South Korea Household Saving Ratio

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.

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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		[+]

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

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Country	Last		Previous	Range
Australia	2.40	Sep/18	2.8	20.4 : -1.9	%
Canada	0.80	Sep/18	3.4	19.9 : 0.8	%
China	0.35	Dec/18	0.35	3.15 : 0.35	%
Euro Area	12.08	Jun/18	11.95	14.32 : 11.76	%
France	14.32	Jun/18	13.68	21.82 : 10.38	%
Germany	10.70	Sep/18	10.2	17.3 : 7.8	%
India	26099.21	Dec/16	25430	26099 : 6.34	INR Billion
Italy	8.60	Jun/18	7.6	13.5 : 6.8	%
Japan	22.50	Oct/18	12.5	51.1 : -9.9	%
Mexico	21.50	Dec/17	20.6	25.7 : 19.8	%
Netherlands	24.60	Jun/18	7.51	28.76 : 2.26	%
South Africa	0.20	Sep/18	0.4	23.8 : -2.7	%
South Korea	8.80	Dec/17	8.8	25.8 : 1.1	%
Spain	12.45	Jun/18	-4.18	20.01 : -4.18	%
Switzerland	13.50	Dec/17	14.4	14.4 : 6.5	%
United Kingdom	4.40	Jun/18	4.3	15.2 : -0.9	%
United States	6.20	Oct/18	6.2	17.3 : 2.2	%