Consumer Credit in South Korea increased to 1556091.90 KRW Billion in the second quarter of 2019 from 1540043.80 KRW Billion in the first quarter of 2019. Consumer Credit in South Korea averaged 671242.11 KRW Billion from 1995 until 2019, reaching an all time high of 1556091.90 KRW Billion in the second quarter of 2019 and a record low of 142746.90 KRW Billion in the fourth quarter of 1995.
Consumer Credit in South Korea is expected to be 1550224.00 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 1569305.00 in 12 months time. In the long-term, the South Korea Credit to Households is projected to trend around 1624359.00 KRW Billion in 2020, according to our econometric models.