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Forecasted change in sales and exports due to COVID-19 South Korea 2020, by scenario

When the coronavirus (COVID-19) outbreak lasts over six months, it was forcasted that the annual sales revenues among companies in South Korea will decrease by 8 percent and exports by 9.1 percent. Even if in the better scenario the coronavirus lasts less than 6 months, it was predicted that South Korean companies will see a loss of 3.3 percent in their annual sales revenue.

Forecasted change in annual sales revenue and exports due to the coronavirus (COVID-19) in South Korea as of February 2020, by scenario

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Sources

Release date

February 2020

Region

South Korea

Survey time period

January 31 to February 7, 2020

Number of respondents

152 companies*

Supplementary notes

*from the top 1,000 non-financial companies based on sales revenue.

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