* indicates monthly or quarterly data series

Building permits in South Korea

, January 2001 - July 2021: The data series span the period from January 2001 to July 2021. During that time, the average value for South Korea was 6991 building permits with a minumum of 1541 building permits in February 2005 and a maximum of 13176 building permits in July 2016. The latest number is 7145, a change of -13.12% from the previous data point of 8224 building permits and a change of 5.99% from a year ago when the level was 6741 building permits.

The number of building permits is considered a leading macroeconomic indicator as it typically grows a few months ahead of an economic expansion and declines a few months before an economic slowdown. See more information about that indicator on our Building permits page.
Select indicator
* indicates monthly or quarterly data series

Recent values

Longer historical series
Measure: building permits
Source: Korean Statistical Information Service

Definition: Building permits are authorizations granted by a government or another regulatory body before the construction of a new building can legally occur.
This site uses cookies.
Learn more here