South Korea Credit to Households  Forecast


Consumer Credit in South Korea is expected to be 1410344.20 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 1489940.98 in 12 months time. In the long-term, the South Korea Credit to Households is projected to trend around 1695781.13 KRW Billion in 2020, according to our econometric models.


South Korea Credit to Households
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South Korea Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Consumer Confidence 110 108 106 107 106 102
Retail Sales MoM 0.2 0.9 0.1 0.33 0.1 0.9
Retail Sales YoY 3.5 1.9 5.2 2.76 4.2 6
Consumer Spending 185090 186000 187000 188000 186000 201000
Disposable Personal Income 1632614 1610372 1630735 1630735 1630735 1883369
Personal Savings 9.3 9 9 9.8 9.8 11.4
Consumer Credit 1388291 1410344 1444487 1462072 1489941 1695781
Bank Lending Rate 3.45 3.4 3.5 3.91 3.4 3.7
Households Debt To Gdp 93 94.96 95.56 93.3 94 98.49
Gasoline Prices 1.3 1.25 1.21 1.2 1.19 1.18
Consumer Confidence Current Conditions 96 95.94 95.6 95.61 95.61 95.61
Consumer Confidence Economic Expectations 109 111 111 111 111 111
Consumer Confidence Financial Expectations 103 102 103 103 103 103
Consumer Confidence Major Purchases Expectations 97 96.15 94.83 94.84 95.18 95.13
Consumer Confidence Price Trends 139 137 138 138 138 138
Consumer Confidence Savings Expectations 97 96.63 96.59 96.58 96.58 96.57
Consumer Confidence Unemployment Expectations 110 104 107 107 107 107