Consumer Credit in South Korea increased to 1682119.60 KRW Billion in the third quarter of 2020 from 1637276.40 KRW Billion in the second quarter of 2020. source: The Bank of Korea

Consumer Credit in South Korea averaged 710153.99 KRW Billion from 1995 until 2020, reaching an all time high of 1682119.60 KRW Billion in the third 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 January of 2021.

Consumer Credit in South Korea is expected to be 1630607.00 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 1732583.00 in 12 months time. In the long-term, the South Korea Credit to Households is projected to trend around 1775898.00 KRW Billion in 2022 and 1820295.00 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
1682119.60 1637276.40 1682119.60 142746.90 1995 - 2020 KRW Billion Quarterly
Current Prices, NSA

South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 89.80 97.90 121.50 67.70 points [+]
Retail Sales MoM -1.00 -0.90 5.50 -12.50 percent [+]
Retail Sales YoY -1.50 -0.10 20.20 -21.50 percent [+]
Consumer Spending 212925.80 213186.30 224585.80 7263.90 KRW Billion [+]
Disposable Personal Income 1925872.90 1890779.40 1925872.90 2866.70 KRW Billion [+]
Personal Savings 34.50 36.00 42.70 13.40 percent [+]
Consumer Credit 1682119.60 1637276.40 1682119.60 142746.90 KRW Billion [+]
Bank Lending Rate 2.71 2.66 17.01 2.63 percent [+]
Economic Optimism Index 83.00 89.00 117.00 55.00 Net Balance [+]
Gasoline Prices 1.28 1.20 1.84 0.54 USD/Liter [+]
Households Debt To GDP 98.60 95.90 98.60 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 [+]