South Korea Household Saving Ratio - Forecast

Personal Savings in South Korea is expected to be 9.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Household Saving Ratio is projected to trend around 11.40 percent in 2020, according to our econometric models.


South Korea Household Saving Ratio
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South Korea Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence 110 107 106 101 105 102
Retail Sales MoM -4 0.03 0.1 0.34 0.5 0.9
Retail Sales YoY 2.2 3.37 4.2 4.64 4.5 6
Consumer Spending 188603 188000 186000 191005 195000 201000
Disposable Personal Income 1632614 1633486 1630735 1671048 1689829 1849979
Personal Savings 9.3 9.8 9.8 9.73 9.8 11.4
Consumer Credit 1450894 1478714 1505318 1529314 1551667 1698407
Bank Lending Rate 3.62 3.79 3.4 4.18 3.55 3.7
Households Debt To Gdp 93.8 93.3 94 94.69 94.72 94.38
Gasoline Prices 1.46 1.45 1.41 1.35 1.31 1.1
Consumer Confidence Current Conditions 96 84.21 80.26 77.77 76.27 74.19
Consumer Confidence Economic Expectations 109 95.8 93.2 91.51 90.41 88.42
Consumer Confidence Financial Expectations 103 99.95 99.56 99.4 99.34 99.31
Consumer Confidence Major Purchases Expectations 97 93.3 92.42 91.93 91.67 91.42
Consumer Confidence Price Trends 139 140 140 141 141 142
Consumer Confidence Savings Expectations 97 95.18 94.82 94.6 94.46 94.24
Consumer Confidence Unemployment Expectations 110 91.79 89.75 88.36 87.42 85.55