South Korea Industrial Production  1976-2016 | Data | Chart | Calendar

South Korea's industrial production decreased by 1.6 percent year-on-year in October 2016, following a downwardly revised 1.7 percent contraction the previous month, but slightly better than market expectations of a 2 percent drop. It was the second straight month of decline, as manufacturing output fell by 1.6 percent, compared to a 1.9 percent decrease in September. On a monthly basis, industrial production went down by 1.7 percent, compared to a 0.6 percent gain in September and worse than an expected 0.1 percent drop. Industrial Production in South Korea averaged 9.09 percent from 1976 until 2016, reaching an all time high of 38.80 percent in July of 1976 and a record low of -25.30 percent in January of 2009.

South Korea Industrial Production
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-29 11:00 PM Aug 2.3% 1.6% 2% -0.8%
2016-10-30 11:00 PM Sep -2% 2.2% -1.5% -1.3%
2016-11-29 11:00 PM Oct -1.6% -1.7% -2% -1.5%
2016-12-28 11:00 PM Nov -1.6% 0.2%
2017-01-28 11:00 PM Dec 1.97%
2017-03-01 11:00 PM Jan 0.95%




South Korea Business Last Previous Highest Lowest Unit
Business Confidence 72.00 71.00 119.00 35.00 [+]
Manufacturing PMI 48.00 48.00 52.60 45.70 [+]
Industrial Production -1.60 -1.70 38.80 -25.30 percent [+]
Industrial Production Mom -1.70 0.60 11.00 -11.00 percent [+]
Manufacturing Production -1.60 -1.90 41.60 -26.70 percent [+]
Capacity Utilization 112.30 112.10 112.30 4.20 Index Points [+]
New Orders 3841028.00 4266568.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -2961.40 -3851.00 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 54.00 57.00 3377.00 35.00 Companies [+]
Car Registrations 120322.00 109476.00 155971.00 49944.00 Cars [+]
Leading Economic Index 127.30 126.60 127.30 5.20 Index Points [+]
Mining Production -6.90 20.10 43.10 -36.00 percent [+]
Steel Production 5961.32 5716.25 6405.68 650.00 Thousand Tonnes [+]
Cement Production 4727.00 5131.00 6134.00 1726.00 Thousands of Tonnes [+]
Coincident Index 122.40 122.40 131.00 5.40 Index Points [+]
Competitiveness Index 5.03 4.99 5.39 4.93 Points [+]
Competitiveness Rank 26.00 26.00 26.00 11.00 [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 22764.41 22015.13 23448.53 13859.99 Gigawatt-hour [+]
Corruption Index 56.00 55.00 56.00 38.00 Points [+]
Corruption Rank 37.00 43.00 52.00 27.00 [+]



South Korea Industrial Production Notes

In South Korea, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - South Korea Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Industrial Production - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-1.60 -1.70 38.80 -25.30 1976 - 2016 percent Monthly
2010=100, NSA



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