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Vehicles production in South Korea drops in 2017

Compared with one year earlier the indicator slightly diminished by 2.69%, according to figures presented by OICA. Vehicle production hardly dropped by 113 596, as it follows the tendency of the prior year when it went down by 7.19 percent. South Korea saw a rise of 46.01% in vehicle production during the last 21 years. Still it has attained a drop at a 0.02 percent compound average annual growth rate over the last 5 years with a modest overall increase since the start of observations. It averaged 3 708 277.95 from 1997 to 2017 and it attained its all-time high of 4 657 094 in 2011 and record low of 1 954 494 in 1998.

Vehicles production in South Korea drops in 2017
Date Number Variation
2017 4 114 913.00 -2.69
2016 4 228 509.00 -7.19
2015 4 555 957.00 0.69
2014 4 524 932.00 0.08
2013 4 521 429.00 -0.88
2012 4 561 766.00 -2.05
2011 4 657 094.00 9.02
2010 4 271 741.00 21.6
2009 3 512 926.00 -8.2
2008 3 826 682.00 -6.35

Related Statistics

Vehicle Production in other Countries

Main Motor Vehicle Indicators

  • Vehicle Import

    Import of vehicles, usually measured in volume (million units) or value (million or billion US Dollars or other currency). This includes passenger cars as well as commercial vehicles. Based on: International Organization of Motor Vehicle Manufacturers.

  • Vehicle Export

    Export of vehicles, usually measured in volume (million units) or value (million or billion US Dollars or other currency). This includes passenger cars as well as commercial vehicles. Based on: International Organization of Motor Vehicle Manufacturers.

  • Vehicle Production

    Number of manufactured vehicles, usually measured in thousands or millions of vehicles. This includes passenger cars as well as commercial vehicles. Based on: International Organization of Motor Vehicle Manufacturers.

  • Vehicle Registration

    Number of commercial vehicles newly (first-time) registered to authorities. This includes passenger cars as well as commercial vehicles. Based on: International Organization of Motor Vehicle Manufacturers.

  • Truck Import

  • Truck Export

  • Motorcycle Import

  • Motorcycle Export

  • Bus Import