Consumer Credit in South Korea increased to 1514376.90 KRW Billion in the third quarter of 2018 from 1493155.50 KRW Billion in the second quarter of 2018. Consumer Credit in South Korea averaged 648290.80 KRW Billion from 1995 until 2018, reaching an all time high of 1514376.90 KRW Billion in the third quarter of 2018 and a record low of 142746.90 KRW Billion in the fourth quarter of 1995.
Consumer Credit in South Korea is expected to be 1537000.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Credit in South Korea to stand at 1598000.00 in 12 months time. In the long-term, the South Korea Credit to Households is projected to trend around 1647000.00 KRW Billion in 2020, according to our econometric models.