South Korea's gross saving ratio (gross saving/gross national disposable income) stood at 34.6 percent in the second quarter of 2019, 0.1 percentage points higher than in the previous period, as nominal gross national disposable income (2.1 percent) increased more than the final consumption expenditure (2.0 percent). Personal Savings in South Korea averaged 32.56 percent from 1970 until 2019, reaching an all time high of 42.70 percent in the first quarter of 1988 and a record low of 13.40 percent in the third quarter of 1971.

South Korea Household Gross Saving Ratio
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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 Household Gross Saving Ratio

In South Korea, Households Savings correspond to the income saved during a certain period of time. This page provides - South Korea Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Household Gross Saving Ratio - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
34.60 34.50 42.70 13.40 1970 - 2019 percent Quarterly
SA




Country Last Previous
Australia 2.30 Jun/19
Canada 1.70 Jun/19
China 36.10 Dec/16
Euro Area 13.30 Jun/19
France 14.94 Jun/19
Germany 10.80 Jun/19
Italy 8.90 Jun/19
Japan 23.70 Aug/19
Mexico 21.20 Dec/18
Netherlands 25.44 Jun/19
South Africa -0.20 Jun/19
South Korea 34.60 Jun/19
Spain 19.27 Jun/19
Switzerland 12.70 Dec/18
United Kingdom 6.80 Jun/19
United States 8.10 Aug/19


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