Final consumption expenditure (constant 2015 US$), per capita in Republic of Korea
Republic of Korea: Final consumption expenditure (constant 2015 US$), per capita was 24,301 constant 2015 US$ per person in 2025. ◆ Volatile
Latest (2025)
24,301 constant 2015 US$ per person
Change on year
up 1.9%
World rank
33rd
of 172 countries
All-time high
24,301 constant 2015 US$ per person
in 2025
All-time low
1,418 constant 2015 US$ per person
in 1961
Years of data
66
1960–2025
Final consumption expenditure (constant 2015 US$), per capita in Republic of Korea, 1960–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
The most recent figure for final consumption expenditure (constant 2015 us$), per capita in Republic of Korea is 24,301 constant 2015 US$ per person, measured in 2025. That is the highest value across all 66 years on record.
The figure is up 1.9% on the previous year and up 25.6% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), per capita in Republic of Korea peaked at 24,301 constant 2015 US$ per person in 2025 and was at its lowest, 1,418 constant 2015 US$ per person, in 1961.
Republic of Korea ranks 33rd of 172 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (constant 2015 US$), per capita in Republic of Korea, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1960 | 1,429 constant 2015 US$ per person | — |
| 1961 | 1,418 constant 2015 US$ per person | -0.8% |
| 1962 | 1,503 constant 2015 US$ per person | +6.0% |
| 1963 | 1,527 constant 2015 US$ per person | +1.6% |
| 1964 | 1,601 constant 2015 US$ per person | +4.8% |
| 1965 | 1,670 constant 2015 US$ per person | +4.3% |
| 1966 | 1,744 constant 2015 US$ per person | +4.4% |
| 1967 | 1,856 constant 2015 US$ per person | +6.5% |
| 1968 | 2,005 constant 2015 US$ per person | +8.0% |
| 1969 | 2,171 constant 2015 US$ per person | +8.3% |
| 1970 | 2,344 constant 2015 US$ per person | +7.9% |
| 1971 | 2,519 constant 2015 US$ per person | +7.5% |
| 1972 | 2,622 constant 2015 US$ per person | +4.1% |
| 1973 | 2,792 constant 2015 US$ per person | +6.5% |
| 1974 | 2,956 constant 2015 US$ per person | +5.9% |
| 1975 | 3,082 constant 2015 US$ per person | +4.3% |
| 1976 | 3,260 constant 2015 US$ per person | +5.8% |
| 1977 | 3,398 constant 2015 US$ per person | +4.2% |
| 1978 | 3,616 constant 2015 US$ per person | +6.4% |
| 1979 | 3,863 constant 2015 US$ per person | +6.8% |
| 1980 | 3,865 constant 2015 US$ per person | +0.0% |
| 1981 | 4,020 constant 2015 US$ per person | +4.0% |
| 1982 | 4,224 constant 2015 US$ per person | +5.1% |
| 1983 | 4,512 constant 2015 US$ per person | +6.8% |
| 1984 | 4,782 constant 2015 US$ per person | +6.0% |
| 1985 | 5,061 constant 2015 US$ per person | +5.8% |
| 1986 | 5,456 constant 2015 US$ per person | +7.8% |
| 1987 | 5,857 constant 2015 US$ per person | +7.4% |
| 1988 | 6,346 constant 2015 US$ per person | +8.3% |
| 1989 | 6,977 constant 2015 US$ per person | +9.9% |
| 1990 | 7,607 constant 2015 US$ per person | +9.0% |
| 1991 | 8,162 constant 2015 US$ per person | +7.3% |
| 1992 | 8,644 constant 2015 US$ per person | +5.9% |
| 1993 | 9,122 constant 2015 US$ per person | +5.5% |
| 1994 | 9,789 constant 2015 US$ per person | +7.3% |
| 1995 | 10,634 constant 2015 US$ per person | +8.6% |
| 1996 | 11,348 constant 2015 US$ per person | +6.7% |
| 1997 | 11,697 constant 2015 US$ per person | +3.1% |
| 1998 | 10,528 constant 2015 US$ per person | -10.0% |
| 1999 | 11,591 constant 2015 US$ per person | +10.1% |
| 2000 | 12,365 constant 2015 US$ per person | +6.7% |
| 2001 | 12,989 constant 2015 US$ per person | +5.0% |
| 2002 | 14,032 constant 2015 US$ per person | +8.0% |
| 2003 | 14,057 constant 2015 US$ per person | +0.2% |
| 2004 | 14,175 constant 2015 US$ per person | +0.8% |
| 2005 | 14,831 constant 2015 US$ per person | +4.6% |
| 2006 | 15,561 constant 2015 US$ per person | +4.9% |
| 2007 | 16,347 constant 2015 US$ per person | +5.1% |
| 2008 | 16,599 constant 2015 US$ per person | +1.5% |
| 2009 | 16,762 constant 2015 US$ per person | +1.0% |
| 2010 | 17,466 constant 2015 US$ per person | +4.2% |
| 2011 | 17,865 constant 2015 US$ per person | +2.3% |
| 2012 | 18,187 constant 2015 US$ per person | +1.8% |
| 2013 | 18,552 constant 2015 US$ per person | +2.0% |
| 2014 | 18,911 constant 2015 US$ per person | +1.9% |
| 2015 | 19,352 constant 2015 US$ per person | +2.3% |
| 2016 | 19,877 constant 2015 US$ per person | +2.7% |
| 2017 | 20,427 constant 2015 US$ per person | +2.8% |
| 2018 | 21,107 constant 2015 US$ per person | +3.3% |
| 2019 | 21,732 constant 2015 US$ per person | +3.0% |
| 2020 | 21,214 constant 2015 US$ per person | -2.4% |
| 2021 | 22,141 constant 2015 US$ per person | +4.4% |
| 2022 | 23,108 constant 2015 US$ per person | +4.4% |
| 2023 | 23,552 constant 2015 US$ per person | +1.9% |
| 2024 | 23,852 constant 2015 US$ per person | +1.3% |
| 2025 | 24,301 constant 2015 US$ per person | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1,693 constant 2015 US$ per person | 1,418 constant 2015 US$ per person | 2,171 constant 2015 US$ per person | 10 |
| 1970s | 3,045 constant 2015 US$ per person | 2,344 constant 2015 US$ per person | 3,863 constant 2015 US$ per person | 10 |
| 1980s | 5,110 constant 2015 US$ per person | 3,865 constant 2015 US$ per person | 6,977 constant 2015 US$ per person | 10 |
| 1990s | 9,912 constant 2015 US$ per person | 7,607 constant 2015 US$ per person | 11,697 constant 2015 US$ per person | 10 |
| 2000s | 14,772 constant 2015 US$ per person | 12,365 constant 2015 US$ per person | 16,762 constant 2015 US$ per person | 10 |
| 2010s | 19,348 constant 2015 US$ per person | 17,466 constant 2015 US$ per person | 21,732 constant 2015 US$ per person | 10 |
| 2020s | 23,028 constant 2015 US$ per person | 21,214 constant 2015 US$ per person | 24,301 constant 2015 US$ per person | 6 |
Countries ranked near Republic of Korea
- 30 Italy 26,434 constant 2015 US$ per person compare
- 31 Bahamas 26,321 constant 2015 US$ per person compare
- 32 Qatar 24,639 constant 2015 US$ per person compare
- 34 Spain 22,593 constant 2015 US$ per person compare
- 35 Malta 22,548 constant 2015 US$ per person compare
- 36 Greece 19,789 constant 2015 US$ per person compare
More economy & growth data for Republic of Korea
- Gross national expenditure (current US$), annual growth rate -1.35 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.948 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 34,344 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.92 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 1,348 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 48.85 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.6957 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per unit of GDP 0.9523 constant 2015 US$ per US$ of GDP (2025)
- Gross national expenditure (constant 2015 US$), per capita 34,500 constant 2015 US$ per person (2025)
- Exports of goods and services (current US$), annual growth rate 3 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), per capita in Republic of Korea?
- Final consumption expenditure (constant 2015 us$), per capita in Republic of Korea was 24,301 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), per capita recorded in Republic of Korea?
- The highest recorded value was 24,301 constant 2015 US$ per person in 2025.
- What is the lowest final consumption expenditure (constant 2015 us$), per capita recorded in Republic of Korea?
- The lowest recorded value was 1,418 constant 2015 US$ per person in 1961.
- How does Republic of Korea rank for final consumption expenditure (constant 2015 us$), per capita?
- Republic of Korea ranks 33rd out of 172 countries with data for 2025.
- Is final consumption expenditure (constant 2015 us$), per capita rising or falling in Republic of Korea?
- Over the last ten years it is up 25.6%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant 2015 US$) ÷ Population, total
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.