General government final consumption expenditure … unit 2015 in South Korea

South Korea: General government final consumption expenditure … unit 2015 was 0.1775 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile

Latest (2025)
0.1775 constant 2015 US$ per US$ of GDP
Change on year
up 3.1%
World rank
35th
of 168 countries
All-time high
4.48 constant 2015 US$ per US$ of GDP
in 1961
All-time low
0.1252 constant 2015 US$ per US$ of GDP
in 2007
Years of data
66
1960–2025

General government final consumption expenditure (constant 2015 US$) in South Korea, 1960–2025

01234196019922025

Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.

Analysis

South Korea recorded 0.1775 constant 2015 US$ per US$ of GDP for general government final consumption expenditure (constant 2015 us$) in 2025.

Compared with earlier readings it is up 3.1% on the previous year and up 23.7% over ten years.

Over the whole period, general government final consumption expenditure (constant 2015 us$) in South Korea peaked at 4.48 constant 2015 US$ per US$ of GDP in 1961 and was at its lowest, 0.1252 constant 2015 US$ per US$ of GDP, in 2007.

That places South Korea 35th out of 168 countries with data for 2025, putting it in the top quarter.

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

General government final consumption expenditure … unit 2015 in South Korea, year by year

Annual values for General government final consumption expenditure (constant 2015 US$), per unit of GDP in South Korea, 1960 to 2025.
Year constant 2015 US$ per US$ of GDP Change
1960 2.72 constant 2015 US$ per US$ of GDP —
1961 4.48 constant 2015 US$ per US$ of GDP +64.6%
1962 4 constant 2015 US$ per US$ of GDP -10.7%
1963 2.98 constant 2015 US$ per US$ of GDP -25.5%
1964 3.44 constant 2015 US$ per US$ of GDP +15.3%
1965 4.05 constant 2015 US$ per US$ of GDP +17.9%
1966 3.59 constant 2015 US$ per US$ of GDP -11.5%
1967 3.17 constant 2015 US$ per US$ of GDP -11.6%
1968 2.78 constant 2015 US$ per US$ of GDP -12.2%
1969 2.45 constant 2015 US$ per US$ of GDP -11.9%
1970 2.24 constant 2015 US$ per US$ of GDP -8.6%
1971 2.21 constant 2015 US$ per US$ of GDP -1.4%
1972 2.17 constant 2015 US$ per US$ of GDP -1.6%
1973 1.74 constant 2015 US$ per US$ of GDP -20.2%
1974 1.32 constant 2015 US$ per US$ of GDP -24.1%
1975 1.26 constant 2015 US$ per US$ of GDP -4.1%
1976 0.9258 constant 2015 US$ per US$ of GDP -26.8%
1977 0.7693 constant 2015 US$ per US$ of GDP -16.9%
1978 0.6005 constant 2015 US$ per US$ of GDP -21.9%
1979 0.4927 constant 2015 US$ per US$ of GDP -17.9%
1980 0.5643 constant 2015 US$ per US$ of GDP +14.5%
1981 0.5392 constant 2015 US$ per US$ of GDP -4.4%
1982 0.5119 constant 2015 US$ per US$ of GDP -5.1%
1983 0.473 constant 2015 US$ per US$ of GDP -7.6%
1984 0.4452 constant 2015 US$ per US$ of GDP -5.9%
1985 0.4421 constant 2015 US$ per US$ of GDP -0.7%
1986 0.4024 constant 2015 US$ per US$ of GDP -9.0%
1987 0.3399 constant 2015 US$ per US$ of GDP -15.5%
1988 0.273 constant 2015 US$ per US$ of GDP -19.7%
1989 0.2455 constant 2015 US$ per US$ of GDP -10.1%
1990 0.2359 constant 2015 US$ per US$ of GDP -3.9%
1991 0.2118 constant 2015 US$ per US$ of GDP -10.2%
1992 0.2091 constant 2015 US$ per US$ of GDP -1.3%
1993 0.1968 constant 2015 US$ per US$ of GDP -5.9%
1994 0.1721 constant 2015 US$ per US$ of GDP -12.5%
1995 0.146 constant 2015 US$ per US$ of GDP -15.2%
1996 0.145 constant 2015 US$ per US$ of GDP -0.7%
1997 0.1591 constant 2015 US$ per US$ of GDP +9.7%
1998 0.2454 constant 2015 US$ per US$ of GDP +54.3%
1999 0.1983 constant 2015 US$ per US$ of GDP -19.2%
2000 0.1718 constant 2015 US$ per US$ of GDP -13.4%
2001 0.1917 constant 2015 US$ per US$ of GDP +11.6%
2002 0.178 constant 2015 US$ per US$ of GDP -7.1%
2003 0.1667 constant 2015 US$ per US$ of GDP -6.4%
2004 0.1541 constant 2015 US$ per US$ of GDP -7.6%
2005 0.1376 constant 2015 US$ per US$ of GDP -10.7%
2006 0.1313 constant 2015 US$ per US$ of GDP -4.6%
2007 0.1252 constant 2015 US$ per US$ of GDP -4.7%
2008 0.1466 constant 2015 US$ per US$ of GDP +17.1%
2009 0.1736 constant 2015 US$ per US$ of GDP +18.4%
2010 0.1512 constant 2015 US$ per US$ of GDP -12.9%
2011 0.142 constant 2015 US$ per US$ of GDP -6.1%
2012 0.1454 constant 2015 US$ per US$ of GDP +2.4%
2013 0.142 constant 2015 US$ per US$ of GDP -2.4%
2014 0.1366 constant 2015 US$ per US$ of GDP -3.8%
2015 0.1435 constant 2015 US$ per US$ of GDP +5.1%
2016 0.1458 constant 2015 US$ per US$ of GDP +1.7%
2017 0.1397 constant 2015 US$ per US$ of GDP -4.2%
2018 0.1381 constant 2015 US$ per US$ of GDP -1.1%
2019 0.1531 constant 2015 US$ per US$ of GDP +10.9%
2020 0.1617 constant 2015 US$ per US$ of GDP +5.6%
2021 0.1534 constant 2015 US$ per US$ of GDP -5.1%
2022 0.1723 constant 2015 US$ per US$ of GDP +12.3%
2023 0.1713 constant 2015 US$ per US$ of GDP -0.6%
2024 0.1721 constant 2015 US$ per US$ of GDP +0.5%
2025 0.1775 constant 2015 US$ per US$ of GDP +3.1%

South Korea compared with similar countries

  • South Korea's 0.1775 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.1423 constant 2015 US$ per US$ of GDP, 1.2× the median. (60 countries reporting)
  • South Korea's 0.1775 constant 2015 US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1455 constant 2015 US$ per US$ of GDP, 1.2× the median. (24 countries reporting)

Biggest year-on-year movements

Years where General government final consumption expenditure … unit 2015 in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1961 +64.6% 2.72 constant 2015 US$ per US$ of GDP 4.48 constant 2015 US$ per US$ of GDP
1998 +54.3% 0.1591 constant 2015 US$ per US$ of GDP 0.2454 constant 2015 US$ per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.37 constant 2015 US$ per US$ of GDP 2.45 constant 2015 US$ per US$ of GDP 4.48 constant 2015 US$ per US$ of GDP 10
1970s 1.37 constant 2015 US$ per US$ of GDP 0.4927 constant 2015 US$ per US$ of GDP 2.24 constant 2015 US$ per US$ of GDP 10
1980s 0.4236 constant 2015 US$ per US$ of GDP 0.2455 constant 2015 US$ per US$ of GDP 0.5643 constant 2015 US$ per US$ of GDP 10
1990s 0.192 constant 2015 US$ per US$ of GDP 0.145 constant 2015 US$ per US$ of GDP 0.2454 constant 2015 US$ per US$ of GDP 10
2000s 0.1577 constant 2015 US$ per US$ of GDP 0.1252 constant 2015 US$ per US$ of GDP 0.1917 constant 2015 US$ per US$ of GDP 10
2010s 0.1437 constant 2015 US$ per US$ of GDP 0.1366 constant 2015 US$ per US$ of GDP 0.1531 constant 2015 US$ per US$ of GDP 10
2020s 0.168 constant 2015 US$ per US$ of GDP 0.1534 constant 2015 US$ per US$ of GDP 0.1775 constant 2015 US$ per US$ of GDP 6

Countries ranked near South Korea

  1. 32 Canada 0.1818 constant 2015 US$ per US$ of GDP compare
  2. 33 Netherlands 0.1815 constant 2015 US$ per US$ of GDP compare
  3. 34 Cape Verde 0.1799 constant 2015 US$ per US$ of GDP compare
  4. 36 Belgium 0.177 constant 2015 US$ per US$ of GDP compare
  5. 37 Denmark 0.1768 constant 2015 US$ per US$ of GDP compare
  6. 38 Brazil 0.1729 constant 2015 US$ per US$ of GDP compare

See the full ranking of 201 places →

More economy & growth data for South Korea

All data for South Korea →

Frequently asked questions

What is general government final consumption expenditure (constant 2015 us$) in South Korea?
General government final consumption expenditure (constant 2015 us$) in South Korea was 0.1775 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest general government final consumption expenditure (constant 2015 us$) recorded in South Korea?
The highest recorded value was 4.48 constant 2015 US$ per US$ of GDP in 1961.
What is the lowest general government final consumption expenditure (constant 2015 us$) recorded in South Korea?
The lowest recorded value was 0.1252 constant 2015 US$ per US$ of GDP in 2007.
How does South Korea rank for general government final consumption expenditure (constant 2015 us$)?
South Korea ranks 35th out of 168 countries with data for 2025.
Is general government final consumption expenditure (constant 2015 us$) rising or falling in South Korea?
Over the last ten years it is up 23.7%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (constant 2015 US$) in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 25 October 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-constant-2015-us-per-unit-of-gdp/korea-rep/

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How this figure is calculated

General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

General government final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)

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$), per unit of GDP
Unit
constant 2015 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
201 places, 8,610 data points, 1960–2025
Last refreshed

General government final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.