Consumer Spending in South Korea increased to 191478 KRW Billion in the third quarter of 2018 from 190580.50 KRW Billion in the second quarter of 2018. Consumer Spending in South Korea averaged 75980.64 KRW Billion from 1960 until 2018, reaching an all time high of 191478 KRW Billion in the third quarter of 2018 and a record low of 6809.67 KRW Billion in the first quarter of 1960.
Consumer Spending in South Korea is expected to be 193947.00 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 197290.00 in 12 months time. In the long-term, the South Korea Consumer Spending is projected to trend around 202376.00 KRW Billion in 2020, according to our econometric models.