Consumer Spending in South Korea decreased to 212925.80 KRW Billion in the third quarter of 2020 from 213186.30 KRW Billion in the second quarter of 2020. source: The Bank of Korea

Consumer Spending in South Korea averaged 89691.25 KRW Billion from 1960 until 2020, reaching an all time high of 224585.80 KRW Billion in the fourth quarter of 2019 and a record low of 7263.90 KRW Billion in the first quarter of 1960. This page provides - South Korea Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Consumer Spending - values, historical data and charts - was last updated on November of 2020.

Consumer Spending in South Korea is expected to be 225933.00 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 220378.00 in 12 months time. In the long-term, the South Korea Consumer Spending is projected to trend around 232711.00 KRW Billion in 2021 and 238529.00 KRW Billion in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
South Korea Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
212925.80 213186.30 224585.80 7263.90 1960 - 2020 KRW Billion Quarterly
Constant Prices 2015, SA

South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 97.90 91.60 121.50 67.70 points [+]
Retail Sales MoM 1.70 3.00 5.50 -12.50 percent [+]
Retail Sales YoY 4.40 0.30 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 1637276.40 1611271.40 1637276.40 142746.90 KRW Billion [+]
Bank Lending Rate 2.66 2.63 17.01 2.63 percent [+]
Economic Optimism Index 86.00 73.00 117.00 55.00 Net Balance [+]
Gasoline Prices 1.17 1.15 1.84 0.54 USD/Liter [+]
Households Debt To GDP 95.90 95.50 95.90 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 [+]