Consumer Spending in South Korea increased to 221900.10 KRW Billion in the second quarter of 2019 from 220417.20 KRW Billion in the first quarter of 2019. Consumer Spending in South Korea averaged 84312.53 KRW Billion from 1960 until 2019, reaching an all time high of 221900.10 KRW Billion in the second quarter of 2019 and a record low of 6809.67 KRW Billion in the first quarter of 1960.

Consumer Spending in South Korea is expected to be 223596.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in South Korea to stand at 224605.00 in 12 months time. In the long-term, the South Korea Consumer Spending is projected to trend around 232658.00 KRW Billion in 2020, according to our econometric models.

South Korea Consumer Spending
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South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 95.90 97.90 120.60 69.40 Index Points [+]
Retail Sales MoM -1.60 0.90 5.50 -12.40 percent [+]
Retail Sales YoY 1.20 3.40 20.20 -21.50 percent [+]
Consumer Spending 221900.10 220417.20 221900.10 6809.67 KRW Billion [+]
Disposable Personal Income 1770713.90 1722492.80 1770713.90 2866.70 KRW Billion [+]
Personal Savings 8.80 8.80 25.80 1.10 percent [+]
Consumer Credit 1540043.80 1536712.30 1540043.80 142746.90 KRW Billion [+]
Bank Lending Rate 3.49 3.62 17.01 3.23 percent [+]
Households Debt To GDP 97.70 96.90 97.70 1.40 percent of GDP [+]
Economic Optimism Index 89.00 92.00 117.00 55.00 Net Balance [+]
Gasoline Prices 1.26 1.30 1.84 0.54 USD/Liter [+]
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 [+]


South Korea Consumer Spending

This page provides - South Korea Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Consumer Spending - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
221900.10 220417.20 221900.10 6809.67 1960 - 2019 KRW Billion Quarterly
Constant Prices 2010, SA




Country Last Previous
Argentina 500964.00 Mar/19
Australia 262566.00 Mar/19
Brazil 1111386.80 Mar/19
Canada 1177409.00 Mar/19
China 348209.60 Dec/18
Euro Area 1433.28 Mar/19
France 311327.00 Jun/19
Germany 408.97 Mar/19
India 21111.41 Mar/19
Indonesia 1467542.40 Jun/19
Italy 242896.90 Mar/19
Japan 302857.90 Jun/19
Mexico 12144804.00 Mar/19
Netherlands 83270.00 Jun/19
Russia 11314.80 Mar/19
Saudi Arabia 284833.00 Mar/19
Singapore 44258.10 Jun/19
South Africa 1946237.00 Mar/19
South Korea 221900.10 Jun/19
Spain 175165.00 Jun/19
Switzerland 93430.10 Mar/19
Turkey 236727780.80 Mar/19
United Kingdom 340546.00 Jun/19
United States 13241.08 Jun/19


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