Bankruptcies in South Korea decreased to 25 Companies in November from 33 Companies in October of 2019. Bankruptcies in South Korea averaged 450.27 Companies from 1990 until 2019, reaching an all time high of 3377 Companies in February of 1998 and a record low of 22 Companies in September of 2019. source: The Bank of Korea
Bankruptcies in South Korea is expected to be 42.00 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 40.00 in 12 months time. In the long-term, the South Korea Bankruptcies is projected to trend around 27.00 Companies in 2020, according to our econometric models.