As of November 2021, the business survey index (BSI) among 600 leading companies in South Korea stood at 102.2 points, rising above 100 points for the first time in four months. In April 2020, the BSI index once dropped to 58.8 points during the first wave of COVID-19 infections lasted until April 2020. As Korea experiences a fourth wave of coronavirus infections, the business climate in the next months is expected to be negative.
Monthly business survey index (BSI) among 600 leading companies in South Korea from March 2019 to November 2021
600 non-financial businesses based on sales revenue
Supplementary notes
Business Survey Index (BSI) is a business indicator indexed by observing companies' judgments, forecasts, and plans for economic trends. By using a three-point scale of positive, normal, and negative, the formula is based on the difference between the number of positive and negative respondents.
BSI = ((Number of positive respondents- number of negative respondents)/total respondents)*100)+100
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KREI. (November 23, 2021). Monthly business survey index (BSI) among 600 leading companies in South Korea from March 2019 to November 2021 [Graph]. In Statista. Retrieved January 28, 2022, from https://www.statista.com/statistics/1103124/south-korea-monthly-business-survey-index/
KREI. "Monthly business survey index (BSI) among 600 leading companies in South Korea from March 2019 to November 2021." Chart. November 23, 2021. Statista. Accessed January 28, 2022. https://www.statista.com/statistics/1103124/south-korea-monthly-business-survey-index/
KREI. (2021). Monthly business survey index (BSI) among 600 leading companies in South Korea from March 2019 to November 2021. Statista. Statista Inc.. Accessed: January 28, 2022. https://www.statista.com/statistics/1103124/south-korea-monthly-business-survey-index/
KREI. "Monthly Business Survey Index (Bsi) among 600 Leading Companies in South Korea from March 2019 to November 2021." Statista, Statista Inc., 23 Nov 2021, https://www.statista.com/statistics/1103124/south-korea-monthly-business-survey-index/
KREI, Monthly business survey index (BSI) among 600 leading companies in South Korea from March 2019 to November 2021 Statista, https://www.statista.com/statistics/1103124/south-korea-monthly-business-survey-index/ (last visited January 28, 2022)
