Business Confidence in South Korea decreased to 67 Index Points in January from 71 Index Points in December of 2018. Business Confidence in South Korea averaged 80.65 Index Points from 1991 until 2019, reaching an all time high of 119 Index Points in December of 1994 and a record low of 35 Index Points in March of 1998.

Business Confidence in South Korea is expected to be 77.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in South Korea to stand at 82.00 in 12 months time. In the long-term, the South Korea Business Confidence is projected to trend around 83.00 Index Points in 2020, according to our econometric models.

South Korea Business Confidence
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-29 09:00 PM Business Confidence 71 73 72
2018-11-27 09:00 PM Business Confidence 73 71 74
2018-12-27 09:00 PM Business Confidence 71 73 71
2019-01-29 09:00 PM Business Confidence 67 71 70
2019-02-26 09:00 PM Business Confidence 67 68
2019-03-27 09:00 PM Business Confidence 77
2019-04-29 11:00 PM Business Confidence


South Korea Business Last Previous Highest Lowest Unit
Business Confidence 67.00 71.00 119.00 35.00 Index Points [+]
Manufacturing PMI 48.30 49.80 52.60 45.70 [+]
Industrial Production 1.60 1.10 39.40 -25.40 percent [+]
Industrial Production Mom -1.40 -1.60 10.50 -10.70 percent [+]
Manufacturing Production 2.00 1.30 40.80 -26.60 percent [+]
Capacity Utilization 102.70 102.50 104.60 3.80 Index Points [+]
New Orders 8787486.00 6427427.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 1731.70 -1354.20 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 39.00 47.00 3377.00 26.00 Companies [+]
Car Registrations 135108.00 118994.00 155971.00 49944.00 [+]
Leading Economic Index 113.70 113.50 113.70 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 [+]
Steel Production 6162.32 5928.09 6405.68 650.00 Thousand Tonnes [+]
Mining Production 6.50 5.60 43.10 -36.00 percent [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 24400.07 23615.32 24724.60 13859.99 Gigawatt-hour [+]
Car Production 4114913.00 4228509.00 4657094.00 1954494.00 [+]
Coincident Index 109.50 109.30 109.50 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 57.00 54.00 57.00 38.00 Points [+]
Corruption Rank 45.00 51.00 52.00 27.00 [+]


South Korea Business Confidence

In South Korea, the Business Survey Index (BSI) in the manufacturing sector measures the level of optimism that business leaders have about the performance of the economy in the current month and their outlook for the following month. The Index is based on the survey of around 2800 companies in fifteen areas including sales, inventories, production facilities, prices, labor force and profitability. For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The BSI above 100 indicates an improving outlook and below 100 a deteriorating outlook. This page provides the latest reported value for - South Korea Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Business Confidence - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
67.00 71.00 119.00 35.00 1991 - 2019 Index Points Monthly
NSA




Country Last Previous
Australia 4.00 Jan/19
Brazil 64.50 Feb/19
Canada 54.70 Jan/19
China 49.50 Jan/19
Euro Area 0.69 Jan/19
France 103.00 Feb/19
Germany 98.50 Feb/19
India 116.20 Mar/19
Indonesia 104.71 Dec/18
Italy 102.10 Jan/19
Japan 19.00 Dec/18
Mexico 50.80 Jan/19
Netherlands 5.80 Jan/19
Russia -2.00 Jan/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 31.00 Dec/18
South Korea 67.00 Jan/19
Spain -4.10 Jan/19
Switzerland 95.00 Jan/19
Turkey 97.20 Feb/19
United Kingdom -23.00 Mar/19
United States 56.60 Jan/19


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