Consumer Spending in South Korea decreased to 220525.40 KRW Billion in the third quarter of 2021 from 221145.50 KRW Billion in the second quarter of 2021. source: The Bank of Korea

Consumer Spending in South Korea averaged 91769.14 KRW Billion from 1960 until 2021, reaching an all time high of 225854.60 KRW Billion in the fourth quarter of 2019 and a record low of 7263.90 KRW Billion in the first quarter of 1960. This page provides - South Korea Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Consumer Spending - values, historical data and charts - was last updated on January of 2022.

Consumer Spending in South Korea is expected to be 216961.00 KRW Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Consumer Spending is projected to trend around 232594.00 KRW Billion in 2023 and 239339.00 KRW Billion in 2024, according to our econometric models.

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South Korea Consumer Spending

Related Last Previous Unit Reference
Consumer Confidence 104.40 103.90 points Jan/22
Consumer Spending 220525.40 221145.50 KRW Billion Sep/21
Disposable Personal Income 1938678.90 1925872.90 KRW Billion Dec/20
Personal Savings 35.80 37.40 percent Jun/21
Consumer Credit 1844893.30 1805866.70 KRW Billion Sep/21
Bank Lending Rate 3.23 3.07 percent Nov/21
Economic Optimism Index 105.00 106.00 Net Balance Dec/21