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.

South Korea Consumer Spending
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Forecast Data Chart
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South Korea Consumer Last Previous Highest Lowest Unit
Consumer Confidence 96.00 99.50 120.60 69.40 Index Points [+]
Retail Sales MoM 0.20 -2.10 5.50 -12.40 percent [+]
Retail Sales YoY 5.00 0.40 20.20 -21.50 percent [+]
Consumer Spending 191478.00 190580.50 191478.00 6809.67 KRW Billion [+]
Disposable Personal Income 1722492.80 1632613.90 1722492.80 2866.70 KRW Billion [+]
Personal Savings 8.80 8.80 25.80 1.10 percent [+]
Consumer Credit 1514376.90 1493155.50 1514376.90 142746.90 KRW Billion [+]
Bank Lending Rate 3.64 3.61 17.01 3.23 percent [+]
Households Debt To GDP 95.20 94.80 95.20 1.40 percent of GDP [+]
Gasoline Prices 1.34 1.48 1.84 0.54 USD/Liter [+]
Consumer Confidence Current Conditions 96.00 93.00 117.00 25.00 [+]
Consumer Confidence Economic Expectations 109.00 112.00 122.00 49.00 [+]
Consumer Confidence Financial Expectations 103.00 103.00 107.00 82.00 [+]
Consumer Confidence Major Purchases Expectations 97.00 96.00 97.00 73.00 [+]
Consumer Confidence Price Trends 139.00 139.00 163.00 129.00 [+]
Consumer Confidence Savings Expectations 97.00 97.00 102.00 82.00 [+]
Consumer Confidence Unemployment Expectations 110.00 121.00 121.00 41.00 [+]


South Korea Consumer Spending

This page provides - South Korea Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Consumer Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
191478.00 190580.50 191478.00 6809.67 1960 - 2018 KRW Billion Quarterly
Constant Prices 2010, SA




Country Last Previous
Argentina 581505.00 Jun/18
Australia 260656.00 Sep/18
Brazil 1105840.80 Sep/18
Canada 1161382.00 Sep/18
China 317509.70 Dec/17
Euro Area 1420.77 Sep/18
France 308517.00 Sep/18
Germany 402.80 Sep/18
India 18516.44 Sep/18
Indonesia 1440841.50 Sep/18
Italy 242025.00 Sep/18
Japan 299902.60 Sep/18
Mexico 12318801.00 Jun/18
Netherlands 82352.00 Sep/18
Russia 11505.40 Jun/18
Saudi Arabia 279738.00 Jun/18
Singapore 38374.40 Sep/18
South Africa 1935614.00 Sep/18
South Korea 191478.00 Sep/18
Spain 172064.00 Sep/18
Switzerland 92700.20 Sep/18
Turkey 269714419.80 Sep/18
United Kingdom 334676.00 Sep/18
United States 12957.22 Sep/18


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