Construction Orders in South Korea increased to 8427710 KRW Million in December from 4180294 KRW Million in November of 2018. Construction Orders in South Korea averaged 1911111.39 KRW Million from 1976 until 2018, 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 6770000.00 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 9890000.00 KRW Million in 2020, according to our econometric models.

South Korea Construction Orders
Forecast Data Chart
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South Korea Housing Last Previous Highest Lowest Unit
Housing Index 100.00 105.90 105.90 35.50 Index points [+]
Home Ownership Rate 56.80 53.60 56.80 53.60 percent [+]
Construction Orders 8427710.00 4180294.00 10465297.00 23.00 KRW Million [+]
Construction Output -9.50 -10.40 25.70 -30.50 percent [+]

South Korea Construction Orders

In South Korea, data refer to the value of construction orders received for dwellings building activity at current prices. This page provides - South Korea Construction Orders- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Construction Orders - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8427710.00 4180294.00 10465297.00 23.00 1976 - 2018 KRW Million Monthly
Current Prices, NSA

Country Last Previous
Germany 7.40 Nov/18
Japan -3.70 Dec/18
South Korea 8427710.00 Dec/18
United Kingdom -30.70 Sep/18