Manufacturing Production in South Korea decreased 3 percent in August of 2019 over the same month in the previous year. Manufacturing Production in South Korea averaged 8.84 percent from 1976 until 2019, 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.

Manufacturing Production in South Korea is expected to be 0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in South Korea to stand at 0.50 in 12 months time. In the long-term, the South Korea Manufacturing Production is projected to trend around 1.50 percent in 2020, according to our econometric models.

South Korea Manufacturing Production
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-28 10:45 PM Manufacturing Production YoY May -0.1% 0.0% -1%
2019-07-30 11:00 PM Manufacturing Production YoY Jun -3.1% -0.1% -2%
2019-08-29 11:00 PM Manufacturing Production YoY Jul 0.8% -2.7% -1.6%
2019-09-29 11:00 PM Manufacturing Production YoY Aug -3% 1% 0.4%
2019-10-30 11:00 PM Manufacturing Production YoY Sep -3% 0.5%
2019-11-28 11:00 PM Manufacturing Production YoY Oct
2019-12-29 11:00 PM Manufacturing Production YoY Nov


South Korea Business Last Previous Highest Lowest Unit
Business Confidence 71.00 68.00 119.00 35.00 Index Points [+]
Manufacturing PMI 48.00 49.00 52.60 45.70 [+]
Industrial Production -2.90 0.60 38.90 -25.30 percent [+]
Industrial Production Mom -1.40 2.80 11.00 -11.00 percent [+]
Manufacturing Production -3.00 1.00 41.60 -26.70 percent [+]
Capacity Utilization 101.30 101.60 104.60 3.80 Index Points [+]
New Orders 5914673.00 6482950.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 7107.20 6511.70 12981.70 -9865.30 KRW Billion [+]
Bankruptcies 25.00 44.00 3377.00 25.00 Companies [+]
Car Registrations 120147.00 114012.00 155971.00 49944.00 [+]
Leading Economic Index 114.90 114.50 114.90 4.40 Index Points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Steel Production 5940.66 6040.85 6405.68 650.00 Thousand Tonnes [+]
Mining Production -2.90 -4.90 43.10 -36.00 percent [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 24255.21 23513.68 25106.16 13859.99 Gigawatt-hour [+]
Car Production 4028834.00 4114913.00 4657094.00 1954494.00 [+]
Coincident Index 111.20 110.70 111.20 4.30 Index Points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Corruption Index 57.00 54.00 57.00 38.00 Points [+]
Corruption Rank 45.00 51.00 52.00 27.00 [+]


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. This page provides - South Korea Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Manufacturing Production - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-3.00 1.00 41.60 -26.70 1976 - 2019 percent Monthly
2015=100, NSA




Country Last Previous
Australia -3.10 Jun/19
Brazil -2.30 Aug/19
Canada -1.15 Jul/19
China 5.60 Sep/19
Euro Area -2.70 Aug/19
France -1.60 Aug/19
Germany -4.00 Aug/19
India -1.20 Aug/19
Italy -1.30 Jul/19
Japan -4.70 Aug/19
Mexico -0.48 Aug/19
Netherlands -0.80 Aug/19
Russia 3.20 Sep/19
Saudi Arabia -10.90 Dec/18
South Korea -3.00 Aug/19
Spain 1.20 Aug/19
Switzerland 5.60 Jun/19
Turkey -2.80 Aug/19
United Kingdom -1.70 Aug/19
United States -0.90 Sep/19


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