Bankruptcies in South Korea increased to 27 Companies in December from 21 Companies in November of 2020. source: The Bank of Korea

Bankruptcies in South Korea averaged 435.40 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 March of 2021.

Bankruptcies in South Korea is expected to be 27.00 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 2022, according to our econometric models.

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South Korea Bankruptcies

Actual Previous Highest Lowest Dates Unit Frequency
27.00 21.00 3377.00 15.00 1990 - 2020 Companies Monthly
Volume, NSA

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 82.00 85.00 119.00 35.00 points [+]
Manufacturing PMI 55.30 53.20 55.30 41.30 points [+]
Industrial Production 7.50 2.50 38.90 -25.30 percent [+]
Industrial Production Mom -1.60 2.70 11.00 -11.10 percent [+]
Manufacturing Production 7.40 2.40 41.60 -26.70 percent [+]
Capacity Utilization 106.10 104.50 106.10 3.80 points [+]
New Orders 11710034.00 6662514.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 153.00 1080.90 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 27.00 21.00 3377.00 15.00 Companies [+]
Car Registrations 131803.00 138356.00 205595.00 49944.00 [+]
Leading Economic Index 124.80 124.00 124.80 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 -10.50 -1.00 43.10 -36.00 percent [+]
Steel Production 6000.00 5951.82 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 23710.08 22420.50 25106.16 13859.99 Gigawatt-hour [+]
Car Production 3950617.00 4028834.00 4657094.00 1954494.00 [+]
Coincident Index 114.00 113.70 114.00 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 Bankruptcies
In South Korea, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business.