Final consumption expenditure (current LCU), annual growth rate in Korea
Korea: Final consumption expenditure (current LCU), annual growth rate was 3.69 % change on previous year in 2025. ◆ Volatile
Latest (2025)
3.69 % change on previous year
Change on year
up 8.4%
World rank
159th
of 187 countries
All-time high
44.7 % change on previous year
in 1974
All-time low
-3.75 % change on previous year
in 1998
Years of data
65
1961–2025
Final consumption expenditure (current LCU), annual growth rate in Korea, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, final consumption expenditure (current lcu), annual growth rate in Korea stood at 3.69 % change on previous year.
Compared with earlier readings it is up 8.4% on the previous year and down 6.0% over ten years.
Over the whole period, final consumption expenditure (current lcu), annual growth rate in Korea peaked at 44.7 % change on previous year in 1974 and was at its lowest, -3.75 % change on previous year, in 1998.
That places Korea 159th out of 187 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU), annual growth rate in Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 18.16 % change on previous year | — |
| 1962 | 20.82 % change on previous year | +14.7% |
| 1963 | 33.56 % change on previous year | +61.2% |
| 1964 | 42.53 % change on previous year | +26.7% |
| 1965 | 14.27 % change on previous year | -66.5% |
| 1966 | 22.53 % change on previous year | +57.9% |
| 1967 | 24.33 % change on previous year | +8.0% |
| 1968 | 24 % change on previous year | -1.3% |
| 1969 | 25.41 % change on previous year | +5.9% |
| 1970 | 28.71 % change on previous year | +13.0% |
| 1971 | 25.92 % change on previous year | -9.7% |
| 1972 | 20.86 % change on previous year | -19.5% |
| 1973 | 20.88 % change on previous year | +0.1% |
| 1974 | 44.7 % change on previous year | +114.1% |
| 1975 | 36.49 % change on previous year | -18.4% |
| 1976 | 28.87 % change on previous year | -20.9% |
| 1977 | 22.85 % change on previous year | -20.8% |
| 1978 | 31.19 % change on previous year | +36.5% |
| 1979 | 29.18 % change on previous year | -6.4% |
| 1980 | 30.84 % change on previous year | +5.7% |
| 1981 | 25.32 % change on previous year | -17.9% |
| 1982 | 13.08 % change on previous year | -48.3% |
| 1983 | 12.78 % change on previous year | -2.3% |
| 1984 | 11.39 % change on previous year | -10.9% |
| 1985 | 11.38 % change on previous year | -0.2% |
| 1986 | 11.79 % change on previous year | +3.6% |
| 1987 | 13.23 % change on previous year | +12.2% |
| 1988 | 16.41 % change on previous year | +24.0% |
| 1989 | 18.6 % change on previous year | +13.3% |
| 1990 | 20.63 % change on previous year | +10.9% |
| 1991 | 20.82 % change on previous year | +0.9% |
| 1992 | 16.33 % change on previous year | -21.6% |
| 1993 | 13.62 % change on previous year | -16.6% |
| 1994 | 18.83 % change on previous year | +38.3% |
| 1995 | 17.52 % change on previous year | -7.0% |
| 1996 | 15.43 % change on previous year | -11.9% |
| 1997 | 10.38 % change on previous year | -32.7% |
| 1998 | -3.75 % change on previous year | -136.2% |
| 1999 | 13.49 % change on previous year | -459.3% |
| 2000 | 13.16 % change on previous year | -2.4% |
| 2001 | 11.18 % change on previous year | -15.1% |
| 2002 | 12.28 % change on previous year | +9.8% |
| 2003 | 4.46 % change on previous year | -63.7% |
| 2004 | 4.99 % change on previous year | +12.0% |
| 2005 | 7.54 % change on previous year | +50.9% |
| 2006 | 7.14 % change on previous year | -5.2% |
| 2007 | 7.75 % change on previous year | +8.4% |
| 2008 | 7.15 % change on previous year | -7.7% |
| 2009 | 4.09 % change on previous year | -42.7% |
| 2010 | 6.93 % change on previous year | +69.2% |
| 2011 | 6.88 % change on previous year | -0.7% |
| 2012 | 4.5 % change on previous year | -34.6% |
| 2013 | 3.69 % change on previous year | -18.1% |
| 2014 | 3.93 % change on previous year | +6.7% |
| 2015 | 3.93 % change on previous year | -0.2% |
| 2016 | 4.56 % change on previous year | +16.2% |
| 2017 | 5.25 % change on previous year | +15.1% |
| 2018 | 5.44 % change on previous year | +3.5% |
| 2019 | 4.22 % change on previous year | -22.4% |
| 2020 | -1.23 % change on previous year | -129.1% |
| 2021 | 6.85 % change on previous year | -658.3% |
| 2022 | 8.72 % change on previous year | +27.2% |
| 2023 | 5.29 % change on previous year | -39.3% |
| 2024 | 3.4 % change on previous year | -35.7% |
| 2025 | 3.69 % change on previous year | +8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 25.07 % change on previous year | 14.27 % change on previous year | 42.53 % change on previous year | 9 |
| 1970s | 28.96 % change on previous year | 20.86 % change on previous year | 44.7 % change on previous year | 10 |
| 1980s | 16.48 % change on previous year | 11.38 % change on previous year | 30.84 % change on previous year | 10 |
| 1990s | 14.33 % change on previous year | -3.75 % change on previous year | 20.82 % change on previous year | 10 |
| 2000s | 7.97 % change on previous year | 4.09 % change on previous year | 13.16 % change on previous year | 10 |
| 2010s | 4.93 % change on previous year | 3.69 % change on previous year | 6.93 % change on previous year | 10 |
| 2020s | 4.45 % change on previous year | -1.23 % change on previous year | 8.72 % change on previous year | 6 |
Countries ranked near Korea
- 156 Estonia 3.99 % change on previous year compare
- 157 Papua New Guinea 3.88 % change on previous year compare
- 158 Austria 3.82 % change on previous year compare
- 160 Sweden 3.59 % change on previous year compare
- 161 French Polynesia 3.47 % change on previous year compare
- 162 Ecuador 3.35 % 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), per unit of GDP 934.12 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (current lcu), annual growth rate in Korea?
- Final consumption expenditure (current lcu), annual growth rate in Korea was 3.69 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), annual growth rate recorded in Korea?
- The highest recorded value was 44.7 % change on previous year in 1974.
- What is the lowest final consumption expenditure (current lcu), annual growth rate recorded in Korea?
- The lowest recorded value was -3.75 % change on previous year in 1998.
- How does Korea rank for final consumption expenditure (current lcu), annual growth rate?
- Korea ranks 159th out of 187 countries with data for 2025.
- Is final consumption expenditure (current lcu), annual growth rate rising or falling in Korea?
- Over the last ten years it is down 6.0%. 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 (current LCU), 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 (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.