Bankruptcies in South Korea decreased to 18 Companies in August from 26 Companies in July of 2020.

Bankruptcies in South Korea averaged 439.82 Companies from 1990 until 2020, reaching an all time high of 3377 Companies in February of 1998 and a record low of 15 Companies in January of 2020. This page provides - South Korea Bankruptcies - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Bankruptcies - values, historical data and charts - was last updated on September of 2020. source: The Bank of Korea

Bankruptcies in South Korea is expected to be 40.00 Companies by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bankruptcies in South Korea to stand at 27.00 in 12 months time. In the long-term, the South Korea Bankruptcies is projected to trend around 27.00 Companies in 2021, according to our econometric models.

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South Korea Bankruptcies

Actual Previous Highest Lowest Dates Unit Frequency
18.00 26.00 3377.00 15.00 1990 - 2020 Companies Monthly
Volume, NSA

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 66.00 57.00 119.00 35.00 points [+]
Manufacturing PMI 48.50 46.90 52.60 41.30 points [+]
Industrial Production -2.50 -0.50 39.40 -25.40 percent [+]
Industrial Production Mom 1.60 7.20 10.50 -10.60 percent [+]
Manufacturing Production -2.40 -0.40 40.80 -26.60 percent [+]
Capacity Utilization 103.70 103.80 104.60 3.80 points [+]
New Orders 7001294.00 6920089.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 5775.40 5309.20 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 18.00 26.00 3377.00 15.00 Companies [+]
Car Registrations 111629.00 147416.00 205595.00 49944.00 [+]
Leading Economic Index 120.10 119.20 120.10 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 -6.80 5.60 26.40 -30.60 percent [+]
Steel Production 5526.12 5096.51 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 22356.12 21155.37 25106.16 13859.99 Gigawatt-hour [+]
Car Production 3950617.00 4028834.00 4657094.00 1954494.00 [+]
Coincident Index 111.00 110.60 113.80 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 59.00 57.00 59.00 38.00 Points [+]
Corruption Rank 39.00 45.00 52.00 27.00 [+]


South Korea Bankruptcies
In South Korea, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business.