Consumer Spending in South Korea decreased to 210041.30 KRW Billion in the first quarter of 2020 from 223925.40 KRW Billion in the fourth quarter of 2019.
Consumer Spending in South Korea averaged 85985.95 KRW Billion from 1960 until 2020, reaching an all time high of 223925.40 KRW Billion in the fourth quarter of 2019 and a record low of 6809.67 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 June of 2020. source: The Bank of Korea
Consumer Spending in South Korea is expected to be 220643.00 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 226613.00 in 12 months time. In the long-term, the South Korea Consumer Spending is projected to trend around 230225.00 KRW Billion in 2021 and 236901.00 KRW Billion in 2022, according to our econometric models.