Consumer Credit in South Korea increased to 1540043.80 KRW Billion in the first quarter of 2019 from 1536712.30 KRW Billion in the fourth quarter of 2018. Consumer Credit in South Korea averaged 663614.10 KRW Billion from 1995 until 2019, reaching an all time high of 1540043.80 KRW Billion in the first quarter of 2019 and a record low of 142746.90 KRW Billion in the fourth quarter of 1995.
Consumer Credit in South Korea is expected to be 1505101.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in South Korea to stand at 1565324.00 in 12 months time. In the long-term, the South Korea Credit to Households is projected to trend around 1622159.00 KRW Billion in 2020, according to our econometric models.