Economic Outlook No 115 — General government consumption of fixed in Korea
Korea: Economic Outlook No 115 — General government consumption of fixed was 72.95 trillion in 2025. ◆ Volatile
Economic Outlook No 115 — General government consumption of fixed in Korea, 1970–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 115 — general government consumption of fixed in Korea is 72.95 trillion, measured in 2025. That is the highest value across all 56 years on record.
The figure is up 5.1% on the previous year and up 61.1% over ten years.
Over the whole period, economic outlook no 115 — general government consumption of fixed in Korea peaked at 72.95 trillion in 2025 and was at its lowest, 33.10 billion, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 115 — General government consumption of fixed in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 33.10 billion | — |
| 1971 | 39.00 billion | +17.8% |
| 1972 | 48.40 billion | +24.1% |
| 1973 | 60.80 billion | +25.6% |
| 1974 | 90.80 billion | +49.3% |
| 1975 | 119.50 billion | +31.6% |
| 1976 | 147.20 billion | +23.2% |
| 1977 | 185.10 billion | +25.7% |
| 1978 | 256.40 billion | +38.5% |
| 1979 | 369.70 billion | +44.2% |
| 1980 | 572.00 billion | +54.7% |
| 1981 | 743.10 billion | +29.9% |
| 1982 | 880.30 billion | +18.5% |
| 1983 | 1.02 trillion | +16.0% |
| 1984 | 1.17 trillion | +14.1% |
| 1985 | 1.35 trillion | +16.3% |
| 1986 | 1.53 trillion | +13.3% |
| 1987 | 1.77 trillion | +15.4% |
| 1988 | 2.13 trillion | +20.2% |
| 1989 | 2.50 trillion | +17.6% |
| 1990 | 3.10 trillion | +24.0% |
| 1991 | 3.81 trillion | +22.6% |
| 1992 | 4.52 trillion | +18.8% |
| 1993 | 5.18 trillion | +14.6% |
| 1994 | 5.98 trillion | +15.4% |
| 1995 | 6.99 trillion | +16.9% |
| 1996 | 7.97 trillion | +14.0% |
| 1997 | 9.12 trillion | +14.4% |
| 1998 | 10.65 trillion | +16.8% |
| 1999 | 11.72 trillion | +10.0% |
| 2000 | 12.77 trillion | +8.9% |
| 2001 | 14.38 trillion | +12.7% |
| 2002 | 15.84 trillion | +10.1% |
| 2003 | 17.75 trillion | +12.1% |
| 2004 | 19.86 trillion | +11.9% |
| 2005 | 21.11 trillion | +6.3% |
| 2006 | 22.52 trillion | +6.6% |
| 2007 | 24.52 trillion | +8.9% |
| 2008 | 28.74 trillion | +17.2% |
| 2009 | 31.61 trillion | +10.0% |
| 2010 | 33.96 trillion | +7.4% |
| 2011 | 37.28 trillion | +9.8% |
| 2012 | 39.67 trillion | +6.4% |
| 2013 | 41.67 trillion | +5.0% |
| 2014 | 43.58 trillion | +4.6% |
| 2015 | 45.28 trillion | +3.9% |
| 2016 | 47.18 trillion | +4.2% |
| 2017 | 50.15 trillion | +6.3% |
| 2018 | 52.97 trillion | +5.6% |
| 2019 | 56.41 trillion | +6.5% |
| 2020 | 59.06 trillion | +4.7% |
| 2021 | 63.98 trillion | +8.3% |
| 2022 | 70.33 trillion | +9.9% |
| 2023 | 68.11 trillion | -3.2% |
| 2024 | 69.43 trillion | +1.9% |
| 2025 | 72.95 trillion | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 135.00 billion | 33.10 billion | 369.70 billion | 10 |
| 1980s | 1.37 trillion | 572.00 billion | 2.50 trillion | 10 |
| 1990s | 6.91 trillion | 3.10 trillion | 11.72 trillion | 10 |
| 2000s | 20.91 trillion | 12.77 trillion | 31.61 trillion | 10 |
| 2010s | 44.82 trillion | 33.96 trillion | 56.41 trillion | 10 |
| 2020s | 67.31 trillion | 59.06 trillion | 72.95 trillion | 6 |
Countries ranked near Korea
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- Index of digital trade integration and openness 0.2301 Index (2024)
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- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
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Frequently asked questions
- What is economic outlook no 115 — general government consumption of fixed in Korea?
- Economic outlook no 115 — general government consumption of fixed in Korea was 72.95 trillion in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 115 — general government consumption of fixed recorded in Korea?
- The highest recorded value was 72.95 trillion in 2025.
- What is the lowest economic outlook no 115 — general government consumption of fixed recorded in Korea?
- The lowest recorded value was 33.10 billion in 1970.
- How does Korea rank for economic outlook no 115 — general government consumption of fixed?
- Korea ranks 1st out of 3 groups with data for 2025.
- Is economic outlook no 115 — general government consumption of fixed rising or falling in Korea?
- Over the last ten years it is up 61.1%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 115 — General government consumption of fixed capital. Statizoid updates them automatically from the source API.
Download this data
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About this data
May 2024 - The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP