Korea skyline

Industry in Korea

Korea Industry

Industrial output dips in June

Industrial output dropped 1.0% in month-on-month seasonally-adjusted terms in June, which contrasted May’s 3.0% increase. June’s notable downturn was largely driven by drops in manufacturing and mining and quarrying output.

On an annual basis, industrial output dove 7.1% in seasonally adjusted terms in June, which was well greater than May’s 4.6% fall. Accordingly, the trend pointed down, with the annual average variation of industrial production coming in at minus 5.6%, down from May’s minus 4.8%.

Korea Industry Chart

This chart displays Industrial Production (annual variation in %) for Korea from 2013 to 2022.

Korea Industry Data

2018 2019 2020 2021 2022
Industrial Production (s.a. ann. var. %) 1.5 -0.1 -0.1 8.1 1.3

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest