New Orders in South Korea decreased to 6271827 KRW Million in October from 9327988 KRW Million in September of 2018. New Orders in South Korea averaged 3590013.02 KRW Million from 1979 until 2018, reaching an all time high of 14895263 KRW Million in May of 2007 and a record low of 93961 KRW Million in September of 1980.

New Orders in South Korea is expected to be 7450000.00 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 8250000.00 in 12 months time. In the long-term, the South Korea New Orders is projected to trend around 7860000.00 KRW Million in 2020, according to our econometric models.

South Korea New Orders
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Forecast Data Chart
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South Korea Business Last Previous Highest Lowest Unit
Business Confidence 73.00 71.00 119.00 35.00 Index Points [+]
Manufacturing PMI 48.60 51.00 52.60 45.70 [+]
Industrial Production 10.70 -8.40 39.40 -25.40 percent [+]
Industrial Production Mom 1.00 -2.70 10.50 -10.70 percent [+]
Manufacturing Production 11.10 -8.90 40.80 -26.60 percent [+]
Capacity Utilization 102.60 102.50 104.60 3.80 Index Points [+]
New Orders 6271827.00 9327988.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -1354.20 179.10 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 39.00 41.00 3377.00 26.00 Companies [+]
Car Registrations 135685.00 131112.00 155971.00 49944.00 [+]
Leading Economic Index 113.40 113.40 113.40 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 [+]
Mining Production -16.00 -13.80 43.10 -36.00 percent [+]
Steel Production 6185.46 5853.02 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 23078.28 23308.81 24724.60 13859.99 Gigawatt-hour [+]
Car Production 4114913.00 4228509.00 4657094.00 1954494.00 [+]
Coincident Index 109.20 109.20 109.20 4.30 Index Points [+]
Competitiveness Index 78.84 78.03 78.84 4.93 Points [+]
Competitiveness Rank 15.00 17.00 26.00 11.00 [+]
Corruption Index 54.00 53.00 56.00 38.00 Points [+]
Corruption Rank 51.00 52.00 52.00 27.00 [+]


South Korea New Orders

In South Korea, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product. This page provides - South Korea New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea New Orders - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6271827.00 9327988.00 14895263.00 93961.00 1979 - 2018 KRW Million Monthly
Current Prices, NSA




Country Last Previous
Australia 34.00 Dec/18
Canada 58830069.00 Sep/18
China 50.40 Nov/18
France -12.10 Nov/18
Germany 107.60 Oct/18
Italy 113.90 Oct/18
Japan 1086.17 Oct/18
South Korea 6271827.00 Oct/18
United Kingdom 11075.00 Sep/18
United States 502677.00 Oct/18


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