What is final consumption expenditure in South Korea?

Final consumption expenditure in South Korea was 1,749.01 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.

What is the highest final consumption expenditure recorded in South Korea?

The highest recorded value was 1,749.01 trillion current LCU in 2025.

What is the lowest final consumption expenditure recorded in South Korea?

The lowest recorded value was 248.40 billion current LCU in 1960.

How does South Korea rank for final consumption expenditure?

South Korea ranks 5th out of 188 countries with data for 2025.

Is final consumption expenditure rising or falling in South Korea?

Over the last ten years it is up 56.6%. The long-run trend across the full record is volatile.

Where does this South Korea data come from?

The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.

Final consumption expenditure (current LCU) in South Korea

Name: Final consumption expenditure (current LCU) in South Korea
Creator: Country official statistics, National Statistical Organizations and/or Central Banks
License: CC BY 4.0 (World Bank Open Data)

South Korea: Final consumption expenditure (current LCU) was 1,749.01 trillion current LCU in 2025. ◆ Volatile

Latest (2025)

1,749.01 trillion current LCU

Change on year

up 3.7%

World rank

5th

of 188 countries

All-time high

1,749.01 trillion current LCU

in 2025

All-time low

248.40 billion current LCU

in 1960

Years of data

1960–2025

Final consumption expenditure in South Korea, 1960–2025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2025, final consumption expenditure in South Korea stood at 1,749.01 trillion current LCU. That is the highest value across all 66 years on record.

Compared with earlier readings it is up 3.7% on the previous year and up 56.6% over ten years.

Over the whole period, final consumption expenditure in South Korea peaked at 1,749.01 trillion current LCU in 2025 and was at its lowest, 248.40 billion current LCU, in 1960.

South Korea ranks 5th of 188 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Final consumption expenditure (current LCU) in South Korea, year by year

Annual values for Final consumption expenditure (current LCU) in South Korea, 1960 to 2025.
Year	current LCU	Change
1960	248.40 billion current LCU	—
1961	293.50 billion current LCU	+18.2%
1962	354.60 billion current LCU	+20.8%
1963	473.60 billion current LCU	+33.6%
1964	675.00 billion current LCU	+42.5%
1965	771.30 billion current LCU	+14.3%
1966	945.10 billion current LCU	+22.5%
1967	1.18 trillion current LCU	+24.3%
1968	1.46 trillion current LCU	+24.0%
1969	1.83 trillion current LCU	+25.4%
1970	2.35 trillion current LCU	+28.7%
1971	2.96 trillion current LCU	+25.9%
1972	3.58 trillion current LCU	+20.9%
1973	4.33 trillion current LCU	+20.9%
1974	6.26 trillion current LCU	+44.7%
1975	8.54 trillion current LCU	+36.5%
1976	11.01 trillion current LCU	+28.9%
1977	13.53 trillion current LCU	+22.9%
1978	17.75 trillion current LCU	+31.2%
1979	22.92 trillion current LCU	+29.2%
1980	29.99 trillion current LCU	+30.8%
1981	37.59 trillion current LCU	+25.3%
1982	42.51 trillion current LCU	+13.1%
1983	47.94 trillion current LCU	+12.8%
1984	53.40 trillion current LCU	+11.4%
1985	59.48 trillion current LCU	+11.4%
1986	66.49 trillion current LCU	+11.8%
1987	75.29 trillion current LCU	+13.2%
1988	87.64 trillion current LCU	+16.4%
1989	103.94 trillion current LCU	+18.6%
1990	125.39 trillion current LCU	+20.6%
1991	151.49 trillion current LCU	+20.8%
1992	176.23 trillion current LCU	+16.3%
1993	200.22 trillion current LCU	+13.6%
1994	237.92 trillion current LCU	+18.8%
1995	279.59 trillion current LCU	+17.5%
1996	322.74 trillion current LCU	+15.4%
1997	356.24 trillion current LCU	+10.4%
1998	342.86 trillion current LCU	-3.8%
1999	389.12 trillion current LCU	+13.5%
2000	440.35 trillion current LCU	+13.2%
2001	489.59 trillion current LCU	+11.2%
2002	549.69 trillion current LCU	+12.3%
2003	574.20 trillion current LCU	+4.5%
2004	602.87 trillion current LCU	+5.0%
2005	648.30 trillion current LCU	+7.5%
2006	694.61 trillion current LCU	+7.1%
2007	748.41 trillion current LCU	+7.7%
2008	801.90 trillion current LCU	+7.1%
2009	834.74 trillion current LCU	+4.1%
2010	892.58 trillion current LCU	+6.9%
2011	953.98 trillion current LCU	+6.9%
2012	996.93 trillion current LCU	+4.5%
2013	1,033.69 trillion current LCU	+3.7%
2014	1,074.35 trillion current LCU	+3.9%
2015	1,116.53 trillion current LCU	+3.9%
2016	1,167.48 trillion current LCU	+4.6%
2017	1,228.80 trillion current LCU	+5.3%
2018	1,295.59 trillion current LCU	+5.4%
2019	1,350.24 trillion current LCU	+4.2%
2020	1,333.67 trillion current LCU	-1.2%
2021	1,425.04 trillion current LCU	+6.9%
2022	1,549.26 trillion current LCU	+8.7%
2023	1,631.26 trillion current LCU	+5.3%
2024	1,686.78 trillion current LCU	+3.4%
2025	1,749.01 trillion current LCU	+3.7%

South Korea compared with similar countries

South Korea's 1,749.01 trillion current LCU is above the median for high income countries, which is 326.40 billion current LCU, 5358.5× the median. (67 countries reporting)
South Korea's 1,749.01 trillion current LCU is above the median for East Asia & Pacific, which is 737.40 billion current LCU, 2371.9× the median. (29 countries reporting)

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	822.07 billion current LCU	248.40 billion current LCU	1.83 trillion current LCU	10
1970s	9.32 trillion current LCU	2.35 trillion current LCU	22.92 trillion current LCU	10
1980s	60.43 trillion current LCU	29.99 trillion current LCU	103.94 trillion current LCU	10
1990s	258.18 trillion current LCU	125.39 trillion current LCU	389.12 trillion current LCU	10
2000s	638.47 trillion current LCU	440.35 trillion current LCU	834.74 trillion current LCU	10
2010s	1,111.02 trillion current LCU	892.58 trillion current LCU	1,350.24 trillion current LCU	10
2020s	1,562.50 trillion current LCU	1,333.67 trillion current LCU	1,749.01 trillion current LCU	6

Countries ranked near South Korea

2 Indonesia 14,950.60 trillion current LCU compare
3 Vietnam 8,041.01 trillion current LCU compare
4 Lebanon 3,118.37 trillion current LCU compare
6 Colombia 1,644.11 trillion current LCU compare
7 Uzbekistan 1,480.66 trillion current LCU compare
8 Argentina 719.72 trillion current LCU compare

See the full ranking of 188 places →

More economy & growth data for South Korea

Real gdp growth, annual growth rate -49.75 % change on previous year (2025)
SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
SDRs holdings, US dollar, per capita 307.17 units per person (2025)
SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
SDRs holdings, SDR, per capita 224.29 units per person (2025)
IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)

All data for South Korea →

Frequently asked questions

What is final consumption expenditure in South Korea?: Final consumption expenditure in South Korea was 1,749.01 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest final consumption expenditure recorded in South Korea?: The highest recorded value was 1,749.01 trillion current LCU in 2025.
What is the lowest final consumption expenditure recorded in South Korea?: The lowest recorded value was 248.40 billion current LCU in 1960.
How does South Korea rank for final consumption expenditure?: South Korea ranks 5th out of 188 countries with data for 2025.
Is final consumption expenditure rising or falling in South Korea?: Over the last ten years it is up 56.6%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?: The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.

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Final consumption expenditure in South Korea. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 08 November 2026, from https://economy.statizoid.com/stat/final-consumption-expenditure-current-lcu/korea-rep/

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About this data

Indicator: Final consumption expenditure (current LCU)
Unit: current LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 188 places, 8,784 data points, 1960–2025
Last refreshed: 29 October 2026

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.