In 2022, the capacity utilization rate for South Korea's manufacturing industry was 74.8 percent, showing a slight increase from the previous year. Manufacturing capacity utilization fell to about 67.6 percent during the Asian financial crisis in 1998 and has shown a downward trend in recent years, with the exception of 2021, which saw a recovery.
Average capacity utilization rate of the manufacturing industry in South Korea from 1980 to 2022
Characteristic
Capacity utilization rate
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Bank of Korea. (December 1, 2023). Average capacity utilization rate of the manufacturing industry in South Korea from 1980 to 2022 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1323417/south-korea-manufacturing-capacity-utilization-rate/
Bank of Korea. "Average capacity utilization rate of the manufacturing industry in South Korea from 1980 to 2022." Chart. December 1, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1323417/south-korea-manufacturing-capacity-utilization-rate/
Bank of Korea. (2023). Average capacity utilization rate of the manufacturing industry in South Korea from 1980 to 2022. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1323417/south-korea-manufacturing-capacity-utilization-rate/
Bank of Korea. "Average Capacity Utilization Rate of The Manufacturing Industry in South Korea from 1980 to 2022." Statista, Statista Inc., 1 Dec 2023, https://www.statista.com/statistics/1323417/south-korea-manufacturing-capacity-utilization-rate/
Bank of Korea, Average capacity utilization rate of the manufacturing industry in South Korea from 1980 to 2022 Statista, https://www.statista.com/statistics/1323417/south-korea-manufacturing-capacity-utilization-rate/ (last visited August 24, 2024)
Average capacity utilization rate of the manufacturing industry in South Korea from 1980 to 2022 [Graph], Bank of Korea, December 1, 2023. [Online]. Available: https://www.statista.com/statistics/1323417/south-korea-manufacturing-capacity-utilization-rate/