Business 4 5 4 4 4 3
Electricity Production 24473 23000 23625 23300 23600 24300
Car Production 4114913 4000000 4150000 4150000 4150000 4250000
Coincident Index 109 110 110 110 110 111
Competitiveness Index 78.84 5.07 5.07 5.07 5.07 5.07
Competitiveness Rank 15 26 26 26 26 26
Corruption Index 54 54 54 54 54 54
Corruption Rank 51 51 51 51 51 51