General government final consumption expenditure (constant 2015 US$) in Korea

Korea: General government final consumption expenditure (constant 2015 US$) was 2.96 % change on previous year in 2025. ▼ Falling

Latest (2025)
2.96 % change on previous year
Change on year
up 37.9%
World rank
75th
of 168 countries
All-time high
11.94 % change on previous year
in 1980
All-time low
0.0318 % change on previous year
in 1964
Years of data
65
1961–2025

General government final consumption expenditure (constant 2015 US$) in Korea, 1961–2025

02.557.51012.5196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2025, general government final consumption expenditure (constant 2015 us$) in Korea stood at 2.96 % change on previous year.

That represents a change of up 37.9% on the previous year and down 24.3% over ten years.

Over the whole period, general government final consumption expenditure (constant 2015 us$) in Korea peaked at 11.94 % change on previous year in 1980 and was at its lowest, 0.0318 % change on previous year, in 1964.

That places Korea 75th out of 168 countries with data for 2025, putting it 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 (constant 2015 US$) in Korea, year by year

Annual values for General government final consumption expenditure (constant 2015 US$), annual growth rate in Korea, 1961 to 2025.
Year % change on previous year Change
1961 0.5732 % change on previous year
1962 4.04 % change on previous year +605.6%
1963 5.62 % change on previous year +38.9%
1964 0.0318 % change on previous year -99.4%
1965 6.49 % change on previous year +20301.4%
1966 11.49 % change on previous year +77.2%
1967 9.33 % change on previous year -18.8%
1968 10.62 % change on previous year +13.8%
1969 10.59 % change on previous year -0.3%
1970 7.24 % change on previous year -31.6%
1971 8.56 % change on previous year +18.2%
1972 8.1 % change on previous year -5.3%
1973 2.19 % change on previous year -73.0%
1974 7.21 % change on previous year +229.2%
1975 6.84 % change on previous year -5.2%
1976 0.5245 % change on previous year -92.3%
1977 6.87 % change on previous year +1210.6%
1978 5.55 % change on previous year -19.3%
1979 5.76 % change on previous year +3.8%
1980 11.94 % change on previous year +107.2%
1981 6.67 % change on previous year -44.1%
1982 2.14 % change on previous year -67.9%
1983 3.6 % change on previous year +68.5%
1984 4.77 % change on previous year +32.3%
1985 3.31 % change on previous year -30.7%
1986 5.23 % change on previous year +58.2%
1987 7.18 % change on previous year +37.3%
1988 8.43 % change on previous year +17.5%
1989 11.26 % change on previous year +33.6%
1990 10.37 % change on previous year -7.9%
1991 4.81 % change on previous year -53.6%
1992 6.23 % change on previous year +29.5%
1993 4.1 % change on previous year -34.3%
1994 3.29 % change on previous year -19.6%
1995 3.79 % change on previous year +15.1%
1996 6.91 % change on previous year +82.2%
1997 2.41 % change on previous year -65.2%
1998 4.01 % change on previous year +66.6%
1999 4.9 % change on previous year +22.2%
2000 0.3862 % change on previous year -92.1%
2001 5.98 % change on previous year +1449.0%
2002 6.36 % change on previous year +6.3%
2003 4.94 % change on previous year -22.3%
2004 4.44 % change on previous year -10.2%
2005 5.44 % change on previous year +22.4%
2006 7.54 % change on previous year +38.7%
2007 6.27 % change on previous year -16.9%
2008 4.72 % change on previous year -24.7%
2009 6.65 % change on previous year +41.1%
2010 5.65 % change on previous year -15.0%
2011 2.91 % change on previous year -48.6%
2012 4.66 % change on previous year +60.2%
2013 4.87 % change on previous year +4.6%
2014 4.34 % change on previous year -10.9%
2015 3.91 % change on previous year -9.9%
2016 4.29 % change on previous year +9.7%
2017 3.72 % change on previous year -13.4%
2018 5.45 % change on previous year +46.6%
2019 6.42 % change on previous year +17.8%
2020 5.22 % change on previous year -18.7%
2021 5.64 % change on previous year +8.1%
2022 4.05 % change on previous year -28.2%
2023 1.94 % change on previous year -52.1%
2024 2.15 % change on previous year +10.8%
2025 2.96 % change on previous year +37.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.53 % change on previous year 0.0318 % change on previous year 11.49 % change on previous year 9
1970s 5.89 % change on previous year 0.5245 % change on previous year 8.56 % change on previous year 10
1980s 6.45 % change on previous year 2.14 % change on previous year 11.94 % change on previous year 10
1990s 5.08 % change on previous year 2.41 % change on previous year 10.37 % change on previous year 10
2000s 5.27 % change on previous year 0.3862 % change on previous year 7.54 % change on previous year 10
2010s 4.62 % change on previous year 2.91 % change on previous year 6.42 % change on previous year 10
2020s 3.66 % change on previous year 1.94 % change on previous year 5.64 % change on previous year 6

Countries ranked near Korea

  1. 72 Serbia 3.15 % change on previous year compare
  2. 73 Chile 3.05 % change on previous year compare
  3. 74 Macau, China 3.02 % change on previous year compare
  4. 76 Mozambique 2.86 % change on previous year compare
  5. 77 Costa Rica 2.85 % change on previous year compare
  6. 78 Bosnia and Herzegovina 2.82 % change on previous year compare

See the full ranking of 201 places →

More economy & growth data for Korea

All data for Korea →

Frequently asked questions

What is general government final consumption expenditure (constant 2015 us$) in Korea?
General government final consumption expenditure (constant 2015 us$) in Korea was 2.96 % change on previous year in 2025, according to Statizoid (derived).
What is the highest general government final consumption expenditure (constant 2015 us$) recorded in Korea?
The highest recorded value was 11.94 % change on previous year in 1980.
What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in Korea?
The lowest recorded value was 0.0318 % change on previous year in 1964.
How does Korea rank for general government final consumption expenditure (constant 2015 us$)?
Korea ranks 75th out of 168 countries with data for 2025.
Is general government final consumption expenditure (constant 2015 us$) rising or falling in Korea?
Over the last ten years it is down 24.3%. The long-run trend across the full record is falling.
Where does this Korea data come from?
The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (constant 2015 US$) in Korea. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-constant-2015-us-annual-growth-rate/korea-rep/

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How this figure is calculated

The year-on-year percentage change in General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
General government final consumption expenditure (constant 2015 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
201 places, 8,420 data points, 1961–2025
Last refreshed

The year-on-year percentage change in General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.