South Korea: Business confidence survey

* indicates monthly or quarterly data series
 South Korea

Business confidence survey

 Latest value -26
 Reference June 2024
 Measure points
 Data availability January 2003 - June 2024
 Average -23.6
 Min - Max -49 - -5
 Source Economic Statistics System of South Korea
For that indicator, we provide data for South Korea from January 2003 to June 2024. The average value for South Korea during that period was -23.6 points with a minimum of -49 points in December 2008 and a maximum of -5 points in May 2010. Click on the following link to see the values of Business confidence survey around the world.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Business confidence survey - recent values

Historical chart
South Korea - Business confidence survey - historical chart - 2003-2024
Measure: points
Source: Economic Statistics System of South Korea


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Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.

 Related indicators Latest value Reference Measure
 Industrial production 3.00 9/2023 percent
 Retail sales 102.40 9/2023 index points
 Retail sales Y-on-Y -2.85 9/2023 percent
 House price index 142.85 Q3/2023 index point
 Real residential property prices Y-on-Y change -10.13 Q3/2023 percent
 Business confidence survey -27.00 9/2023 points
 Consumer confidence survey 0.00 9/2023 points
 Purchasing Managers Index (PMI), manufacturing 49.90 9/2023 index points
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