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:

South Korea Motor Vehicle Production

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

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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South Korea Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.3 Jun 2024 quarterly Jun 2000 - Jun 2024
Consolidated Fiscal Balance (USD mn) -1,904.263 Sep 2024 monthly Jul 1999 - Sep 2024
Tax Revenue (USD mn) 17,359.304 Sep 2024 monthly Jan 2000 - Sep 2024
Tax Revenue: % of GDP (%) 13.2 Jun 2024 quarterly Mar 2000 - Jun 2024
National Government Debt (USD mn) 873,499.9 Sep 2024 quarterly Sep 2002 - Sep 2024
Government Debt: % of GDP (%) 46.1 Jun 2024 quarterly Sep 2002 - Jun 2024
Forecast: Government Expenditure (KRW bn) 700,035.486 2029 yearly 1995 - 2029
Forecast: Government Net Debt (KRW bn) 1,793,717.560 2029 yearly 1990 - 2029
Forecast: Government Revenue (KRW bn) 701,179.384 2029 yearly 1995 - 2029
National Debt (ND) (KRW bn) 1,126,800.000 2023 yearly 1997 - 2023
Central Govt Debt: Foreign (KRW bn) 10,362.000 Jun 2024 quarterly Dec 2002 - Jun 2024
Central Govt Debt (KRW bn) 1,145,896.000 Jun 2024 quarterly Sep 2002 - Jun 2024
Central Govt Debt: Domestic (KRW bn) 1,135,534.000 Jun 2024 quarterly Dec 2002 - Jun 2024
Central Govt Debt: Short-Term (KRW bn) 0.000 Jun 2024 quarterly Sep 2002 - Jun 2024
Central Govt Debt: Medium & Long Term (KRW bn) 1,145,700.000 Jun 2024 quarterly Sep 2002 - Jun 2024
Central Govt Debt (KRW bn) 1,148,600.000 Sep 2024 monthly Jan 2014 - Sep 2024
Public Sector Debt (KRW bn) 1,588,700.000 2022 yearly 2011 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.037 2029 yearly 1980 - 2029
Trade Balance (USD mn) 3,153.1 Oct 2024 monthly Jan 1966 - Oct 2024
Total Exports (USD mn) 57,500.1 Oct 2024 monthly Jan 1966 - Oct 2024
Total Exports Growth (%) 4.6 Oct 2024 monthly Jan 1967 - Oct 2024
Aluminum: Exports (USD th) 3,728,290.173 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,033,252.045 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 8,582,131.205 2023 yearly 1995 - 2023
Total Imports (USD mn) 54,347.0 Oct 2024 monthly Jan 1966 - Oct 2024
Total Imports Growth (%) 1.7 Oct 2024 monthly Jan 1967 - Oct 2024
Imports: Medicament (USD th) 4,791,545.717 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 6,039,256.682 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 10,401.559 Oct 2024 monthly Apr 1964 - Oct 2024
Total Imports from USA (USD mn) 5,971.769 Oct 2024 monthly Apr 1964 - Oct 2024
Total Exports to China (USD mn) 12,176.591 Oct 2024 monthly Jan 1988 - Oct 2024
Total Imports from China (USD mn) 12,515.149 Oct 2024 monthly Jan 1988 - Oct 2024
Trade Balance: First 10 days (USD mn) -855.717 Nov 2024 monthly Jan 2016 - Nov 2024
Imports: First 10 days (USD mn) 15,765.138 Nov 2024 monthly Jan 2016 - Nov 2024
Exports: First 10 days (USD mn) 14,909.421 Nov 2024 monthly Jan 2016 - Nov 2024
Imports: Middle East: Qatar (USD th) 1,289,584.000 Oct 2024 monthly Jan 1993 - Oct 2024
Imports: Natural Gas: Quantity (Ton th) 4,552.00 Feb 2018 monthly Nov 1990 - Feb 2018
Motor Vehicle: Exports (Unit) 243,408.000 Oct 2024 monthly Jan 1981 - Oct 2024
Export Value Index (2015=100) 122.334 2021 yearly 1980 - 2021
Import Value Index (2015=100) 140.915 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,469.2 Sep 2024 monthly Jan 1980 - Sep 2024
Current Account Balance (USD mn) 8,186.7 Sep 2024 monthly Jan 1980 - Sep 2024
Current Account Balance: % of GDP (USD mn) 8,186.7 Sep 2024 monthly Jan 1980 - Sep 2024
Foreign Direct Investment (USD mn) 2,558.8 Jun 2023 monthly Jan 1980 - Jun 2023
Foreign Direct Investment: % of GDP (%) 0.6 Jun 2024 quarterly Mar 1980 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,244.800 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 1.2 Jun 2024 quarterly Mar 1980 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -4,992.2 Sep 2024 quarterly Mar 1980 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 10,237.000 Sep 2024 quarterly Mar 1980 - Sep 2024
External Debt (USD mn) 658,284.1 Jun 2024 quarterly Dec 1994 - Jun 2024
External Debt: % of GDP (%) 36.6 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 141,962.9 Jun 2024 quarterly Dec 1994 - Jun 2024
External Debt: Short Term: % of GDP (%) 7.7 2023 yearly 1994 - 2023
Total Debt: % of GDP (%) 701.8 Jun 2024 quarterly Dec 2008 - Jun 2024
Forecast: Current Account Balance (USD bn) 97.775 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 858,450.400 Jun 2024 quarterly Dec 1994 - Jun 2024
BoP: CA: G&S: SV: Credit (USD mn) 8,183.800 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: Secondary Incomes: Credit (USD mn) 873.600 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: Direct Investment (DI) (USD mn) 6,056.900 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: 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: PI: Portfolio Investment Liabilities (PIL) (USD mn) 3,008.700 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: 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: CA: G&S: Goods: Imports fob (USD mn) 42,392.700 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: Exports fob (USD mn) 53,778.700 May 2018 monthly Jan 1980 - May 2018
BoP: sa: CA: Secondary Income: Credit (USD mn) 851.500 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Primary Income: Credit (USD mn) 6,152.700 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) 54,393.200 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Services: Debit (USD mn) 13,886.000 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) 62,233.500 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Goods (USD mn) 7,840.300 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Services (USD mn) -2,074.100 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Primary Income (USD mn) 2,885.800 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Secondary Income: Debit (USD mn) 1,316.800 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: G&S: Services: Credit (USD mn) 11,811.900 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Primary Income: Debit (USD mn) 3,266.900 Sep 2024 monthly Jan 1980 - Sep 2024
BoP: sa: CA: Secondary Income (USD mn) -465.300 Sep 2024 monthly Jan 1980 - Sep 2024
International Investment Position: Liabilities (USD mn) 1,536,744.900 Jun 2024 quarterly Dec 1994 - Jun 2024
International Investment Position: Net (USD mn) 858,450.400 Jun 2024 quarterly Dec 1994 - Jun 2024
International Investment Position: Assets (USD mn) 2,395,195.300 Jun 2024 quarterly Dec 1994 - Jun 2024
External Debt: Gross: Long Term (LT) (USD mn) 516,321.200 Jun 2024 quarterly Dec 1994 - Jun 2024
Outward Direct Investment: Total Invested (USD mn) 4,400.508 Jun 2024 monthly Jan 1981 - Jun 2024
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) 74.400 Oct 2024 monthly Jan 2015 - Oct 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 Sep 2024 quarterly Jun 2001 - Sep 2024
Household Debt: % of GDP (%) 93.9 Jun 2024 quarterly Dec 2002 - Jun 2024
Non-Performing Loans (USD mn) 8,138.926 Sep 2024 quarterly Jun 2001 - Sep 2024
Money Supply M1 (USD mn) 943,048.428 Sep 2024 monthly Jan 1970 - Sep 2024
Money Supply M2 (USD mn) 3,106,310.174 Sep 2024 monthly Jan 1970 - Sep 2024
M2 Growth (%) 6.7 Sep 2024 monthly Jan 1971 - Sep 2024
Reserve Requirement Ratio (%) 7.0 Oct 2024 monthly Nov 1979 - Oct 2024
Foreign Exchange Reserves (USD mn) 391,672.1 Oct 2024 monthly Dec 1956 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 7.000 Oct 2024 monthly Nov 1979 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 7.2 Oct 2024 monthly Jan 1971 - Oct 2024
Gold Reserves (USD mn) 4,794.759 Oct 2024 monthly Dec 1956 - Oct 2024
Total Deposits (USD mn) 1,989,631.086 Sep 2024 monthly Sep 1992 - Sep 2024
Total Deposits Growth (%) 5.4 Sep 2024 monthly Sep 1993 - Sep 2024
Domestic Credit (USD mn) 3,624,438.3 Sep 2024 monthly Dec 2001 - Sep 2024
Domestic Credit Growth (%) 5.3 Sep 2024 monthly Dec 2002 - Sep 2024
Debt Service Ratio: Households (%) 14.100 Dec 2023 quarterly Mar 1999 - Dec 2023
Debt Service Ratio: Private Non-Financial Sector (%) 23.600 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 1,731.240 Dec 2023 quarterly Dec 1962 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 3,838.578 Dec 2023 quarterly Dec 1962 - Dec 2023
Household Debt (USD mn) 1,742,901.9 Mar 2023 quarterly Dec 2002 - Mar 2023
Total Loans (USD mn) 1,810,289.975 Sep 2024 monthly Jan 1965 - Sep 2024
Total Loans Growth (%) 6.36 Sep 2024 monthly Jan 1966 - Sep 2024
Private Debt: % of Nominal GDP (%) 162.85 Jun 2024 quarterly Mar 1991 - Jun 2024
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) 1,240,052.100 Sep 2024 monthly Jan 1970 - Sep 2024
Money Supply: New M2: sa (KRW bn) 4,084,611.500 Sep 2024 monthly Jan 1970 - Sep 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
Loans of CSBs: CH: Household (KRW tn) 1,139.500 Oct 2024 monthly Dec 2013 - Oct 2024
Loans of CSBs: Corporate and Household (CH) (KRW tn) 2,463.800 Oct 2024 monthly Dec 2013 - Oct 2024
Loans of CSBs: CH: Household: Mortgage (KRW tn) 900.300 Oct 2024 monthly Dec 2013 - Oct 2024
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) 2.0 Nov 2024 monthly Feb 2004 - Nov 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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