General government final consumption expenditure in South Korea
South Korea: General government final consumption expenditure was 3.0% in 2025. ▼ Falling
General government final consumption expenditure in South Korea, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for general government final consumption expenditure in South Korea is 3.0%, measured in 2025.
The figure is up 37.9% on the previous year and down 24.3% over ten years.
Over the whole period, general government final consumption expenditure in South Korea peaked at 11.9% in 1980 and was at its lowest, 0.0%, in 1964.
South Korea ranks 75th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 65 years of available data.
General government final consumption expenditure in South Korea, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 0.6% | — |
| 1962 | 4.0% | +605.2% |
| 1963 | 5.6% | +38.9% |
| 1964 | 0.0% | -99.4% |
| 1965 | 6.5% | +20793.5% |
| 1966 | 11.5% | +77.2% |
| 1967 | 9.3% | -18.8% |
| 1968 | 10.6% | +13.8% |
| 1969 | 10.6% | -0.3% |
| 1970 | 7.2% | -31.6% |
| 1971 | 8.6% | +18.2% |
| 1972 | 8.1% | -5.3% |
| 1973 | 2.2% | -73.0% |
| 1974 | 7.2% | +229.1% |
| 1975 | 6.8% | -5.2% |
| 1976 | 0.5% | -92.3% |
| 1977 | 6.9% | +1210.3% |
| 1978 | 5.5% | -19.3% |
| 1979 | 5.8% | +3.8% |
| 1980 | 11.9% | +107.2% |
| 1981 | 6.7% | -44.1% |
| 1982 | 2.1% | -67.9% |
| 1983 | 3.6% | +68.5% |
| 1984 | 4.8% | +32.3% |
| 1985 | 3.3% | -30.7% |
| 1986 | 5.2% | +58.2% |
| 1987 | 7.2% | +37.3% |
| 1988 | 8.4% | +17.5% |
| 1989 | 11.3% | +33.6% |
| 1990 | 10.4% | -7.9% |
| 1991 | 4.8% | -53.6% |
| 1992 | 6.2% | +29.5% |
| 1993 | 4.1% | -34.3% |
| 1994 | 3.3% | -19.6% |
| 1995 | 3.8% | +15.1% |
| 1996 | 6.9% | +82.2% |
| 1997 | 2.4% | -65.2% |
| 1998 | 4.0% | +66.6% |
| 1999 | 4.9% | +22.2% |
| 2000 | 0.4% | -92.1% |
| 2001 | 6.0% | +1447.6% |
| 2002 | 6.4% | +6.3% |
| 2003 | 4.9% | -22.3% |
| 2004 | 4.4% | -10.2% |
| 2005 | 5.4% | +22.4% |
| 2006 | 7.5% | +38.8% |
| 2007 | 6.3% | -16.9% |
| 2008 | 4.7% | -24.7% |
| 2009 | 6.7% | +41.1% |
| 2010 | 5.7% | -15.0% |
| 2011 | 2.9% | -48.6% |
| 2012 | 4.7% | +60.1% |
| 2013 | 4.9% | +4.6% |
| 2014 | 4.3% | -10.9% |
| 2015 | 3.9% | -9.9% |
| 2016 | 4.3% | +9.7% |
| 2017 | 3.7% | -13.4% |
| 2018 | 5.4% | +46.6% |
| 2019 | 6.4% | +17.8% |
| 2020 | 5.2% | -18.7% |
| 2021 | 5.6% | +8.1% |
| 2022 | 4.0% | -28.2% |
| 2023 | 1.9% | -52.1% |
| 2024 | 2.1% | +10.8% |
| 2025 | 3.0% | +37.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.5% | 0.0% | 11.5% | 9 |
| 1970s | 5.9% | 0.5% | 8.6% | 10 |
| 1980s | 6.5% | 2.1% | 11.9% | 10 |
| 1990s | 5.1% | 2.4% | 10.4% | 10 |
| 2000s | 5.3% | 0.4% | 7.5% | 10 |
| 2010s | 4.6% | 2.9% | 6.4% | 10 |
| 2020s | 3.7% | 1.9% | 5.6% | 6 |
Countries ranked near South Korea
- 72 Serbia 3.1% compare
- 73 Chile 3.0% compare
- 74 Macao 3.0% compare
- 76 Mozambique 2.9% compare
- 77 Costa Rica 2.8% compare
- 78 Bosnia and Herzegovina 2.8% compare
More economy & growth data for South Korea
- Manufacturing, value added (constant LCU), per capita 12.06 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.1 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3433 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 12,437 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.48 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 488.33 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 17.69 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1897 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3525 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 12,771 constant 2015 US$ per person (2025)
Frequently asked questions
- What is general government final consumption expenditure in South Korea?
- General government final consumption expenditure in South Korea was 3.0% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in South Korea?
- The highest recorded value was 11.9% in 1980.
- What is the lowest general government final consumption expenditure recorded in South Korea?
- The lowest recorded value was 0.0% in 1964.
- How does South Korea rank for general government final consumption expenditure?
- South Korea ranks 75th out of 173 countries with data for 2025.
- Is general government final consumption expenditure rising or falling in South Korea?
- Over the last ten years it is down 24.3%. The long-run trend across the full record is falling.
- 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 General government final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.