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
General government final consumption expenditure (constant 2015 US$) in Korea, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, general government final consumption expenditure (constant 2015 us$) 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
| 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
| Decade | Average | Lowest | Highest | 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
- 72 Serbia 3.15 % change on previous year compare
- 73 Chile 3.05 % change on previous year compare
- 74 Macau, China 3.02 % change on previous year compare
- 76 Mozambique 2.86 % change on previous year compare
- 77 Costa Rica 2.85 % change on previous year compare
- 78 Bosnia and Herzegovina 2.82 % change on previous year compare
More economy & growth data for Korea
- Total reserves minus gold (current US$), annual growth rate 3.04 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2253 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 8,163 current US$ per person (2025)
- General government final consumption expenditure (current US$) 0.7703 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1765 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 6,393 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.14 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 251.03 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 9.09 million current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1775 constant 2015 US$ per US$ of GDP (2025)
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$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government 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 General government final consumption expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.