Construction Orders in South Korea decreased to 2451431 KRW Million in February from 3073975 KRW Million in January of 2019. Construction Orders in South Korea averaged 1914399.39 KRW Million from 1976 until 2019, reaching an all time high of 10465297 KRW Million in December of 2017 and a record low of 23 KRW Million in January of 1977.
Construction Orders in South Korea is expected to be 5770000.00 KRW Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Orders in South Korea to stand at 7610000.00 in 12 months time. In the long-term, the South Korea Construction Orders is projected to trend around 9000000.00 KRW Million in 2020, according to our econometric models.