Consumer Credit in South Korea increased to 1726091.30 KRW Billion in the fourth quarter of 2020 from 1681841.60 KRW Billion in the third quarter of 2020. source: The Bank of Korea

Consumer Credit in South Korea averaged 718416.64 KRW Billion from 1995 until 2020, reaching an all time high of 1726091.30 KRW Billion in the fourth 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 April of 2021.

Consumer Credit in South Korea is expected to be 1688010.00 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 1770970.00 in 12 months time. In the long-term, the South Korea Credit to Households is projected to trend around 1822321.00 KRW Billion in 2022 and 1875168.00 KRW Billion in 2023, according to our econometric models.

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South Korea Credit to Households

Actual Previous Highest Lowest Dates Unit Frequency
1726091.30 1681841.60 1726091.30 142746.90 1995 - 2020 KRW Billion Quarterly
Current Prices, NSA

South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 100.50 97.40 121.50 67.70 points [+]
Retail Sales MoM -0.80 1.60 6.00 -12.50 percent [+]
Retail Sales YoY 8.40 0.00 20.20 -21.50 percent [+]
Consumer Spending 209654.40 212925.80 224585.80 7263.90 KRW Billion [+]
Disposable Personal Income 1938678.90 1925872.90 1938678.90 2866.70 KRW Billion [+]
Personal Savings 35.70 34.50 42.70 13.40 percent [+]
Consumer Credit 1726091.30 1681841.60 1726091.30 142746.90 KRW Billion [+]
Bank Lending Rate 2.74 2.72 17.01 2.63 percent [+]
Economic Optimism Index 101.00 97.00 117.00 55.00 Net Balance [+]
Gasoline Prices 1.35 1.31 1.84 0.54 USD/Liter [+]
Households Debt To GDP 101.10 98.60 101.10 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 [+]