General government final consumption expenditure in Republic of Korea
Republic of Korea: General government final consumption expenditure was 411.92 trillion constant LCU in 2025. ◆ Volatile
General government final consumption expenditure in Republic of Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for general government final consumption expenditure in Republic of Korea is 411.92 trillion constant LCU, measured in 2025. That is the highest value across all 66 years on record.
That represents a change of up 3.0% on the previous year and up 50.5% over ten years.
Over the whole period, general government final consumption expenditure in Republic of Korea peaked at 411.92 trillion constant LCU in 2025 and was at its lowest, 13.41 trillion constant LCU, in 1960.
Republic of Korea ranks 4th of 175 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Republic of Korea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 13.41 trillion constant LCU | — |
| 1961 | 13.49 trillion constant LCU | +0.6% |
| 1962 | 14.03 trillion constant LCU | +4.0% |
| 1963 | 14.82 trillion constant LCU | +5.6% |
| 1964 | 14.82 trillion constant LCU | +0.0% |
| 1965 | 15.79 trillion constant LCU | +6.5% |
| 1966 | 17.60 trillion constant LCU | +11.5% |
| 1967 | 19.24 trillion constant LCU | +9.3% |
| 1968 | 21.29 trillion constant LCU | +10.6% |
| 1969 | 23.54 trillion constant LCU | +10.6% |
| 1970 | 25.24 trillion constant LCU | +7.2% |
| 1971 | 27.40 trillion constant LCU | +8.6% |
| 1972 | 29.62 trillion constant LCU | +8.1% |
| 1973 | 30.27 trillion constant LCU | +2.2% |
| 1974 | 32.46 trillion constant LCU | +7.2% |
| 1975 | 34.68 trillion constant LCU | +6.8% |
| 1976 | 34.86 trillion constant LCU | +0.5% |
| 1977 | 37.26 trillion constant LCU | +6.9% |
| 1978 | 39.32 trillion constant LCU | +5.5% |
| 1979 | 41.59 trillion constant LCU | +5.8% |
| 1980 | 46.55 trillion constant LCU | +11.9% |
| 1981 | 49.66 trillion constant LCU | +6.7% |
| 1982 | 50.72 trillion constant LCU | +2.1% |
| 1983 | 52.55 trillion constant LCU | +3.6% |
| 1984 | 55.05 trillion constant LCU | +4.8% |
| 1985 | 56.87 trillion constant LCU | +3.3% |
| 1986 | 59.85 trillion constant LCU | +5.2% |
| 1987 | 64.14 trillion constant LCU | +7.2% |
| 1988 | 69.55 trillion constant LCU | +8.4% |
| 1989 | 77.38 trillion constant LCU | +11.3% |
| 1990 | 85.41 trillion constant LCU | +10.4% |
| 1991 | 89.52 trillion constant LCU | +4.8% |
| 1992 | 95.09 trillion constant LCU | +6.2% |
| 1993 | 98.99 trillion constant LCU | +4.1% |
| 1994 | 102.25 trillion constant LCU | +3.3% |
| 1995 | 106.13 trillion constant LCU | +3.8% |
| 1996 | 113.46 trillion constant LCU | +6.9% |
| 1997 | 116.19 trillion constant LCU | +2.4% |
| 1998 | 120.86 trillion constant LCU | +4.0% |
| 1999 | 126.78 trillion constant LCU | +4.9% |
| 2000 | 127.27 trillion constant LCU | +0.4% |
| 2001 | 134.88 trillion constant LCU | +6.0% |
| 2002 | 143.46 trillion constant LCU | +6.4% |
| 2003 | 150.55 trillion constant LCU | +4.9% |
| 2004 | 157.24 trillion constant LCU | +4.4% |
| 2005 | 165.78 trillion constant LCU | +5.4% |
| 2006 | 178.29 trillion constant LCU | +7.5% |
| 2007 | 189.46 trillion constant LCU | +6.3% |
| 2008 | 198.40 trillion constant LCU | +4.7% |
| 2009 | 211.59 trillion constant LCU | +6.7% |
| 2010 | 223.56 trillion constant LCU | +5.7% |
| 2011 | 230.06 trillion constant LCU | +2.9% |
| 2012 | 240.77 trillion constant LCU | +4.7% |
| 2013 | 252.50 trillion constant LCU | +4.9% |
| 2014 | 263.46 trillion constant LCU | +4.3% |
| 2015 | 273.75 trillion constant LCU | +3.9% |
| 2016 | 285.50 trillion constant LCU | +4.3% |
| 2017 | 296.10 trillion constant LCU | +3.7% |
| 2018 | 312.23 trillion constant LCU | +5.4% |
| 2019 | 332.26 trillion constant LCU | +6.4% |
| 2020 | 349.59 trillion constant LCU | +5.2% |
| 2021 | 369.29 trillion constant LCU | +5.6% |
| 2022 | 384.24 trillion constant LCU | +4.0% |
| 2023 | 391.68 trillion constant LCU | +1.9% |
| 2024 | 400.08 trillion constant LCU | +2.1% |
| 2025 | 411.92 trillion constant LCU | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.80 trillion constant LCU | 13.41 trillion constant LCU | 23.54 trillion constant LCU | 10 |
| 1970s | 33.27 trillion constant LCU | 25.24 trillion constant LCU | 41.59 trillion constant LCU | 10 |
| 1980s | 58.23 trillion constant LCU | 46.55 trillion constant LCU | 77.38 trillion constant LCU | 10 |
| 1990s | 105.47 trillion constant LCU | 85.41 trillion constant LCU | 126.78 trillion constant LCU | 10 |
| 2000s | 165.69 trillion constant LCU | 127.27 trillion constant LCU | 211.59 trillion constant LCU | 10 |
| 2010s | 271.02 trillion constant LCU | 223.56 trillion constant LCU | 332.26 trillion constant LCU | 10 |
| 2020s | 384.47 trillion constant LCU | 349.59 trillion constant LCU | 411.92 trillion constant LCU | 6 |
Countries ranked near Republic of Korea
- 1 Iran, Islamic Republic of 10,151.50 trillion constant LCU compare
- 2 Indonesia 981.99 trillion constant LCU compare
- 3 Viet Nam 622.22 trillion constant LCU compare
- 5 Colombia 171.23 trillion constant LCU compare
- 6 Japan 120.92 trillion constant LCU compare
- 7 Iraq 45.94 trillion constant LCU compare
More economy & growth data for Republic of Korea
- GNI, Atlas method (current US$), annual growth rate 2.94 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 37,884 current US$ per person (2025)
- GNI (current US$), annual growth rate 0.1093 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 36,849 current US$ per person (2025)
- GNI (current LCU), annual growth rate 4.45 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,447 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 52.42 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 18.84 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure in Republic of Korea?
- General government final consumption expenditure in Republic of Korea was 411.92 trillion constant LCU 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 Republic of Korea?
- The highest recorded value was 411.92 trillion constant LCU in 2025.
- What is the lowest general government final consumption expenditure recorded in Republic of Korea?
- The lowest recorded value was 13.41 trillion constant LCU in 1960.
- How does Republic of Korea rank for general government final consumption expenditure?
- Republic of Korea ranks 4th out of 175 countries with data for 2025.
- Is general government final consumption expenditure rising or falling in Republic of Korea?
- Over the last ten years it is up 50.5%. The long-run trend across the full record is volatile.
- Where does this Republic of 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 (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.