Final consumption expenditure (constant 2015 US$), annual growth rate in Korea
Korea: Final consumption expenditure (constant 2015 US$), annual growth rate was 1.75 % change on previous year in 2025. ◆ Volatile
Latest (2025)
1.75 % change on previous year
Change on year
up 29.5%
World rank
127th
of 172 countries
All-time high
11.04 % change on previous year
in 1989
All-time low
-9.34 % change on previous year
in 1998
Years of data
65
1961–2025
Final consumption expenditure (constant 2015 US$), annual growth rate in Korea, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Korea recorded 1.75 % change on previous year for final consumption expenditure (constant 2015 us$), annual growth rate in 2025.
Compared with earlier readings it is up 29.5% on the previous year and down 39.0% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), annual growth rate in Korea peaked at 11.04 % change on previous year in 1989 and was at its lowest, -9.34 % change on previous year, in 1998.
Korea ranks 127th of 172 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (constant 2015 US$), annual growth rate in Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 2.21 % change on previous year | — |
| 1962 | 9.06 % change on previous year | +310.8% |
| 1963 | 4.46 % change on previous year | -50.8% |
| 1964 | 7.62 % change on previous year | +71.0% |
| 1965 | 6.97 % change on previous year | -8.6% |
| 1966 | 7.09 % change on previous year | +1.7% |
| 1967 | 8.97 % change on previous year | +26.6% |
| 1968 | 10.58 % change on previous year | +18.0% |
| 1969 | 10.75 % change on previous year | +1.6% |
| 1970 | 10.32 % change on previous year | -4.0% |
| 1971 | 9.6 % change on previous year | -7.1% |
| 1972 | 6.08 % change on previous year | -36.6% |
| 1973 | 8.37 % change on previous year | +37.6% |
| 1974 | 7.7 % change on previous year | -8.0% |
| 1975 | 6.05 % change on previous year | -21.5% |
| 1976 | 7.48 % change on previous year | +23.6% |
| 1977 | 5.85 % change on previous year | -21.8% |
| 1978 | 8.06 % change on previous year | +37.8% |
| 1979 | 8.45 % change on previous year | +4.8% |
| 1980 | 1.62 % change on previous year | -80.8% |
| 1981 | 5.65 % change on previous year | +248.2% |
| 1982 | 6.73 % change on previous year | +19.2% |
| 1983 | 8.4 % change on previous year | +24.8% |
| 1984 | 7.3 % change on previous year | -13.1% |
| 1985 | 6.88 % change on previous year | -5.7% |
| 1986 | 8.88 % change on previous year | +29.0% |
| 1987 | 8.42 % change on previous year | -5.2% |
| 1988 | 9.41 % change on previous year | +11.8% |
| 1989 | 11.04 % change on previous year | +17.3% |
| 1990 | 10.11 % change on previous year | -8.4% |
| 1991 | 8.35 % change on previous year | -17.4% |
| 1992 | 7.02 % change on previous year | -16.0% |
| 1993 | 6.61 % change on previous year | -5.9% |
| 1994 | 8.4 % change on previous year | +27.1% |
| 1995 | 9.73 % change on previous year | +15.9% |
| 1996 | 7.74 % change on previous year | -20.5% |
| 1997 | 4.05 % change on previous year | -47.6% |
| 1998 | -9.34 % change on previous year | -330.6% |
| 1999 | 10.88 % change on previous year | -216.4% |
| 2000 | 7.58 % change on previous year | -30.4% |
| 2001 | 5.86 % change on previous year | -22.7% |
| 2002 | 8.66 % change on previous year | +47.8% |
| 2003 | 0.6966 % change on previous year | -92.0% |
| 2004 | 1.24 % change on previous year | +78.1% |
| 2005 | 4.85 % change on previous year | +291.2% |
| 2006 | 5.47 % change on previous year | +12.8% |
| 2007 | 5.58 % change on previous year | +2.0% |
| 2008 | 2.32 % change on previous year | -58.4% |
| 2009 | 1.5 % change on previous year | -35.4% |
| 2010 | 4.72 % change on previous year | +215.1% |
| 2011 | 3.07 % change on previous year | -34.9% |
| 2012 | 2.34 % change on previous year | -23.8% |
| 2013 | 2.47 % change on previous year | +5.5% |
| 2014 | 2.58 % change on previous year | +4.3% |
| 2015 | 2.87 % change on previous year | +11.4% |
| 2016 | 3.12 % change on previous year | +8.6% |
| 2017 | 3.06 % change on previous year | -2.1% |
| 2018 | 3.78 % change on previous year | +23.6% |
| 2019 | 3.32 % change on previous year | -12.1% |
| 2020 | -2.25 % change on previous year | -167.7% |
| 2021 | 4.24 % change on previous year | -288.4% |
| 2022 | 4.17 % change on previous year | -1.5% |
| 2023 | 2 % change on previous year | -52.1% |
| 2024 | 1.35 % change on previous year | -32.3% |
| 2025 | 1.75 % change on previous year | +29.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.52 % change on previous year | 2.21 % change on previous year | 10.75 % change on previous year | 9 |
| 1970s | 7.8 % change on previous year | 5.85 % change on previous year | 10.32 % change on previous year | 10 |
| 1980s | 7.43 % change on previous year | 1.62 % change on previous year | 11.04 % change on previous year | 10 |
| 1990s | 6.35 % change on previous year | -9.34 % change on previous year | 10.88 % change on previous year | 10 |
| 2000s | 4.37 % change on previous year | 0.6966 % change on previous year | 8.66 % change on previous year | 10 |
| 2010s | 3.13 % change on previous year | 2.34 % change on previous year | 4.72 % change on previous year | 10 |
| 2020s | 1.88 % change on previous year | -2.25 % change on previous year | 4.24 % change on previous year | 6 |
Countries ranked near Korea
- 124 Bahrain 1.89 % change on previous year compare
- 125 Lithuania 1.85 % change on previous year compare
- 126 Macau, China 1.77 % change on previous year compare
- 128 El Salvador 1.69 % change on previous year compare
- 129 Slovenia 1.69 % change on previous year compare
- 130 Hong Kong, China 1.68 % change on previous year compare
More economy & growth data for Korea
- Households and NPISHs Final consumption expenditure (current LCU) 3.17 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 683.09 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 24.75 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4928 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 17,853 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate -0.6167 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6567 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 23,790 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 3.69 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), annual growth rate in Korea?
- Final consumption expenditure (constant 2015 us$), annual growth rate in Korea was 1.75 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Korea?
- The highest recorded value was 11.04 % change on previous year in 1989.
- What is the lowest final consumption expenditure (constant 2015 us$), annual growth rate recorded in Korea?
- The lowest recorded value was -9.34 % change on previous year in 1998.
- How does Korea rank for final consumption expenditure (constant 2015 us$), annual growth rate?
- Korea ranks 127th out of 172 countries with data for 2025.
- Is final consumption expenditure (constant 2015 us$), annual growth rate rising or falling in Korea?
- Over the last ten years it is down 39.0%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.