General government final consumption expenditure (current LCU) in Korea

Korea: General government final consumption expenditure (current LCU) was 5.14 % change on previous year in 2025. ◆ Volatile

Latest (2025)
5.14 % change on previous year
Change on year
up 16.3%
World rank
121st
of 185 countries
All-time high
54.64 % change on previous year
in 1974
All-time low
4.42 % change on previous year
in 2024
Years of data
65
1961–2025

General government final consumption expenditure (current LCU) in Korea, 1961–2025

0204060196119932025

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

Analysis

Korea recorded 5.14 % change on previous year for general government final consumption expenditure (current lcu) in 2025.

The figure is up 16.3% on the previous year and down 1.5% over ten years.

Over the whole period, general government final consumption expenditure (current lcu) in Korea peaked at 54.64 % change on previous year in 1974 and was at its lowest, 4.42 % change on previous year, in 2024.

That places Korea 121st out of 185 countries with data for 2025, putting it in the middle of the range.

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

General government final consumption expenditure (current LCU) in Korea, year by year

Annual values for General government final consumption expenditure (current LCU), annual growth rate in Korea, 1961 to 2025.
Year % change on previous year Change
1961 12.64 % change on previous year
1962 23.69 % change on previous year +87.4%
1963 10.08 % change on previous year -57.4%
1964 11.17 % change on previous year +10.8%
1965 22.57 % change on previous year +102.0%
1966 38.71 % change on previous year +71.5%
1967 25.68 % change on previous year -33.7%
1968 32.54 % change on previous year +26.7%
1969 27.69 % change on previous year -14.9%
1970 26.06 % change on previous year -5.9%
1971 26.49 % change on previous year +1.7%
1972 27.66 % change on previous year +4.4%
1973 9.89 % change on previous year -64.2%
1974 54.64 % change on previous year +452.4%
1975 54 % change on previous year -1.2%
1976 33.84 % change on previous year -37.3%
1977 27.37 % change on previous year -19.1%
1978 25.03 % change on previous year -8.6%
1979 27.32 % change on previous year +9.2%
1980 48.15 % change on previous year +76.2%
1981 26.28 % change on previous year -45.4%
1982 12.82 % change on previous year -51.2%
1983 12.23 % change on previous year -4.6%
1984 9.43 % change on previous year -22.9%
1985 12.67 % change on previous year +34.4%
1986 13.21 % change on previous year +4.3%
1987 15.21 % change on previous year +15.1%
1988 19.26 % change on previous year +26.6%
1989 23.1 % change on previous year +20.0%
1990 23.56 % change on previous year +2.0%
1991 18.26 % change on previous year -22.5%
1992 18.02 % change on previous year -1.4%
1993 10.61 % change on previous year -41.1%
1994 13.14 % change on previous year +23.9%
1995 15.04 % change on previous year +14.4%
1996 16.52 % change on previous year +9.9%
1997 8.76 % change on previous year -47.0%
1998 10.83 % change on previous year +23.7%
1999 6.75 % change on previous year -37.6%
2000 8.08 % change on previous year +19.6%
2001 16.49 % change on previous year +104.1%
2002 10.66 % change on previous year -35.3%
2003 10.29 % change on previous year -3.5%
2004 10.41 % change on previous year +1.1%
2005 9.53 % change on previous year -8.4%
2006 9.1 % change on previous year -4.6%
2007 8.66 % change on previous year -4.7%
2008 10.51 % change on previous year +21.4%
2009 8.93 % change on previous year -15.0%
2010 6.34 % change on previous year -29.1%
2011 6.6 % change on previous year +4.1%
2012 6.1 % change on previous year -7.5%
2013 6.32 % change on previous year +3.6%
2014 5.96 % change on previous year -5.7%
2015 5.21 % change on previous year -12.6%
2016 6 % change on previous year +15.1%
2017 6.49 % change on previous year +8.2%
2018 7.79 % change on previous year +20.0%
2019 7.87 % change on previous year +1.0%
2020 6.65 % change on previous year -15.5%
2021 8.2 % change on previous year +23.3%
2022 8.35 % change on previous year +1.8%
2023 4.46 % change on previous year -46.6%
2024 4.42 % change on previous year -1.0%
2025 5.14 % change on previous year +16.3%

Averages by decade

DecadeAverage LowestHighest Years
1960s 22.75 % change on previous year 10.08 % change on previous year 38.71 % change on previous year 9
1970s 31.23 % change on previous year 9.89 % change on previous year 54.64 % change on previous year 10
1980s 19.24 % change on previous year 9.43 % change on previous year 48.15 % change on previous year 10
1990s 14.15 % change on previous year 6.75 % change on previous year 23.56 % change on previous year 10
2000s 10.27 % change on previous year 8.08 % change on previous year 16.49 % change on previous year 10
2010s 6.47 % change on previous year 5.21 % change on previous year 7.87 % change on previous year 10
2020s 6.2 % change on previous year 4.42 % change on previous year 8.35 % change on previous year 6

Countries ranked near Korea

  1. 118 Spain 5.25 % change on previous year compare
  2. 119 Singapore 5.18 % change on previous year compare
  3. 120 Burkina Faso 5.14 % change on previous year compare
  4. 122 United States Virgin Islands 5.1 % change on previous year compare
  5. 123 Norway 4.9 % change on previous year compare
  6. 124 Nicaragua 4.73 % change on previous year compare

See the full ranking of 185 places →

More economy & growth data for Korea

All data for Korea →

Frequently asked questions

What is general government final consumption expenditure (current lcu) in Korea?
General government final consumption expenditure (current lcu) in Korea was 5.14 % change on previous year in 2025, according to Statizoid (derived).
What is the highest general government final consumption expenditure (current lcu) recorded in Korea?
The highest recorded value was 54.64 % change on previous year in 1974.
What is the lowest general government final consumption expenditure (current lcu) recorded in Korea?
The lowest recorded value was 4.42 % change on previous year in 2024.
How does Korea rank for general government final consumption expenditure (current lcu)?
Korea ranks 121st out of 185 countries with data for 2025.
Is general government final consumption expenditure (current lcu) rising or falling in Korea?
Over the last ten years it is down 1.5%. The long-run trend across the full record is volatile.
Where does this Korea data come from?
The figures come from Statizoid (derived), published as part of General government final consumption expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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General government final consumption expenditure (current LCU) in Korea. Statizoid, drawing on Statizoid (derived). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/general-government-final-consumption-expenditure-current-lcu-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 (current LCU). 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 (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
185 places, 8,493 data points, 1961–2025
Last refreshed

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