South Korea Smalll Business Health Index (SBHI): Economic Outlook (EO)

2015 - 2024 | Monthly | Index | Korea Federation of SMEs

South Korea Smalll Business Health Index (SBHI): Economic Outlook (EO) data was reported at 72.400 Index in Feb 2024. This records a decrease from the previous number of 72.600 Index for Jan 2024. South Korea Smalll Business Health Index (SBHI): Economic Outlook (EO) data is updated monthly, averaging 78.800 Index from Jan 2015 to Feb 2024, with 110 observations. The data reached an all-time high of 89.600 Index in Sep 2017 and a record low of 55.600 Index in Apr 2020. South Korea Smalll Business Health Index (SBHI): Economic Outlook (EO) data remains active status in CEIC and is reported by Korea Federation of SMEs. The data is categorized under Global Database’s South Korea – Table KR.S145: Small Business Health Index. The SBHI (Small Business Health Index) is an index calculated by subdividing the responses into a 5-point scale and multiplying each frequency by a weight. If it is over 100, it indicates that there are more companies that expect the next month's economy to improve than those that do not. Less than 100 means the opposite. Series break at January 2015 to December 2022, as the Monthly Small & Medium Business Economic Outlook Survey and the Non-Manufacturing Small & Medium Business Economic Trend Survey were merged. Series break at January 2023, due to the sampling frame change. The Corporate Statistics Register is now being used instead of the National Business Survey.

View South Korea's South Korea Smalll Business Health Index (SBHI): Economic Outlook (EO) from Jan 2015 to Feb 2024 in the chart:

South Korea South Korea Smalll Business Health Index (SBHI): Economic Outlook (EO)

What was South Korea's South Korea Smalll Business Health Index (SBHI): Economic Outlook (EO) in Feb 2024?

Last Previous Min Max Unit Frequency Range
72.400 Feb 2024 72.600 Jan 2024 55.600 Apr 2020 89.600 Sep 2017 Index monthly Jan 2015 - Feb 2024

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 70,250.328 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 41,380.693 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.340 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 1.4 Mar 2023 quarterly Mar 1961 - Mar 2023
GDP per Capita (USD) 33,127.800 2023 yearly 1953 - 2023
Gross Fixed Capital Formation (USD mn) 135,794.261 Dec 2023 quarterly Mar 1960 - Dec 2023
Gross National Product (GNP) (USD mn) 451,462.336 Dec 2023 quarterly Mar 1960 - Dec 2023
Gross Savings Rate (%) 34.0 Dec 2022 quarterly Mar 1970 - Dec 2022
Investment: % of GDP (%) 31.7 Dec 2023 quarterly Mar 1960 - Dec 2023
Nominal GDP (USD mn) 429,247.3 Mar 2023 quarterly Mar 1960 - Mar 2023
Nominal GDP Growth (%) 5.780 Dec 2023 quarterly Mar 1961 - Dec 2023
Private Consumption Expenditure (USD mn) 210,379.239 Dec 2023 quarterly Mar 1960 - Dec 2023
Private Consumption: % of GDP (%) 48.1 Dec 2023 quarterly Mar 1960 - Dec 2023
Public Consumption Expenditure (USD mn) 80,138.911 Dec 2023 quarterly Mar 1960 - Dec 2023
Public Consumption: % of GDP (%) 17.6 Dec 2023 quarterly Mar 1960 - Dec 2023
Real GDP Growth (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 87.660 Dec 2023 quarterly Mar 1960 - Dec 2023
Production Last Frequency Range
Gold Production (kg) 128.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) 5.8 Jan 2024 monthly Jan 1958 - Jan 2024
Minerals Production (Metric Ton) 5,533,618.000 2021 yearly 2009 - 2021
Motor Vehicle Production (Unit) 3,757,049.000 2022 yearly 1997 - 2022
Silver Production (Metric Ton) 5.739 2020 yearly 1986 - 2020
Construction and Properties Last Frequency Range
Building Permits (Unit) 10,431.000 Jan 2024 monthly Oct 1979 - Jan 2024
House Prices Growth (%) -2.8 Feb 2024 monthly Jan 1987 - Feb 2024
Nominal Residential Property Price Index (2010=100) 142.853 Sep 2023 quarterly Mar 1975 - Sep 2023
Nominal Residential Property Price Index Growth (%) -7.313 Sep 2023 quarterly Mar 1976 - Sep 2023
Real Residential Property Price Index (2010=100) 109.996 Sep 2023 quarterly Mar 1975 - Sep 2023
Real Residential Property Price Index Growth (%) -10.131 Sep 2023 quarterly Mar 1976 - Sep 2023
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.0 Sep 2023 quarterly Jun 2000 - Sep 2023
Forecast: Government Expenditure (KRW bn) 679,848.650 2028 yearly 1995 - 2028
Forecast: Government Net Debt (KRW bn) 1,606,994.340 2028 yearly 1990 - 2028
Forecast: Government Revenue (KRW bn) 679,687.380 2028 yearly 1995 - 2028
Government Debt: % of GDP (%) 49.9 Sep 2023 quarterly Sep 2002 - Sep 2023
National Government Debt (USD mn) 815,782.8 Sep 2023 quarterly Sep 2002 - Sep 2023
Tax Revenue (USD mn) 34,617.685 Jan 2024 monthly Jan 2000 - Jan 2024
Consolidated Fiscal Balance (USD mn) -6,888.333 Nov 2023 monthly Jul 1999 - Nov 2023
Tax Revenue: % of GDP (%) 22.7 Dec 2023 quarterly Mar 2000 - Dec 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 28,690,000.000 Feb 2024 monthly Jan 1983 - Feb 2024
Forecast: Employment (Person mn) 28.727 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 51.305 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.205 2028 yearly 1980 - 2028
Labour Force Participation Rate (%) 63.6 Feb 2024 monthly Jun 1999 - Feb 2024
Labour Productivity Growth (%) 1.11 Dec 2023 quarterly Sep 1983 - Dec 2023
Monthly Earnings (USD) 3,399 Dec 2023 monthly Jan 2008 - Dec 2023
Population (Person mn) 51.7 2022 yearly 1956 - 2022
Unemployment Rate (%) 2.60 Feb 2024 monthly Jun 1999 - Feb 2024

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