Consumer Spending in South Korea increased to 221901.20 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 221901.20 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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Forecast Data Chart
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South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 96.90 92.50 120.60 69.40 Index Points [+]
Retail Sales MoM 3.90 -0.90 5.50 -12.40 percent [+]
Retail Sales YoY 4.10 -0.30 20.20 -21.50 percent [+]
Consumer Spending 221901.20 220417.20 221901.20 6809.67 KRW Billion [+]
Disposable Personal Income 1890779.40 1836741.90 1890779.40 2866.70 KRW Billion [+]
Personal Savings 34.60 34.50 42.70 13.40 percent [+]
Consumer Credit 1556091.90 1540043.80 1556091.90 142746.90 KRW Billion [+]
Bank Lending Rate 3.19 3.40 17.01 3.19 percent [+]
Economic Optimism Index 91.00 88.00 117.00 55.00 Net Balance [+]
Gasoline Prices 1.28 1.23 1.84 0.54 USD/Liter [+]
Households Debt To GDP 92.10 91.90 92.10 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 [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
221901.20 220417.20 221901.20 6809.67 1960 - 2019 KRW Billion Quarterly
Constant Prices 2015, SA




Country Last Previous
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Australia 263544.00 Jun/19
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Canada 1177341.00 Jun/19
China 348209.60 Dec/18
Euro Area 1429.75 Jun/19
France 311496.00 Jun/19
Germany 426.09 Jun/19
India 19744.38 Jun/19
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Mexico 12279080.00 Jun/19
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Saudi Arabia 289362.00 Jun/19
Singapore 44258.10 Jun/19
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South Korea 221901.20 Jun/19
Spain 175609.00 Jun/19
Switzerland 93515.60 Jun/19
Turkey 251577716.40 Jun/19
United Kingdom 338155.00 Jun/19
United States 13253.38 Jun/19


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