Consumer Credit in South Korea increased to 1611271.40 KRW Billion in the first quarter of 2020 from 1600132.20 KRW Billion in the fourth quarter of 2019.

Consumer Credit in South Korea averaged 694328.26 KRW Billion from 1995 until 2020, reaching an all time high of 1611271.40 KRW Billion in the first quarter of 2020 and a record low of 142746.90 KRW Billion in the fourth quarter of 1995. This page provides - South Korea Credit to Households - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Credit to Households - values, historical data and charts - was last updated on July of 2020. source: The Bank of Korea

Consumer Credit in South Korea is expected to be 1566369.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in South Korea to stand at 1667666.00 in 12 months time. In the long-term, the South Korea Credit to Households is projected to trend around 1658025.00 KRW Billion in 2021 and 1699476.00 KRW Billion in 2022, according to our econometric models.

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South Korea Credit to Households

Actual Previous Highest Lowest Dates Unit Frequency
1611271.40 1600132.20 1611271.40 142746.90 1995 - 2020 KRW Billion Quarterly
Current Prices, NSA

South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 81.80 77.60 121.50 67.70 points [+]
Retail Sales MoM 4.60 5.30 5.50 -12.50 percent [+]
Retail Sales YoY 1.70 -2.20 20.20 -21.50 percent [+]
Consumer Spending 210041.30 223925.40 223925.40 6809.67 KRW Billion [+]
Disposable Personal Income 1925872.90 1890779.40 1925872.90 2866.70 KRW Billion [+]
Personal Savings 35.00 34.60 42.70 13.40 percent [+]
Consumer Credit 1611271.40 1600132.20 1611271.40 142746.90 KRW Billion [+]
Bank Lending Rate 2.82 2.80 17.01 2.80 percent [+]
Economic Optimism Index 63.00 58.00 117.00 55.00 Net Balance [+]
Gasoline Prices 1.12 1.02 1.84 0.54 USD/Liter [+]
Households Debt To GDP 95.50 93.90 95.50 1.40 percent of GDP [+]
Consumer Confidence Current Conditions 96.00 93.00 117.00 25.00 [+]
Consumer Confidence Economic Expectations 109.00 112.00 122.00 49.00 [+]
Consumer Confidence Financial Expectations 103.00 103.00 107.00 82.00 [+]
Consumer Confidence Major Purchases Expectations 97.00 96.00 97.00 73.00 [+]
Consumer Confidence Price Trends 139.00 139.00 163.00 129.00 [+]
Consumer Confidence Savings Expectations 97.00 97.00 102.00 82.00 [+]
Consumer Confidence Unemployment Expectations 110.00 121.00 121.00 41.00 [+]