South Korea Consumer Confidence Growth

2009 - 2024 | Monthly | % Point | CEIC Data

Key information about South Korea Consumer Confidence Growth

  • South Korea Consumer Confidence gained 8.7 % Point in Mar 2024, compared with an increase of 11.7 % Point in the previous month.
  • South Korea Consumer Confidence: YoY Change is updated monthly, available from Jul 2009 to Mar 2024, averaged at -0.9 % Point.
  • The data reached an all-time high of 46.7 % Point in Dec 2009 and a record low of -30.6 % Point in Apr 2020.
  • In the latest reports, Retail Sales of South Korea dropped 0.5 % YoY in May 2023.

CEIC calculates Consumer Confidence Change from monthly Consumer Sentiment Index. The Bank of Korea provides Consumer Sentiment Index with range from 0 to 200 with neutral point 100.

View South Korea's Consumer Confidence Growth from Jul 2009 to Mar 2024 in the chart:

South Korea Consumer Confidence Growth

What was South Korea's Consumer Confidence Growth in Mar 2024?

South Korea Consumer Confidence gained 8.7 % Point in Mar 2024, compared with an increase of 11.7 % Point in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
8.7 Mar 2024 11.7 Feb 2024 -30.6 Apr 2020 46.7 Dec 2009 % Point monthly Jul 2009 - Mar 2024

Consumer Confidence Growth by Country Comparison

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country/region Last Frequency Range
Albania (% Point) 0.9 Mar 2024 quarterly Jun 2017 - Mar 2024
Argentina (% Point) -3.0 Mar 2024 monthly Mar 2002 - Mar 2024
Armenia (% Point) 3.0 Jun 2016 quarterly Sep 2006 - Jun 2016
Austria (% Point) 11.0 Dec 2023 monthly Oct 1996 - Dec 2023
Belgium (% Point) 4.0 Mar 2024 monthly Jan 1986 - Mar 2024
Brazil (%) 4.0 Mar 2024 monthly Sep 2006 - Mar 2024
Bulgaria (% Point) 6.6 Mar 2024 monthly May 2002 - Mar 2024
Chile (% Point) 7.8 Jun 2023 monthly Mar 2003 - Jun 2023
China (% Point) -5.6 Feb 2024 monthly Jan 1991 - Feb 2024
Colombia (% Point) 18.4 Feb 2024 monthly Nov 2002 - Feb 2024
Croatia (% Point) 12.3 Mar 2024 monthly May 2006 - Mar 2024
Cyprus (% Point) -5.9 Mar 2024 monthly May 2002 - Mar 2024
Czech Republic (% Point) 11.0 Mar 2024 monthly Jan 1999 - Mar 2024
Denmark (% Point) 15.5 Mar 2024 monthly Oct 1975 - Mar 2024
Ecuador (% Point) 5.3 Feb 2024 monthly Dec 2015 - Feb 2024
Estonia (% Point) -8.6 Mar 2024 monthly Dec 1996 - Mar 2024
European Union (% Point) 5.5 Mar 2024 monthly Jan 1986 - Mar 2024
Finland (% Point) 1.3 Mar 2024 monthly Oct 1996 - Mar 2024
France (% Point) 7.2 Mar 2024 monthly Jan 1986 - Mar 2024
Georgia (% Point) 12.6 Jan 2024 monthly May 2013 - Jan 2024
Germany (% Point) 8.1 Dec 2023 monthly Jan 1986 - Dec 2023
Ghana (%) 17.4 Dec 2023 monthly Oct 2013 - Dec 2023
Greece (% Point) -3.6 Mar 2024 monthly Jan 1986 - Mar 2024
Hong Kong SAR, China (%) 10.5 Sep 2017 quarterly Mar 2001 - Sep 2017
Hungary (% Point) 15.4 Feb 2024 monthly Jan 1997 - Feb 2024
Iceland (% Point) 20.0 Mar 2024 monthly Mar 2002 - Mar 2024
India (% Point) 9.3 Sep 2023 quarterly Dec 2011 - Sep 2023
Indonesia (% Point) 0.7 Feb 2024 monthly Jan 2011 - Feb 2024
Ireland (% Point) -17.7 Jan 2023 monthly Jan 1986 - Jan 2023
Israel (% Point) -7.7 Feb 2024 monthly Mar 2012 - Feb 2024
Italy (% Point) -2.0 Mar 2024 monthly Jan 1986 - Mar 2024
Japan (% Point) 14.6 Feb 2024 monthly Apr 2005 - Feb 2024
South Korea (% Point) 8.7 Mar 2024 monthly Jul 2009 - Mar 2024
Latvia (% Point) 16.1 Dec 2023 monthly Jan 1994 - Dec 2023
Lithuania (% Point) 8.0 Jun 2023 monthly Jan 2014 - Jun 2023
Luxembourg (% Point) 3.5 Mar 2024 monthly Jan 2003 - Mar 2024
Malaysia (% Point) -15.9 Dec 2023 quarterly Mar 1989 - Dec 2023
Malta (% Point) 3.5 Mar 2024 monthly Nov 2003 - Mar 2024
Mexico (% Point) 4.8 Feb 2024 monthly Apr 2002 - Feb 2024
Morocco (% Point) -7.4 Mar 2023 quarterly Mar 2009 - Mar 2023
Netherlands (% Point) 17.0 Mar 2024 monthly Apr 1987 - Mar 2024
New Zealand (% Point) 15.5 Mar 2024 quarterly Mar 2007 - Mar 2024
Nigeria (% Point) -1.3 Dec 2020 quarterly Jun 2010 - Dec 2020
Norway (% Point) 11.1 Feb 2024 monthly Jan 2013 - Feb 2024
Philippines (% Point) -6.7 Jun 2023 quarterly Sep 2005 - Jun 2023
Poland (% Point) 15.6 Jun 2023 monthly Jan 2005 - Jun 2023
Portugal (% Point) 11.7 Mar 2024 monthly Jun 1987 - Mar 2024
Qatar (% Point) -4.1 Mar 2023 quarterly Sep 2014 - Mar 2023
Romania (% Point) -18.5 Apr 2020 monthly May 2002 - Apr 2020
Russia (% Point) 11.0 Mar 2024 quarterly Dec 1999 - Mar 2024
Slovakia (% Point) 12.0 Mar 2024 monthly Apr 2000 - Mar 2024
Slovenia (% Point) 4.0 Mar 2024 monthly Mar 1997 - Mar 2024
South Africa (% Point) 0.0 Jun 2023 quarterly Jun 1983 - Jun 2023
Spain (% Point) 8.0 Mar 2024 monthly Jun 1987 - Mar 2024
Sweden (% Point) 16.0 Mar 2024 monthly Oct 1996 - Mar 2024
Switzerland (% Point) -2.0 Jul 2018 quarterly Oct 1973 - Jul 2018
Taiwan (% Point) 9.0 Mar 2024 monthly Jan 2002 - Mar 2024
Thailand (% Point) 11.2 Feb 2024 monthly Oct 1999 - Feb 2024
Turkey (% Point) -0.8 Mar 2024 monthly Jan 2013 - Mar 2024
United Kingdom (% Point) -7.2 Dec 2020 monthly Jan 1986 - Dec 2020
United States (%) 0.7 Mar 2024 monthly Feb 1968 - Mar 2024

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South Korea Key Series

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Includes 455 key indicators for South Korea, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.0 Sep 2023 quarterly Jun 2000 - Sep 2023
Consolidated Fiscal Balance (USD mn) -6,888.333 Nov 2023 monthly Jul 1999 - Nov 2023
Tax Revenue (USD mn) 9,088.625 Feb 2024 monthly Jan 2000 - Feb 2024
Tax Revenue: % of GDP (%) 22.7 Dec 2023 quarterly Mar 2000 - Dec 2023
National Government Debt (USD mn) 815,782.8 Sep 2023 quarterly Sep 2002 - Sep 2023
Government Debt: % of GDP (%) 49.9 Sep 2023 quarterly Sep 2002 - Sep 2023
Forecast: Government Expenditure (KRW bn) 679,848.650 2028 yearly 1995 - 2028
Forecast: Government Net Debt (KRW bn) 1,606,994.340 2028 yearly 1990 - 2028
Forecast: Government Revenue (KRW bn) 679,687.380 2028 yearly 1995 - 2028
National Debt (ND) (KRW bn) 1,067,700.000 2022 yearly 1997 - 2022
Central Govt Debt: Foreign (KRW bn) 11,791.000 Sep 2023 quarterly Dec 2002 - Sep 2023
Central Govt Debt (KRW bn) 1,099,561.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Central Govt Debt: Domestic (KRW bn) 1,087,771.000 Sep 2023 quarterly Dec 2002 - Sep 2023
Central Govt Debt: Medium & Long Term (KRW bn) 1,099,507.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Central Govt Debt: Short-Term (KRW bn) 0.000 Sep 2023 quarterly Sep 2002 - Sep 2023
Public Sector Debt (KRW bn) 1,588,700.000 2022 yearly 2011 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.043 2028 yearly 1980 - 2028
Trade Balance (USD mn) 4,291.2 Mar 2024 monthly Jan 1966 - Mar 2024
Total Exports (USD mn) 56,571.8 Mar 2024 monthly Jan 1966 - Mar 2024
Total Exports Growth (%) 3.1 Mar 2024 monthly Jan 1967 - Mar 2024
Aluminum: Exports (USD th) 4,568,165.809 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 1,062,354.931 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 6,513,466.420 2022 yearly 1995 - 2022
Total Imports (USD mn) 52,280.7 Mar 2024 monthly Jan 1966 - Mar 2024
Total Imports Growth (%) -12.3 Mar 2024 monthly Jan 1967 - Mar 2024
Imports: Medicament (USD th) 4,532,213.079 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 4,747,831.996 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 10,911.000 Mar 2024 monthly Apr 1964 - Mar 2024
Total Imports from USA (USD mn) 5,974.000 Mar 2024 monthly Apr 1964 - Mar 2024
Total Exports to China (USD mn) 10,520.000 Mar 2024 monthly Jan 1988 - Mar 2024
Total Imports from China (USD mn) 11,396.000 Mar 2024 monthly Jan 1988 - Mar 2024
Trade Balance: First 10 days (USD mn) -1,263.000 Mar 2024 monthly Jan 2016 - Mar 2024
Imports: First 10 days (USD mn) 14,803.000 Mar 2024 monthly Jan 2016 - Mar 2024
Exports: First 10 days (USD mn) 13,540.000 Mar 2024 monthly Jan 2016 - Mar 2024
Imports: Middle East: Qatar (USD th) 1,140,352.000 Feb 2024 monthly Jan 1993 - Feb 2024
Imports: Natural Gas: Quantity (Ton th) 4,552.00 Feb 2018 monthly Nov 1990 - Feb 2018
Motor Vehicle: Exports (Unit) 249,718.000 Mar 2024 monthly Jan 1981 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 2,160.7 Jan 2024 monthly Jan 1980 - Jan 2024
Current Account Balance (USD mn) 6,638.2 Jan 2024 monthly Jan 1980 - Jan 2024
Current Account Balance: % of GDP (USD mn) 6,638.2 Jan 2024 monthly Jan 1980 - Jan 2024
Foreign Direct Investment (USD mn) 2,558.8 Jun 2023 monthly Jan 1980 - Jun 2023
Foreign Direct Investment: % of GDP (%) 1.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment (USD mn) 7,450.600 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.7 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 3,253.2 Dec 2023 quarterly Mar 1980 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 4,197.400 Dec 2023 quarterly Mar 1980 - Dec 2023
External Debt (USD mn) 663,631.1 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: % of GDP (%) 38.8 2023 yearly 1994 - 2023
External Debt: Short Term (USD mn) 136,202.8 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: Short Term: % of GDP (%) 8.0 2023 yearly 1994 - 2023
Total Debt: % of GDP (%) 760.2 Sep 2023 quarterly Dec 2008 - Sep 2023
Forecast: Current Account Balance (USD bn) 66.020 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) 779,876.500 Dec 2023 quarterly Dec 1994 - Dec 2023
BoP: CA: G&S: Goods: Exports fob (USD mn) 53,778.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: Goods: Imports fob (USD mn) 42,392.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: Services (SV) (USD mn) -2,093.900 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: SV: Credit (USD mn) 8,183.800 May 2018 monthly Jan 1980 - May 2018
BoP: CA: G&S: SV: Debit (USD mn) 10,277.700 May 2018 monthly Jan 1980 - May 2018
BoP: CA: Secondary Incomes: Credit (USD mn) 873.600 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Direct Investment (DI) (USD mn) 6,056.900 May 2018 monthly Jan 1980 - May 2018
BoP: CA: Secondary Incomes: Debit (USD mn) 1,713.900 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: DI: Direct Investment Assets (USD mn) 6,294.200 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Portfolio Investment (PI) (USD mn) 407.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: PI: Portfolio Investment Asset (PIA) (USD mn) 3,416.100 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Financial Derivatives (FD) (USD mn) -484.100 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: FD: Assets (USD mn) -4,690.900 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: PI: Portfolio Investment Liabilities (PIL) (USD mn) 3,008.700 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: Other Investment (OI) (USD mn) -2,828.400 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: OI: Other Investment Liabilities (OIL) (USD mn) 7,661.800 May 2018 monthly Jan 1980 - May 2018
BoP: CF: FA: FD: Liabilities (USD mn) -4,206.800 May 2018 monthly Mar 1987 - May 2018
BoP: CF: FA: OI: Other Investment Assets (OIA) (USD mn) 4,833.400 May 2018 monthly Jan 1980 - May 2018
BoP: sa: CA: Primary Income: Credit (USD mn) 4,118.300 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: Secondary Income: Credit (USD mn) 920.600 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: G&S: Services: Debit (USD mn) 12,445.900 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: G&S: Goods: Imports fob (USD mn) 47,377.000 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: G&S: Goods (USD mn) 8,820.300 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: G&S: Goods: Exports fob (USD mn) 56,197.300 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: G&S: Services (USD mn) -1,321.900 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: Primary Income (USD mn) -816.800 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: Secondary Income (USD mn) -43.400 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: Primary Income: Debit (USD mn) 4,935.100 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: Secondary Income: Debit (USD mn) 964.000 Jan 2024 monthly Jan 1980 - Jan 2024
BoP: sa: CA: G&S: Services: Credit (USD mn) 11,124.000 Jan 2024 monthly Jan 1980 - Jan 2024
International Investment Position: Liabilities (USD mn) 1,507,236.500 Dec 2023 quarterly Dec 1994 - Dec 2023
International Investment Position: Net (USD mn) 779,876.500 Dec 2023 quarterly Dec 1994 - Dec 2023
International Investment Position: Assets (USD mn) 2,287,113.000 Dec 2023 quarterly Dec 1994 - Dec 2023
External Debt: Gross: Long Term (LT) (USD mn) 527,428.300 Dec 2023 quarterly Dec 1994 - Dec 2023
ODI: Total Invested: Real Estate (USD mn) 725,563.42 Jun 2018 monthly Dec 1980 - Jun 2018
Smalll Business Health Index (SBHI): Economic Outlook (EO) (Index) 72.400 Feb 2024 monthly Jan 2015 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.3 Sep 2023 quarterly Jun 2001 - Sep 2023
Household Debt: % of GDP (%) 104.5 Sep 2023 quarterly Dec 2002 - Sep 2023
Non-Performing Loans (USD mn) 6,510.097 Sep 2023 quarterly Jun 2001 - Sep 2023
Money Supply M1 (USD mn) 916,308.413 Jan 2024 monthly Jan 1970 - Jan 2024
Money Supply M2 (USD mn) 2,934,712.413 Jan 2024 monthly Jan 1970 - Jan 2024
M2 Growth (%) 3.8 Jan 2024 monthly Jan 1971 - Jan 2024
Reserve Requirement Ratio (%) 7.0 Jan 2024 monthly Nov 1979 - Jan 2024
Foreign Exchange Reserves (USD mn) 391,327.3 Feb 2024 monthly Dec 1956 - Feb 2024
Foreign Exchange Reserves: % of GDP (%) 7.000 Jan 2024 monthly Nov 1979 - Jan 2024
Foreign Exchange Reserves: Months of Import (NA) 7.6 Mar 2024 monthly Jan 1971 - Mar 2024
Gold Reserves (USD mn) 4,794.759 Feb 2024 monthly Dec 1956 - Feb 2024
Total Deposits (USD mn) 1,873,942.617 Jan 2024 monthly Sep 1992 - Jan 2024
Total Deposits Growth (%) 3.8 Jan 2024 monthly Sep 1993 - Jan 2024
Domestic Credit (USD mn) 3,460,393.4 Jan 2024 monthly Dec 2001 - Jan 2024
Domestic Credit Growth (%) 5.9 Jan 2024 monthly Dec 2002 - Jan 2024
Debt Service Ratio: Households (%) 14.200 Sep 2023 quarterly Mar 1999 - Sep 2023
Debt Service Ratio: Private Non-Financial Sector (%) 23.800 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 1,663.027 Sep 2023 quarterly Dec 1962 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 3,695.718 Sep 2023 quarterly Dec 1962 - Sep 2023
Household Debt (USD mn) 1,742,901.9 Mar 2023 quarterly Dec 2002 - Mar 2023
Total Loans (USD mn) 1,704,813.020 Jan 2024 monthly Jan 1965 - Jan 2024
Total Loans Growth (%) 4.94 Jan 2024 monthly Jan 1966 - Jan 2024
Private Debt: % of Nominal GDP (%) 176.79 Dec 2023 quarterly Mar 1991 - Dec 2023
Money Supply: New M2: Certificate of Deposit (KRW bn) 24,533.00 Mar 2018 monthly Jun 1984 - Mar 2018
Money Supply: New M1: sa (KRW bn) 1,223,180.100 Jan 2024 monthly Jan 1970 - Jan 2024
Money Supply: New M2: sa (KRW bn) 3,917,547.600 Jan 2024 monthly Jan 1970 - Jan 2024
Deposits: CSB: Households (KRW bn) 614,344.50 Mar 2018 monthly Jan 1975 - Mar 2018
Deposits: CSB: Corporations (KRW bn) 396,621.30 Mar 2018 monthly Jan 1975 - Mar 2018
Loans of CSBs: CH: Corporate (KRW bn) 796,021.70 Mar 2018 monthly Dec 2006 - Mar 2018
Loans of Commercial and Specialized Banks (CSB): Total (KRW bn) 1,525,815.40 Mar 2018 monthly Jan 1965 - Mar 2018
KR: Non-performing Loans (NPL): Commercial & Specialized Banks (KRW bn) 12,186.500 Dec 2018 quarterly Jun 2001 - Dec 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 9.0 Mar 2024 monthly Feb 2004 - Mar 2024
Busniess Survey Index: Forecast: Manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
Business Survey Index: Forecast: Non-manufacturing: sa (NA) 81.000 Jul 2018 monthly Feb 2003 - Jul 2018
BSI: Forecast: BC: Services (NA) 81.000 Jul 2018 monthly Sep 2009 - Jul 2018
Business Survey Index: Actual: Manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018
Business Survey Index: Actual: Non-manufacturing: sa (NA) 79.000 Jun 2018 monthly Jan 2003 - Jun 2018

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