South Korea Industrial Production  1976-2017 | Data | Chart | Calendar

Industrial production in South Korea increased by 3.0 percent year-on-year in March of 2017, following an upwardly revised 6.7 percent jump in the previous month and lower than market expectations of +3.7 percent. Manufacturing output advanced 3.2 percent, compared to a downwardly revised 6.9 percent climb in the previous month. On a monthly basis, industrial output went up 1.0 percent (compared to -3.3 percent in February and below expectations of +2.0 percent). Industrial Production in South Korea averaged 9.04 percent from 1976 until 2017, 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)
2017-03-01 11:00 PM Jan 1.7% 4.2% 2.6% 3.2%
2017-03-30 11:00 PM Feb 6.6% 1.4% 6.7% 0.4%
2017-04-27 11:00 PM Mar 3% 6.7% 3.7% 5%
2017-05-30 11:00 PM Apr 3% 7.1%
2017-06-29 11:00 PM May 2.9%
2017-07-27 11:00 PM Jun 5.6%




South Korea Business Last Previous Highest Lowest Unit
Business Confidence 83.00 79.00 119.00 35.00 [+]
Manufacturing PMI 49.40 48.40 52.60 45.70 [+]
Industrial Production 3.00 6.70 38.80 -25.30 percent [+]
Industrial Production Mom 1.00 -3.30 11.00 -11.00 percent [+]
Manufacturing Production 3.20 6.90 41.60 -26.70 percent [+]
Capacity Utilization 113.40 113.40 113.60 4.20 Index Points [+]
New Orders 6147026.00 5285646.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -854.40 -1441.30 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 47.00 46.00 3377.00 30.00 Companies [+]
Car Registrations 128618.00 138900.00 155971.00 49944.00 Cars [+]
Leading Economic Index 129.60 129.30 129.60 5.20 Index Points [+]
Mining Production -3.40 4.60 43.10 -36.00 percent [+]
Steel Production 6100.00 5507.95 6405.68 650.00 Thousand Tonnes [+]
Cement Production 5804.00 3886.00 6134.00 1726.00 Thousands of Tonnes [+]
Coincident Index 124.70 124.20 131.00 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 23499.07 22442.36 23580.32 13859.99 Gigawatt-hour [+]
Corruption Index 53.00 56.00 56.00 38.00 Points [+]
Corruption Rank 52.00 37.00 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3.00 6.70 38.80 -25.30 1976 - 2017 percent Monthly
2010=100, NSA



industrial production by Country

Last
Australia 1.10 Dec/16
Brazil 1.10 Mar/17
Canada 3.23 Feb/17
China 6.50 Apr/17
Euro Area 1.90 Mar/17
France 2.00 Mar/17
Germany 1.90 Mar/17
India 2.70 Mar/17
Indonesia 5.50 Mar/17
Italy 2.80 Mar/17
Japan 3.50 Mar/17
Mexico 3.35 Mar/17
Netherlands -2.20 Mar/17
Russia 2.30 Apr/17
South Korea 3.00 Mar/17
Spain 0.40 Mar/17
Switzerland -1.30 Mar/17
Turkey 2.80 Mar/17
United Kingdom 1.40 Mar/17
United States 2.20 Apr/17