South Korea Business Confidence

Business Confidence in South Korea remained unchanged at 71 in June from 71 in May of 2016. Business Confidence in South Korea averaged 81.38 from 1991 until 2016, reaching an all time high of 119 in December of 1994 and a record low of 35 in March of 1998. Business Confidence in South Korea is reported by the The Bank of Korea. In South Korea, the actual 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. This page provides the latest reported value for – South Korea Business Confidence – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.