Consumer Credit in South Korea increased to 1534631 KRW Billion in the fourth quarter of 2018 from 1514376.90 KRW Billion in the third quarter of 2018. Consumer Credit in South Korea averaged 655998.10 KRW Billion from 1995 until 2018, reaching an all time high of 1534631 KRW Billion in the fourth quarter of 2018 and a record low of 142746.90 KRW Billion in the fourth quarter of 1995.
Consumer Credit in South Korea is expected to be 1551000.00 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 1625000.00 in 12 months time. In the long-term, the South Korea Credit to Households is projected to trend around 1647000.00 KRW Billion in 2020, according to our econometric models.