Manufacturing Production in South Korea increased 13 percent in April of 2021 over the same month in the previous year. source: Statistics Korea

Manufacturing Production in South Korea averaged 8.60 percent from 1976 until 2021, reaching an all time high of 41.60 percent in July of 1976 and a record low of -26.70 percent in January of 2009. This page provides - South Korea Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Manufacturing Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Manufacturing Production in South Korea is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Production in South Korea to stand at 2.50 in 12 months time. In the long-term, the South Korea Manufacturing Production is projected to trend around 2.50 percent in 2022 and 1.50 percent in 2023, according to our econometric models.

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South Korea Manufacturing Production

Actual Previous Highest Lowest Dates Unit Frequency
13.00 4.50 41.60 -26.70 1976 - 2021 percent Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-01 11:00 PM Jan 7.4% 2.4% 5.5%
2021-03-30 11:00 PM Feb 1.0% 7.7% 2.5%
2021-04-29 11:00 PM Mar 4.7% 1.0% 3.5%
2021-05-30 11:00 PM Apr 13% 4.5% 15%
2021-06-29 11:00 PM May 13%
2021-07-29 11:00 PM Jun
2021-08-30 11:00 PM Jul
2021-09-29 11:00 PM Aug

South Korea Business Last Previous Highest Lowest Unit
Business Confidence 96.00 96.00 119.00 35.00 points [+]
Manufacturing PMI 53.70 54.60 55.30 41.30 points [+]
Industrial Production 12.40 4.40 38.90 -25.30 percent [+]
Industrial Production Mom -1.60 -0.90 11.00 -11.10 percent [+]
Manufacturing Production 13.00 4.50 41.60 -26.70 percent [+]
Capacity Utilization 105.10 105.50 106.10 3.80 points [+]
New Orders 8707479.00 14687024.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories 467.90 153.00 13025.10 -10570.70 KRW Billion [+]
Bankruptcies 12.00 25.00 3377.00 8.00 Companies [+]
Car Registrations 125819.00 139187.00 205595.00 49944.00 [+]
Leading Economic Index 126.20 125.30 126.20 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 7.50 -4.00 43.10 -36.00 percent [+]
Steel Production 5900.00 6100.00 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 5.00 23.00 4.00 [+]
Electricity Production 23374.72 22349.73 25106.16 13859.99 Gigawatt-hour [+]
Car Production 3506774.00 3950617.00 4657094.00 1954494.00 [+]
Coincident Index 116.40 115.10 116.40 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 61.00 59.00 61.00 38.00 Points [+]
Corruption Rank 33.00 39.00 52.00 27.00 [+]


South Korea Manufacturing Production
Manufacturing accounts for as much as a third of South Korea’s GDP and is dominated by the conglomerates known as chaebols.