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Manufacturing industry outlook during COVID-19 South Korea Q1 2020-Q4 2021

Published by L. Yoon, May 6, 2022
In the 4th quarter of 2021, the Business Survey Index (BSI) for the manufacturing sector in South Korea was 96 points, up slightly from 93 points in the previous quarter. Following the outbreak of the COVID-19 pandemic, the index value initially fell to 71 points in the first quarter of 2021 after which it recovered slightly. The coronavirus (COVID-19) adversely affected the South Korean economy, which, however, quickly recovered as early as 2021.

Business survey index (BSI) for the manufacturing industry in South Korea during the coronavirus (COVID-19) pandemic from 1st quarter 2020 to 4th quarter 2021

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Release date

January 2022

Region

South Korea

Survey time period

Q1 2020 and Q4 2021

Supplementary notes

An index above 100 means an optimistic situation or outlook.

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