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Monthly business survey index (BSI) South Korea 2019-2020

Published by Jang Seob Yoon, Nov 25, 2020
As of November 2020, the business survey index (BSI) among 600 leading companies in South Korea stood at 98 points. 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 the daily new cases have increased again recently, the business climate in the next months was expected to be negative.

Monthly business survey index (BSI) among 600 leading companies in South Korea from March 2019 to November 2020

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Release date

November 2020

Region

South Korea

Survey time period

March 2019 to November 2020

Special properties

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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