Business confidence survey in South Korea, November, 2019
For that indicator, Economic Statistics System of South Korea provides data for South Korea from 2016 to 2019. The average value for South Korea during that period was -24.83 points with a minimum of -31 points in January 2019 and a maximum of -19 points in September 2017.
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Source: Economic Statistics System of South Korea
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.