South Korea Motor Vehicle Production
1997 - 2023 | Yearly | Unit | International Organization of Motor Vehicle Manufacturers
Key information about South Korea Motor Vehicle Production
- South Korea Motor Vehicle Production was reported at 4,243,597.000 Unit in Dec 2023.
- This records an increase from the previous number of 3,757,049.000 Unit for Dec 2022.
- South Korea Motor Vehicle Production data is updated yearly, averaging 3,826,682.000 Unit from Dec 1997 to 2023, with 27 observations.
- The data reached an all-time high of 4,657,094.000 Unit in 2011 and a record low of 1,954,494.000 Unit in 1998.
- South Korea Motor Vehicle Production data remains active status in CEIC and is reported by International Organization of Motor Vehicle Manufacturers.
- The data is categorized under World Trend Plus’s Association: Automobile Sector – Table RA.OICA.MVP: Motor Vehicle Production: by Country.
View South Korea's Motor Vehicle Production from 1997 to 2023 in the chart:
What was South Korea's Motor Vehicle Production in 2023?
South Korea Motor Vehicle Production was reported at 4,243,597.000 Unit in Dec 2023. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4,243,597.000 2023 | 3,757,049.000 2022 | 1,954,494.000 1998 | 4,657,094.000 2011 | Unit | yearly | 1997 - 2023 |
Motor Vehicle Production by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Algeria (Unit) | 2,456.000 2023 | yearly | 2014 - 2023 |
| Argentina (Unit) | 610,725.000 2023 | yearly | 1997 - 2023 |
| Australia (Unit) | 7,141.000 2023 | yearly | 1997 - 2023 |
| Austria (Unit) | 114,191.000 2023 | yearly | 1997 - 2023 |
| Azerbaijan (Unit) | 4,537.000 2023 | yearly | 2013 - 2023 |
| Bangladesh (Unit) | 580.000 2016 | yearly | 2014 - 2016 |
| Belarus (Unit) | 29,891.000 2021 | yearly | 1999 - 2021 |
| Belgium (Unit) | 332,103.000 2023 | yearly | 1997 - 2023 |
| Botswana (Unit) | 397.000 2006 | yearly | 1999 - 2006 |
| Brazil (Unit) | 2,324,838.000 2023 | yearly | 1997 - 2023 |
| Canada (Unit) | 1,553,026.000 2023 | yearly | 1997 - 2023 |
| Chile (Unit) | 4,700.000 2010 | yearly | 1999 - 2010 |
| China (Unit) | 30,160,966.000 2023 | yearly | 1997 - 2023 |
| Colombia (Unit) | 34,700.000 2023 | yearly | 1999 - 2023 |
| Czech Republic (Unit) | 1,404,501.000 2023 | yearly | 1997 - 2023 |
| Ecuador (Unit) | 2,700.000 2016 | yearly | 2000 - 2016 |
| Egypt (Unit) | 23,754.000 2020 | yearly | 1997 - 2020 |
| Finland (Unit) | 30,191.000 2023 | yearly | 1997 - 2023 |
| France (Unit) | 1,505,076.000 2023 | yearly | 1997 - 2023 |
| Germany (Unit) | 4,109,371.000 2023 | yearly | 1997 - 2023 |
| Hungary (Unit) | 507,225.000 2023 | yearly | 1997 - 2023 |
| India (Unit) | 5,851,507.000 2023 | yearly | 1997 - 2023 |
| Indonesia (Unit) | 1,395,717.000 2023 | yearly | 1997 - 2023 |
| Iran (Unit) | 1,188,471.000 2023 | yearly | 1999 - 2023 |
| Italy (Unit) | 880,085.000 2023 | yearly | 1997 - 2023 |
| Japan (Unit) | 8,997,440.000 2023 | yearly | 1997 - 2023 |
| Kazakhstan (Unit) | 146,989.000 2023 | yearly | 2013 - 2023 |
| Kenya (Unit) | 3,080.000 2013 | yearly | 1999 - 2013 |
| South Korea (Unit) | 4,243,597.000 2023 | yearly | 1997 - 2023 |
| Malaysia (Unit) | 774,600.000 2023 | yearly | 1997 - 2023 |
| Mexico (Unit) | 4,002,047.000 2023 | yearly | 1997 - 2023 |
| Morocco (Unit) | 535,825.000 2023 | yearly | 1999 - 2023 |
| Myanmar (Unit) | 1,475.000 2023 | yearly | 2019 - 2023 |
| Netherlands (Unit) | 123,379.000 2023 | yearly | 1997 - 2023 |
| Nigeria (Unit) | 2,040.000 2008 | yearly | 1999 - 2008 |
| Pakistan (Unit) | 79,513.000 2023 | yearly | 1999 - 2023 |
| Philippines (Unit) | 110,350.000 2023 | yearly | 1999 - 2023 |
| Poland (Unit) | 612,882.000 2023 | yearly | 1997 - 2023 |
| Portugal (Unit) | 318,231.000 2023 | yearly | 1997 - 2023 |
| Romania (Unit) | 513,050.000 2023 | yearly | 1997 - 2023 |
| Russia (Unit) | 729,864.000 2023 | yearly | 1997 - 2023 |
| Serbia (Unit) | 186.000 2023 | yearly | 1997 - 2023 |
| Slovakia (Unit) | 1,080,000.000 2023 | yearly | 1997 - 2023 |
| Slovenia (Unit) | 60,881.000 2023 | yearly | 1997 - 2023 |
| South Africa (Unit) | 633,337.000 2023 | yearly | 1997 - 2023 |
| Spain (Unit) | 2,451,221.000 2023 | yearly | 1997 - 2023 |
| Sudan (Unit) | 1,020.000 2004 | yearly | 2002 - 2004 |
| Sweden (Unit) | 276,750.000 2023 | yearly | 1997 - 2023 |
| Taiwan (Unit) | 285,962.000 2023 | yearly | 1997 - 2023 |
| Thailand (Unit) | 1,841,663.000 2023 | yearly | 1997 - 2023 |
| Tunisia (Unit) | 1,700.000 2018 | yearly | 2007 - 2018 |
| Turkey (Unit) | 1,468,393.000 2023 | yearly | 1997 - 2023 |
| Ukraine (Unit) | 1,993.000 2023 | yearly | 1997 - 2023 |
| United Kingdom (Unit) | 1,025,474.000 2023 | yearly | 1997 - 2023 |
| United States (Unit) | 10,611,555.000 2023 | yearly | 1997 - 2023 |
| Uruguay (Unit) | 78.000 2004 | yearly | 1999 - 2004 |
| Uzbekistan (Unit) | 425,876.000 2023 | yearly | 1997 - 2023 |
| Venezuela (Unit) | 2,850.000 2016 | yearly | 1999 - 2016 |
| Vietnam (Unit) | 177,435.000 2023 | yearly | 2000 - 2023 |
| Zimbabwe (Unit) | 829.000 2013 | yearly | 1999 - 2013 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.6 Dec 2023 | quarterly | Jun 2000 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -6,888.333 Nov 2023 | monthly | Jul 1999 - Nov 2023 |
| Tax Revenue (USD mn) | 9,088.625 Feb 2024 | monthly | Jan 2000 - Feb 2024 |
| Tax Revenue: % of GDP (%) | 22.7 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| National Government Debt (USD mn) | 815,782.8 Sep 2023 | quarterly | Sep 2002 - Sep 2023 |
| Government Debt: % of GDP (%) | 49.9 Sep 2023 | quarterly | Sep 2002 - 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 |
| National Debt (ND) (KRW bn) | 1,067,700.000 2022 | yearly | 1997 - 2022 |
| Central Govt Debt: Foreign (KRW bn) | 11,791.000 Sep 2023 | quarterly | Dec 2002 - Sep 2023 |
| Central Govt Debt (KRW bn) | 1,099,561.000 Sep 2023 | quarterly | Sep 2002 - Sep 2023 |
| Central Govt Debt: Short-Term (KRW bn) | 0.000 Sep 2023 | quarterly | Sep 2002 - Sep 2023 |
| Central Govt Debt: Medium & Long Term (KRW bn) | 1,099,507.000 Sep 2023 | quarterly | Sep 2002 - Sep 2023 |
| Central Govt Debt: Domestic (KRW bn) | 1,087,771.000 Sep 2023 | quarterly | Dec 2002 - Sep 2023 |
| Public Sector Debt (KRW bn) | 1,588,700.000 2022 | yearly | 2011 - 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.043 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 4,291.2 Mar 2024 | monthly | Jan 1966 - Mar 2024 |
| Total Exports (USD mn) | 56,571.8 Mar 2024 | monthly | Jan 1966 - Mar 2024 |
| Total Exports Growth (%) | 3.1 Mar 2024 | monthly | Jan 1967 - Mar 2024 |
| Aluminum: Exports (USD th) | 4,568,165.809 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 1,062,354.931 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 6,513,466.420 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 52,280.7 Mar 2024 | monthly | Jan 1966 - Mar 2024 |
| Total Imports Growth (%) | -12.3 Mar 2024 | monthly | Jan 1967 - Mar 2024 |
| Imports: Medicament (USD th) | 4,532,213.079 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 4,747,831.996 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 10,911.000 Mar 2024 | monthly | Apr 1964 - Mar 2024 |
| Total Imports from USA (USD mn) | 5,974.000 Mar 2024 | monthly | Apr 1964 - Mar 2024 |
| Total Exports to China (USD mn) | 10,520.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Total Imports from China (USD mn) | 11,396.000 Mar 2024 | monthly | Jan 1988 - Mar 2024 |
| Trade Balance: First 10 days (USD mn) | -1,263.000 Mar 2024 | monthly | Jan 2016 - Mar 2024 |
| Imports: First 10 days (USD mn) | 14,803.000 Mar 2024 | monthly | Jan 2016 - Mar 2024 |
| Exports: First 10 days (USD mn) | 13,540.000 Mar 2024 | monthly | Jan 2016 - Mar 2024 |
| Imports: Middle East: Qatar (USD th) | 1,140,352.000 Feb 2024 | monthly | Jan 1993 - Feb 2024 |
| Imports: Natural Gas: Quantity (Ton th) | 4,552.00 Feb 2018 | monthly | Nov 1990 - Feb 2018 |
| Motor Vehicle: Exports (Unit) | 249,718.000 Mar 2024 | monthly | Jan 1981 - Mar 2024 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 3,304.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Current Account Balance (USD mn) | 7,671.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Current Account Balance: % of GDP (USD mn) | 7,671.1 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| Foreign Direct Investment (USD mn) | 2,558.8 Jun 2023 | monthly | Jan 1980 - Jun 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.2 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Foreign Portfolio Investment (USD mn) | 7,450.600 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 1.7 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 3,253.2 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 4,197.400 Dec 2023 | quarterly | Mar 1980 - Dec 2023 |
| External Debt (USD mn) | 663,631.1 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| External Debt: % of GDP (%) | 38.8 2023 | yearly | 1994 - 2023 |
| External Debt: Short Term (USD mn) | 136,202.8 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| External Debt: Short Term: % of GDP (%) | 8.0 2023 | yearly | 1994 - 2023 |
| Total Debt: % of GDP (%) | 757.9 Dec 2023 | quarterly | Dec 2008 - Dec 2023 |
| Forecast: Current Account Balance (USD bn) | 66.020 2028 | yearly | 1980 - 2028 |
| Net International Investment Position (USD mn) | 779,876.500 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| BoP: CA: G&S: Goods: Exports fob (USD mn) | 53,778.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: Services (SV) (USD mn) | -2,093.900 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: Goods: Imports fob (USD mn) | 42,392.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: SV: Debit (USD mn) | 10,277.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: G&S: SV: Credit (USD mn) | 8,183.800 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: Secondary Incomes: Credit (USD mn) | 873.600 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: Direct Investment (DI) (USD mn) | 6,056.900 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CA: Secondary Incomes: Debit (USD mn) | 1,713.900 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: Portfolio Investment (PI) (USD mn) | 407.400 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: PI: Portfolio Investment Asset (PIA) (USD mn) | 3,416.100 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: Financial Derivatives (FD) (USD mn) | -484.100 May 2018 | monthly | Mar 1987 - May 2018 |
| BoP: CF: FA: PI: Portfolio Investment Liabilities (PIL) (USD mn) | 3,008.700 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: DI: Direct Investment Assets (USD mn) | 6,294.200 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: FD: Assets (USD mn) | -4,690.900 May 2018 | monthly | Mar 1987 - May 2018 |
| BoP: CF: FA: FD: Liabilities (USD mn) | -4,206.800 May 2018 | monthly | Mar 1987 - May 2018 |
| BoP: CF: FA: Other Investment (OI) (USD mn) | -2,828.400 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: OI: Other Investment Assets (OIA) (USD mn) | 4,833.400 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: CF: FA: OI: Other Investment Liabilities (OIL) (USD mn) | 7,661.800 May 2018 | monthly | Jan 1980 - May 2018 |
| BoP: sa: CA: Primary Income: Credit (USD mn) | 6,100.500 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: Secondary Income: Credit (USD mn) | 802.100 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: G&S: Goods: Imports fob (USD mn) | 49,468.000 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: G&S: Services: Debit (USD mn) | 13,034.100 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: G&S: Goods (USD mn) | 8,227.000 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: G&S: Goods: Exports fob (USD mn) | 57,695.000 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: G&S: Services (USD mn) | -2,186.800 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: Primary Income (USD mn) | 2,187.800 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: Secondary Income: Debit (USD mn) | 1,359.000 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: Primary Income: Debit (USD mn) | 3,912.700 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: Secondary Income (USD mn) | -556.900 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| BoP: sa: CA: G&S: Services: Credit (USD mn) | 10,847.300 Feb 2024 | monthly | Jan 1980 - Feb 2024 |
| International Investment Position: Liabilities (USD mn) | 1,507,236.500 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| International Investment Position: Net (USD mn) | 779,876.500 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| International Investment Position: Assets (USD mn) | 2,287,113.000 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| External Debt: Gross: Long Term (LT) (USD mn) | 527,428.300 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| ODI: Total Invested: Real Estate (USD mn) | 725,563.42 Jun 2018 | monthly | Dec 1980 - Jun 2018 |
| Smalll Business Health Index (SBHI): Economic Outlook (EO) (Index) | 72.400 Feb 2024 | monthly | Jan 2015 - Feb 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 0.4 Dec 2023 | quarterly | Jun 2001 - Dec 2023 |
| Household Debt: % of GDP (%) | 103.5 Dec 2023 | quarterly | Dec 2002 - Dec 2023 |
| Non-Performing Loans (USD mn) | 7,165.465 Dec 2023 | quarterly | Jun 2001 - Dec 2023 |
| Money Supply M1 (USD mn) | 916,308.413 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Money Supply M2 (USD mn) | 2,934,712.413 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| M2 Growth (%) | 3.8 Jan 2024 | monthly | Jan 1971 - Jan 2024 |
| Reserve Requirement Ratio (%) | 7.0 Mar 2024 | monthly | Nov 1979 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 395,420.3 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 7.000 Mar 2024 | monthly | Nov 1979 - Mar 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 7.6 Mar 2024 | monthly | Jan 1971 - Mar 2024 |
| Gold Reserves (USD mn) | 4,794.759 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Total Deposits (USD mn) | 1,873,942.617 Jan 2024 | monthly | Sep 1992 - Jan 2024 |
| Total Deposits Growth (%) | 3.8 Jan 2024 | monthly | Sep 1993 - Jan 2024 |
| Domestic Credit (USD mn) | 3,462,458.6 Feb 2024 | monthly | Dec 2001 - Feb 2024 |
| Domestic Credit Growth (%) | 4.9 Feb 2024 | monthly | Dec 2002 - Feb 2024 |
| Debt Service Ratio: Households (%) | 14.200 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 23.800 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Credit to Households (USD bn) | 1,663.027 Sep 2023 | quarterly | Dec 1962 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 3,695.718 Sep 2023 | quarterly | Dec 1962 - Sep 2023 |
| Household Debt (USD mn) | 1,742,901.9 Mar 2023 | quarterly | Dec 2002 - Mar 2023 |
| Total Loans (USD mn) | 1,704,813.020 Jan 2024 | monthly | Jan 1965 - Jan 2024 |
| Total Loans Growth (%) | 4.94 Jan 2024 | monthly | Jan 1966 - Jan 2024 |
| Private Debt: % of Nominal GDP (%) | 176.79 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Money Supply: New M2: Certificate of Deposit (KRW bn) | 24,533.00 Mar 2018 | monthly | Jun 1984 - Mar 2018 |
| Money Supply: New M1: sa (KRW bn) | 1,223,180.100 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Money Supply: New M2: sa (KRW bn) | 3,917,547.600 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Deposits: CSB: Households (KRW bn) | 614,344.50 Mar 2018 | monthly | Jan 1975 - Mar 2018 |
| Deposits: CSB: Corporations (KRW bn) | 396,621.30 Mar 2018 | monthly | Jan 1975 - Mar 2018 |
| Loans of CSBs: CH: Corporate (KRW bn) | 796,021.70 Mar 2018 | monthly | Dec 2006 - Mar 2018 |
| Loans of Commercial and Specialized Banks (CSB): Total (KRW bn) | 1,525,815.40 Mar 2018 | monthly | Jan 1965 - Mar 2018 |
| KR: Non-performing Loans (NPL): Commercial & Specialized Banks (KRW bn) | 12,186.500 Dec 2018 | quarterly | Jun 2001 - Dec 2018 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 9.0 Mar 2024 | monthly | Feb 2004 - Mar 2024 |
| Busniess Survey Index: Forecast: Manufacturing: sa (NA) | 81.000 Jul 2018 | monthly | Feb 2003 - Jul 2018 |
| Business Survey Index: Forecast: Non-manufacturing: sa (NA) | 81.000 Jul 2018 | monthly | Feb 2003 - Jul 2018 |
| BSI: Forecast: BC: Services (NA) | 81.000 Jul 2018 | monthly | Sep 2009 - Jul 2018 |
| Business Survey Index: Actual: Manufacturing: sa (NA) | 79.000 Jun 2018 | monthly | Jan 2003 - Jun 2018 |
| Business Survey Index: Actual: Non-manufacturing: sa (NA) | 79.000 Jun 2018 | monthly | Jan 2003 - Jun 2018 |
More Indicators for South Korea
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