Consumer Spending in South Korea increased to 223925.40 KRW Billion in the fourth quarter of 2019 from 222265.10 KRW Billion in the third quarter of 2019. South Korea Consumer Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Consumer Spending in South Korea averaged 85469.06 KRW Billion from 1960 until 2019, reaching an all time high of 223925.40 KRW Billion in the fourth quarter of 2019 and a record low of 6809.67 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. source: The Bank of Korea
Consumer Spending in South Korea is expected to be 220124.00 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 227508.00 in 12 months time. In the long-term, the South Korea Consumer Spending is projected to trend around 232513.00 KRW Billion in 2021 and 239256.00 KRW Billion in 2022, according to our econometric models.