Consumer Spending in South Korea increased to 193328.70 KRW Billion in the fourth quarter of 2018 from 191478 KRW Billion in the third quarter of 2018. Consumer Spending in South Korea averaged 76477.88 KRW Billion from 1960 until 2018, reaching an all time high of 193328.70 KRW Billion in the fourth quarter of 2018 and a record low of 6809.67 KRW Billion in the first quarter of 1960.

Consumer Spending in South Korea is expected to be 191628.00 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 195882.00 in 12 months time. In the long-term, the South Korea Consumer Spending is projected to trend around 203796.00 KRW Billion in 2020, according to our econometric models.

South Korea Consumer Spending
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Forecast Data Chart
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South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 99.80 99.50 120.80 68.50 Index Points [+]
Retail Sales MoM -0.50 0.20 5.50 -12.40 percent [+]
Retail Sales YoY -2.00 4.00 20.20 -21.50 percent [+]
Consumer Spending 193328.70 191478.00 193328.70 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 1534631.00 1514376.90 1534631.00 142746.90 KRW Billion [+]
Bank Lending Rate 3.70 3.73 17.01 3.23 percent [+]
Households Debt To GDP 96.90 96.00 96.90 1.40 percent of GDP [+]
Gasoline Prices 1.22 1.20 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
193328.70 191478.00 193328.70 6809.67 1960 - 2018 KRW Billion Quarterly
Constant Prices 2010, SA




Country Last Previous
Argentina 459458.00 Dec/18
Australia 261905.00 Dec/18
Brazil 1157083.52 Dec/18
Canada 1166783.00 Dec/18
China 317509.70 Dec/17
Euro Area 1424.12 Dec/18
France 308679.00 Dec/18
Germany 402.98 Dec/18
India 20671.40 Dec/18
Indonesia 1441814.00 Dec/18
Italy 242630.50 Dec/18
Japan 300989.90 Dec/18
Mexico 12817024.00 Dec/18
Netherlands 82475.00 Dec/18
Russia 12811.80 Dec/18
Saudi Arabia 282278.00 Dec/18
Singapore 38550.50 Dec/18
South Africa 1950359.00 Dec/18
South Korea 193328.70 Dec/18
Spain 173459.00 Dec/18
Switzerland 93004.10 Dec/18
Turkey 257299893.30 Dec/18
United Kingdom 336990.00 Dec/18
United States 13032.30 Dec/18


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