Leading Economic Index in South Korea increased to 121.20 points in August from 120.10 points in July of 2020. source: Statistics Korea (KOSTAT)

Leading Economic Index in South Korea averaged 47.54 points from 1970 until 2020, reaching an all time high of 122.80 points in October of 2020 and a record low of 4.40 points in January of 1970. This page provides - South Korea Leading Economic Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Leading Economic Index - values, historical data and charts - was last updated on December of 2020.

Leading Economic Index in South Korea is expected to be 118.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in South Korea to stand at 118.90 in 12 months time. In the long-term, the South Korea Leading Economic Index is projected to trend around 119.00 points in 2021 and 121.00 points in 2022, according to our econometric models.

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South Korea Leading Economic Index

Actual Previous Highest Lowest Dates Unit Frequency
122.80 122.00 122.80 4.40 1970 - 2020 points Monthly
2015=100

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 85.00 79.00 119.00 35.00 points [+]
Manufacturing PMI 52.90 51.20 52.90 41.30 points [+]
Industrial Production -2.20 8.10 39.40 -25.40 percent [+]
Industrial Production Mom -1.20 5.50 10.50 -10.60 percent [+]
Manufacturing Production -2.20 8.30 40.80 -26.60 percent [+]
Capacity Utilization 104.70 104.60 104.70 3.80 points [+]
New Orders 5606865.00 5728523.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 1080.90 5775.40 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 37.00 30.00 3377.00 15.00 Companies [+]
Car Registrations 130931.00 111629.00 205595.00 49944.00 [+]
Leading Economic Index 122.80 122.00 122.80 4.40 points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Mining Production -3.00 -2.40 26.40 -30.60 percent [+]
Steel Production 5858.75 5830.59 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 23171.95 22533.18 25106.16 13859.99 Gigawatt-hour [+]
Car Production 3950617.00 4028834.00 4657094.00 1954494.00 [+]
Coincident Index 112.80 112.10 113.80 4.30 points [+]
Competitiveness Index 79.62 78.84 79.62 4.93 Points [+]
Competitiveness Rank 13.00 15.00 26.00 11.00 [+]
Corruption Index 59.00 57.00 59.00 38.00 Points [+]
Corruption Rank 39.00 45.00 52.00 27.00 [+]


South Korea Leading Economic Index
In South Korea, Leading Composite Index examines the overall economic situation, predicting the direction and speed of a turning point in the economy. The index integrates a set of selected major indices that reflect each part of economy: opening-to-application ratio, inventory circulation indicator, consumer expectation index, machinery orders received, import of capital goods, construction orders received, stock price index, total liquidity, interest rate spread, 3-year treasury bonds less call rate, net barter terms of trade. The index has a base value of 100 as of 2010.