Construction Orders in South Korea increased to 8130912 KRW Million in August from 8003596 KRW Million in July of 2020. source: Statistics Korea

Construction Orders in South Korea averaged 2158142.86 KRW Million from 1976 until 2021, reaching an all time high of 15128796 KRW Million in December of 2020 and a record low of 23 KRW Million in January of 1977. This page provides - South Korea Construction Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Construction Orders - values, historical data and charts - was last updated on March of 2021.

Construction Orders in South Korea is expected to be 9890000.00 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 9000000.00 in 12 months time. In the long-term, the South Korea Construction Orders is projected to trend around 9000000.00 KRW Million in 2022, according to our econometric models.

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South Korea Construction Orders

Actual Previous Highest Lowest Dates Unit Frequency
5817761.00 15128796.00 15128796.00 23.00 1976 - 2021 KRW Million Monthly
Current Prices, NSA

South Korea Housing Last Previous Highest Lowest Unit
Housing Index 109.90 108.60 109.90 33.60 points [+]
Construction Orders 5817761.00 15128796.00 15128796.00 23.00 KRW Million [+]
Construction Output -6.40 -4.80 26.40 -30.50 percent [+]
Home Ownership Rate 58.00 57.70 58.00 53.60 percent [+]


South Korea Construction Orders
In South Korea, data refer to the value of construction orders received for dwellings building activity at current prices.