Construction Orders in South Korea decreased to 4745281 KRW Million in April from 5197238 KRW Million in March of 2020.

Construction Orders in South Korea averaged 2029513.20 KRW Million from 1976 until 2020, reaching an all time high of 12583186 KRW Million in December of 2019 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 June of 2020. source: Statistics Korea

Construction Orders in South Korea is expected to be 4310000.00 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 2021, according to our econometric models.

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South Korea Construction Orders

Actual Previous Highest Lowest Dates Unit Frequency
4745281.00 5197238.00 12583186.00 23.00 1976 - 2020 KRW Million Monthly
Current Prices, NSA

South Korea Housing Last Previous Highest Lowest Unit
Housing Index 101.90 101.70 101.90 33.60 points [+]
Construction Orders 4745281.00 5197238.00 12583186.00 23.00 KRW Million [+]
Construction Output -2.70 2.20 26.40 -30.50 percent [+]
Home Ownership Rate 57.70 57.70 57.70 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.