Consumer Spending in South Korea increased to 213186.30 KRW Billion in the second quarter of 2020 from 210078.60 KRW Billion in the first quarter of 2020.
Consumer Spending in South Korea averaged 89182.02 KRW Billion from 1960 until 2020, reaching an all time high of 224585.80 KRW Billion in the fourth quarter of 2019 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 September of 2020. source: The Bank of Korea
Consumer Spending in South Korea is expected to be 221376.00 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 217393.00 in 12 months time. In the long-term, the South Korea Consumer Spending is projected to trend around 232027.00 KRW Billion in 2021 and 237828.00 KRW Billion in 2022, according to our econometric models.