Construction Orders in South Korea decreased to 5454550 KRW Million in November from 7391668 KRW Million in October of 2019. Construction Orders in South Korea averaged 1990452.60 KRW Million from 1976 until 2019, reaching an all time high of 10989605 KRW Million in December of 2017 and a record low of 23 KRW Million in January of 1977. source: Statistics Korea
Construction Orders in South Korea is expected to be 6010000.00 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 9890000.00 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.