Household Saving Rate in South Korea remained unchanged at 8.80 percent in 2017 from 8.80 percent in 2016. Personal Savings in South Korea averaged 12.75 percent from 1975 until 2017, reaching an all time high of 25.80 percent in 1988 and a record low of 1.10 percent in 2002.

Personal Savings in South Korea is expected to be 9.10 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 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 Household Saving Ratio

In South Korea, Households Savings correspond to the income saved during a certain period of time. This page provides - South Korea Households Savings - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Household Saving Ratio - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8.80 8.80 25.80 1.10 1975 - 2017 percent Yearly
NSA




Country Last Previous
Australia 2.40 Sep/18
Canada 0.80 Sep/18
China 0.35 Dec/18
Euro Area 12.08 Jun/18
France 14.32 Jun/18
Germany 10.70 Sep/18
India 26099.21 Dec/16
Italy 8.60 Jun/18
Japan 22.50 Oct/18
Mexico 21.50 Dec/17
Netherlands 24.60 Jun/18
South Africa 0.20 Sep/18
South Korea 8.80 Dec/17
Spain 12.45 Jun/18
Switzerland 13.50 Dec/17
United Kingdom 4.40 Jun/18
United States 6.20 Oct/18


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