Consumer Spending in South Korea increased to 234667.40 KRW Billion in the third quarter of 2022 from 230440.20 KRW Billion in the second quarter of 2022. source: The Bank of Korea

Consumer Spending in South Korea averaged 93942.98 KRW Billion from 1960 until 2022, reaching an all time high of 234667.40 KRW Billion in the third quarter of 2022 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 December of 2022.

Consumer Spending in South Korea is expected to be 230227.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Consumer Spending is projected to trend around 236443.00 KRW Billion in 2023 and 243300.00 KRW Billion in 2024, according to our econometric models.

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South Korea Consumer Spending

Related Last Previous Unit Reference
Consumer Confidence 86.50 88.80 points Nov 2022
Consumer Spending 234667.40 230440.20 KRW Billion Sep 2022
Disposable Personal Income 2078537.30 1938678.90 KRW Billion Dec 2021
Personal Savings 34.20 35.70 percent Jun 2022
Consumer Credit 1870613.80 1869357.30 KRW Billion Sep 2022
Bank Lending Rate 5.26 4.71 percent Oct 2022
Economic Optimism Index 91.00 96.00 Net Balance Nov 2022