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South Korea Business Confidence

Last Release
Sep 30, 2022
Actual
75
Units In
Points
Previous
80
Frequency
Monthly
Next Release
Oct 25, 2022
Time to Release
26 Days 15 Hours
Highest
Lowest
Average
Date Range
Source
119
Dec 1994
35
Mar 1998
80.29 Points1991-2022The Bank of Korea
In South Korea, the Business Survey Index (BSI) in the manufacturing sector measures the level of optimism that business leaders have about the performance of the economy in the current month and their outlook for the following month. The Index is based on the survey of around 2800 companies in fifteen areas including sales, inventories, production facilities, prices, labor force and profitability. For each of the indicators measured, the net difference between the number of positive responses and the number of negative responses is computed. The BSI above 100 indicates an improving outlook and below 100 a deteriorating outlook.

Latest Updates

The Business Survey Index (BSI) for the manufacturing sector in South Korea fell to 75 in September of 2022, reaching lows not seen since November of 2020. The proportion of those surveyed complaining about weak domestic demand rose to 10.3% from 8.6% last month. The confidence index for non-manufacturers fell to 81 from 82. The Raw material purchase price expectations for October rose to 130 from 127 in September, while sales price expectations were 102 for October compared with 100 for September.

South Korea Business Confidence History

Last 12 readings

South Korea Business Indicators

All South Korea indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Bankruptcies
9
Aug 2022
8
Jul 2022
7
Dec 2021
3,377
Feb 1998
CompaniesMonthly1990-2022
Business Confidence
75
Sep 2022
80
Aug 2022
35
Mar 1998
119
Dec 1994
PointsMonthly1991-2022
Capacity Utilization
105.7
Jul 2022
105.7
Jun 2022
3.8
Jan 1971
106.1
Dec 2020
PointsMonthly1971-2022
Car Production
3,506,774
Dec 2020
3,950,617
Dec 2019
1,954,494
Dec 1998
4,657,094
Dec 2011
Yearly1998-2020
Car Registrations
112,527
Aug 2022
127,445
Jul 2022
49,944
Dec 2003
205,595
Feb 2020
Monthly2001-2022
Changes In Inventories
2,946.7
Jun 2022
2,199.3
Mar 2022
-10,570.7
Mar 2009
13,025.1
Jun 2011
KRW BillionQuarterly1960-2022
Coincident Index
122.2
Jul 2022
121.4
Jun 2022
4.3
Jan 1970
122.2
Jul 2022
PointsMonthly1970-2022
Competitiveness Index
79.62
Dec 2019
78.84
Dec 2018
4.93
Dec 2011
79.62
Dec 2019
PointsYearly2007-2019
Competitiveness Rank
13
Dec 2019
15
Dec 2018
11
Dec 2008
26
Dec 2015
Yearly2007-2019
Corruption Index
62
Dec 2021
61
Dec 2020
38
Dec 1999
62
Dec 2021
PointsYearly1995-2021
Corruption Rank
32
Dec 2021
33
Dec 2020
27
Dec 1995
52
Dec 1999
Yearly1995-2021
Ease of Doing Business
5
Dec 2019
5
Dec 2018
4
Dec 2014
23
Dec 2008
Yearly2008-2019
Electricity Production
25,208.93
Jul 2022
23,449.74
Feb 2022
13,859.99
Oct 2006
25,208.93
Jul 2022
Gigawatt-hourMonthly2006-2022
Employed Persons
28,194
Aug 2022
28,172
Jul 2022
20,268
Jun 1999
28,222
May 2022
ThousandMonthly1999-2022
IP Addresses
25,814,048
Mar 2017
25,049,894
Dec 2016
13,271,570
Sep 2007
25,814,048
Mar 2017
IPQuarterly2007-2017
Industrial Production
1.5
Jul 2022
1.3
Jun 2022
-25.3
Jan 2009
38.9
Jul 1976
%Monthly1976-2022
Industrial Production Mom
-1.3
Jul 2022
1.7
Jun 2022
-11.1
Dec 2008
11
Sep 1987
%Monthly1980-2022
Internet Speed
28,553.69
Mar 2017
26,116.23
Dec 2016
6,992.81
Dec 2010
29,047.94
Mar 2016
KBpsQuarterly2007-2017
Leading Economic Index
129.2
Jul 2022
129.2
Jun 2022
4.4
Jan 1970
129.2
Jun 2022
PointsMonthly1970-2022
Manufacturing PMI
47.6
Aug 2022
49.8
Jul 2022
41.3
May 2020
55.3
Feb 2021
PointsMonthly2011-2022
Manufacturing Production
1.5
Jul 2022
1.3
Jun 2022
-26.7
Jan 2009
41.6
Jul 1976
%Monthly1976-2022
Mining Production
-11.3
Feb 2022
-11.4
Dec 2021
-36
Oct 1998
43.1
Jul 1999
%Monthly1976-2022
New Orders
8,667,985
Jul 2022
15,733,120
Jun 2022
93,961
Sep 1980
15,733,120
Jun 2022
KRW MillionMonthly1979-2022
Steel Production
6,100
Aug 2022
6,100
Jul 2022
650
Feb 1980
6,405.68
Mar 2014
Thousand TonnesMonthly1980-2022

Business Confidence across Asia

Business Confidence global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
China
49.4
Aug 2022
49
Jul 2022
35.7
Feb 2020
59.2
Apr 2008
Points Monthly2005-2022
Hong Kong
6
Sep 2022
-8
Jun 2022
-53
Mar 2009
32
Sep 2006
Points Quarterly2006-2022
India
134.7
Jun 2022
137.8
Mar 2022
96.4
Jun 2009
139.3
Dec 2021
Points Quarterly2000-2022
Indonesia
14.13
Jun 2022
8.71
Mar 2022
-35.75
Jun 2020
21.99
Sep 2007
Points Quarterly2000-2022
Japan
9
Jun 2022
14
Mar 2022
-58
Mar 2009
53
Jun 1989
Points Quarterly1983-2022
Kazakhstan
7
Jun 2022
2
Mar 2022
-2
Jun 2009
15
Dec 2010
Points Quarterly2008-2022
Malaysia
101
Mar 2022
122
Dec 2021
60
Jun 2020
126
Sep 2000
Points Quarterly1998-2022
Maldives
-89
Jun 2022
89
Mar 2022
-100
Jun 2020
100
Mar 2021
Points Quarterly2014-2022
Philippines
26.1
Sep 2022
35.4
Jun 2022
-32.6
Dec 2001
54.9
Jun 2013
Points Quarterly2001-2022
Singapore
-8
Jun 2022
8
Mar 2022
-57
Dec 2008
54
Mar 1976
Points Quarterly1970-2022
South Korea
75
Sep 2022
80
Aug 2022
35
Mar 1998
119
Dec 1994
Points Monthly1991-2022
Sri Lanka
103
Mar 2022
100
Dec 2021
20
Jun 2020
136
Sep 2014
Points Quarterly2014-2022
Thailand
49.6
Aug 2022
49.4
Jul 2022
32.6
Apr 2020
55.7
Mar 2010
Points Monthly1999-2022

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