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.