Construction output in South Korea decreased 12.90 percent in November of 2024 over the same month in the previous year. Construction Output in South Korea averaged 1.44 percent from 1998 until 2024, reaching an all time high of 26.40 percent in November of 2016 and a record low of -30.50 percent in August of 1998. source: Statistics Korea




Related Last Previous Unit Reference
Construction Orders 5862403.00 7348190.00 KRW Million Oct 2024
Construction Output YoY -12.90 -10.80 percent Nov 2024
Home Ownership Rate 56.40 56.20 percent Dec 2023
House Price Index MoM 0.01 0.07 percent Nov 2024
Housing Index 93.30 93.30 points Nov 2024
Price to Rent Ratio 101.96 102.16 Sep 2024
Residential Property Prices -0.36 -1.00 Percent Sep 2024

South Korea Construction Output
In South Korea, construction output refers to year over year change in the value of construction completed including building construction and civil engineering.
Actual Previous Highest Lowest Dates Unit Frequency
-12.90 -10.80 26.40 -30.50 1998 - 2024 percent Monthly
NSA