Manufacturing Production in South Korea increased 16 percent in May 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 July of 2021.

Manufacturing Production in South Korea is expected to be 6.50 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 2.50 in 12 months time. 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
16.00 13.20 41.60 -26.70 1976 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-30 11:00 PM Feb 1.0% 7.7% 2.5%
2021-04-29 11:00 PM Mar 4.7% 1.0% 3.5%
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 16% 12%
2021-08-30 11:00 PM Jul
2021-09-29 11:00 PM Aug
2021-10-28 11:00 PM Sep
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 98.00 96.00 119.00 35.00 points [+]
Manufacturing PMI 53.90 53.70 55.30 41.30 points [+]
Industrial Production 15.60 12.60 38.90 -25.30 percent [+]
Industrial Production Mom -0.70 -1.60 11.00 -11.10 percent [+]
Manufacturing Production 16.00 13.20 41.60 -26.70 percent [+]
Capacity Utilization 104.80 105.10 106.10 3.80 points [+]
New Orders 9070717.00 8707479.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 467.90 153.00 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 23.00 16.00 3377.00 8.00 Companies [+]
Car Registrations 141626.00 125819.00 205595.00 49944.00 [+]
Leading Economic Index 127.20 126.20 127.20 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 6000.00 5900.00 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Car Production 3506774.00 3950617.00 4657094.00 1954494.00 [+]
Coincident Index 116.70 116.40 116.70 4.30 points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Corruption Index 61.00 59.00 61.00 38.00 Points [+]
Corruption Rank 33.00 39.00 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.