South Korea New Orders

New Orders in South Korea increased to 8787486 KRW Million in December from 6427427 KRW Million in November of 2018. New Orders in South Korea averaged 3606752.37 KRW Million from 1979 until 2018, reaching an all time high of 14895263 KRW Million in May of 2007 and a record low of 93961 KRW Million in September of 1980.

New Orders in South Korea is expected to be 8210000.00 KRW Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Orders in South Korea to stand at 7710000.00 in 12 months time. In the long-term, the South Korea New Orders is projected to trend around 7860000.00 KRW Million in 2020, according to our econometric models.

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South Korea Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	67.00	71.00	119.00	35.00	Index Points	[+]
Manufacturing PMI	48.30	49.80	52.60	45.70		[+]
Industrial Production	1.60	1.10	39.40	-25.40	percent	[+]
Industrial Production Mom	-1.40	-1.60	10.50	-10.70	percent	[+]
Manufacturing Production	2.00	1.30	40.80	-26.60	percent	[+]
Capacity Utilization	102.70	102.50	104.60	3.80	Index Points	[+]
New Orders	8787486.00	6427427.00	14895263.00	93961.00	KRW Million	[+]
Changes in Inventories	1731.70	-1354.20	13533.70	-15359.30	KRW Billion	[+]
Bankruptcies	39.00	47.00	3377.00	26.00	Companies	[+]
Car Registrations	135108.00	118994.00	155971.00	49944.00		[+]
Leading Economic Index	113.70	113.50	113.70	4.40	Index Points	[+]
Internet Speed	28553.69	26116.23	29047.94	6992.81	KBps	[+]
IP Addresses	25814048.00	25049894.00	25814048.00	13271570.00	IP	[+]
Steel Production	6162.32	5928.09	6405.68	650.00	Thousand Tonnes	[+]
Mining Production	6.50	5.60	43.10	-36.00	percent	[+]
Ease of Doing Business	5.00	4.00	23.00	4.00		[+]
Electricity Production	24400.07	23615.32	24724.60	13859.99	Gigawatt-hour	[+]
Car Production	4114913.00	4228509.00	4657094.00	1954494.00		[+]
Coincident Index	109.50	109.30	109.50	4.30	Index Points	[+]
Competitiveness Index	78.84	78.03	78.84	4.93	Points	[+]
Competitiveness Rank	15.00	17.00	26.00	11.00		[+]
Corruption Index	57.00	54.00	57.00	38.00	Points	[+]
Corruption Rank	45.00	51.00	52.00	27.00		[+]

South Korea New Orders

In South Korea, because new orders heavily affect business confidence they are a leading indicator for growth in gross domsestic product. This page provides - South Korea New Orders - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea New Orders - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	8787486.00	6427427.00	14895263.00	93961.00	1979 - 2018	KRW Million	Monthly	Current Prices, NSA

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Country	Last		Previous	Range
Australia	34.00	Dec/18	31	49 : -37	Index Points
Canada	56982776.00	Dec/18	57640833	62768223 : 14816411	CAD THO
China	49.60	Jan/19	49.7	65.1 : 32.3	Index Points
France	-11.60	Jan/19	-12.9	26 : -65.2	Index Points
Germany	105.60	Dec/18	106	114 : 8.8	Index Points
Italy	108.90	Nov/18	114	140 : 4.16	Index Points
Japan	1025.44	Nov/18	1086	1624 : 694	JPY Billion
South Korea	8787486.00	Dec/18	6427427	14895263 : 93961	KRW Million
United Kingdom	11075.00	Sep/18	10801	25109 : 9381	GBP Million
United States	499194.00	Nov/18	502677	565232 : 223500	USD Million