South Korea: Building permits

(measure: building permits, source: Korean Statistical Information Service)
* indicates monthly or quarterly data series

Building permits in South Korea, August, 2020: The data series span the period from January 2001 to August 2020. During that time, the average value for South Korea was 7001 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 5831, a change of -13.5% from the previous data point of 6741 building permits and a change of 10.25% from a year ago when the level was 5289 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
Download as:
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