Gross national expenditure (constant 2015 US$), per unit of GDP in Republic of Korea
Republic of Korea: Gross national expenditure (constant 2015 US$), per unit of GDP was 0.9523 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Latest (2025)
0.9523 constant 2015 US$ per US$ of GDP
Change on year
up 0.9%
World rank
42nd
of 163 countries
All-time high
16.37 constant 2015 US$ per US$ of GDP
in 1965
All-time low
0.8723 constant 2015 US$ per US$ of GDP
in 2021
Years of data
66
1960–2025
Gross national expenditure (constant 2015 US$), per unit of GDP in Republic of Korea, 1960–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Republic of Korea recorded 0.9523 constant 2015 US$ per US$ of GDP for gross national expenditure (constant 2015 us$), per unit of gdp in 2025.
That represents a change of up 0.9% on the previous year and up 1.9% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), per unit of gdp in Republic of Korea peaked at 16.37 constant 2015 US$ per US$ of GDP in 1965 and was at its lowest, 0.8723 constant 2015 US$ per US$ of GDP, in 2021.
Republic of Korea ranks 42nd of 163 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant 2015 US$), per unit of GDP in Republic of Korea, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 9.5 constant 2015 US$ per US$ of GDP | — |
| 1961 | 16.1 constant 2015 US$ per US$ of GDP | +69.5% |
| 1962 | 14.96 constant 2015 US$ per US$ of GDP | -7.1% |
| 1963 | 11.33 constant 2015 US$ per US$ of GDP | -24.2% |
| 1964 | 13.84 constant 2015 US$ per US$ of GDP | +22.1% |
| 1965 | 16.37 constant 2015 US$ per US$ of GDP | +18.2% |
| 1966 | 14.41 constant 2015 US$ per US$ of GDP | -11.9% |
| 1967 | 12.82 constant 2015 US$ per US$ of GDP | -11.1% |
| 1968 | 11.56 constant 2015 US$ per US$ of GDP | -9.8% |
| 1969 | 10.41 constant 2015 US$ per US$ of GDP | -10.0% |
| 1970 | 9.67 constant 2015 US$ per US$ of GDP | -7.1% |
| 1971 | 9.7 constant 2015 US$ per US$ of GDP | +0.3% |
| 1972 | 9.13 constant 2015 US$ per US$ of GDP | -5.9% |
| 1973 | 7.93 constant 2015 US$ per US$ of GDP | -13.1% |
| 1974 | 6.24 constant 2015 US$ per US$ of GDP | -21.3% |
| 1975 | 5.88 constant 2015 US$ per US$ of GDP | -5.8% |
| 1976 | 4.7 constant 2015 US$ per US$ of GDP | -20.0% |
| 1977 | 4.03 constant 2015 US$ per US$ of GDP | -14.2% |
| 1978 | 3.37 constant 2015 US$ per US$ of GDP | -16.3% |
| 1979 | 2.89 constant 2015 US$ per US$ of GDP | -14.2% |
| 1980 | 2.88 constant 2015 US$ per US$ of GDP | -0.4% |
| 1981 | 2.71 constant 2015 US$ per US$ of GDP | -5.8% |
| 1982 | 2.71 constant 2015 US$ per US$ of GDP | -0.0% |
| 1983 | 2.66 constant 2015 US$ per US$ of GDP | -1.8% |
| 1984 | 2.58 constant 2015 US$ per US$ of GDP | -2.9% |
| 1985 | 2.66 constant 2015 US$ per US$ of GDP | +2.8% |
| 1986 | 2.54 constant 2015 US$ per US$ of GDP | -4.5% |
| 1987 | 2.2 constant 2015 US$ per US$ of GDP | -13.2% |
| 1988 | 1.83 constant 2015 US$ per US$ of GDP | -16.9% |
| 1989 | 1.67 constant 2015 US$ per US$ of GDP | -9.0% |
| 1990 | 1.62 constant 2015 US$ per US$ of GDP | -2.7% |
| 1991 | 1.55 constant 2015 US$ per US$ of GDP | -4.2% |
| 1992 | 1.52 constant 2015 US$ per US$ of GDP | -2.4% |
| 1993 | 1.46 constant 2015 US$ per US$ of GDP | -3.9% |
| 1994 | 1.36 constant 2015 US$ per US$ of GDP | -6.5% |
| 1995 | 1.22 constant 2015 US$ per US$ of GDP | -10.4% |
| 1996 | 1.23 constant 2015 US$ per US$ of GDP | +1.2% |
| 1997 | 1.36 constant 2015 US$ per US$ of GDP | +9.8% |
| 1998 | 1.71 constant 2015 US$ per US$ of GDP | +26.1% |
| 1999 | 1.52 constant 2015 US$ per US$ of GDP | -11.3% |
| 2000 | 1.44 constant 2015 US$ per US$ of GDP | -5.2% |
| 2001 | 1.58 constant 2015 US$ per US$ of GDP | +9.9% |
| 2002 | 1.5 constant 2015 US$ per US$ of GDP | -5.3% |
| 2003 | 1.36 constant 2015 US$ per US$ of GDP | -8.9% |
| 2004 | 1.23 constant 2015 US$ per US$ of GDP | -9.6% |
| 2005 | 1.09 constant 2015 US$ per US$ of GDP | -11.6% |
| 2006 | 1.02 constant 2015 US$ per US$ of GDP | -6.7% |
| 2007 | 0.9598 constant 2015 US$ per US$ of GDP | -5.6% |
| 2008 | 1.09 constant 2015 US$ per US$ of GDP | +13.5% |
| 2009 | 1.19 constant 2015 US$ per US$ of GDP | +9.1% |
| 2010 | 1.06 constant 2015 US$ per US$ of GDP | -10.6% |
| 2011 | 0.9989 constant 2015 US$ per US$ of GDP | -6.0% |
| 2012 | 0.9856 constant 2015 US$ per US$ of GDP | -1.3% |
| 2013 | 0.9373 constant 2015 US$ per US$ of GDP | -4.9% |
| 2014 | 0.889 constant 2015 US$ per US$ of GDP | -5.2% |
| 2015 | 0.9345 constant 2015 US$ per US$ of GDP | +5.1% |
| 2016 | 0.9499 constant 2015 US$ per US$ of GDP | +1.6% |
| 2017 | 0.9242 constant 2015 US$ per US$ of GDP | -2.7% |
| 2018 | 0.8873 constant 2015 US$ per US$ of GDP | -4.0% |
| 2019 | 0.9406 constant 2015 US$ per US$ of GDP | +6.0% |
| 2020 | 0.9322 constant 2015 US$ per US$ of GDP | -0.9% |
| 2021 | 0.8723 constant 2015 US$ per US$ of GDP | -6.4% |
| 2022 | 0.9684 constant 2015 US$ per US$ of GDP | +11.0% |
| 2023 | 0.9578 constant 2015 US$ per US$ of GDP | -1.1% |
| 2024 | 0.9442 constant 2015 US$ per US$ of GDP | -1.4% |
| 2025 | 0.9523 constant 2015 US$ per US$ of GDP | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.13 constant 2015 US$ per US$ of GDP | 9.5 constant 2015 US$ per US$ of GDP | 16.37 constant 2015 US$ per US$ of GDP | 10 |
| 1970s | 6.36 constant 2015 US$ per US$ of GDP | 2.89 constant 2015 US$ per US$ of GDP | 9.7 constant 2015 US$ per US$ of GDP | 10 |
| 1980s | 2.44 constant 2015 US$ per US$ of GDP | 1.67 constant 2015 US$ per US$ of GDP | 2.88 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 1.45 constant 2015 US$ per US$ of GDP | 1.22 constant 2015 US$ per US$ of GDP | 1.71 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 1.25 constant 2015 US$ per US$ of GDP | 0.9598 constant 2015 US$ per US$ of GDP | 1.58 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.951 constant 2015 US$ per US$ of GDP | 0.8873 constant 2015 US$ per US$ of GDP | 1.06 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.9379 constant 2015 US$ per US$ of GDP | 0.8723 constant 2015 US$ per US$ of GDP | 0.9684 constant 2015 US$ per US$ of GDP | 6 |
Countries ranked near Republic of Korea
- 39 Kosovo 0.971 constant 2015 US$ per US$ of GDP compare
- 39 Kosovo (UNSCR 1244) 0.971 constant 2015 US$ per US$ of GDP compare
- 41 Palestine, State of 0.9614 constant 2015 US$ per US$ of GDP compare
- 43 Uganda 0.9468 constant 2015 US$ per US$ of GDP compare
- 44 India 0.9465 constant 2015 US$ per US$ of GDP compare
- 45 Ghana 0.9394 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Republic of Korea
- Final consumption expenditure (constant 2015 US$), per capita 24,301 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate -1.35 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.948 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 34,344 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.92 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 1,348 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 48.85 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.6957 % change on previous year (2025)
- Gross national expenditure (constant 2015 US$), per capita 34,500 constant 2015 US$ per person (2025)
- Exports of goods and services (current US$), annual growth rate 3 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), per unit of gdp in Republic of Korea?
- Gross national expenditure (constant 2015 us$), per unit of gdp in Republic of Korea was 0.9523 constant 2015 US$ per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Republic of Korea?
- The highest recorded value was 16.37 constant 2015 US$ per US$ of GDP in 1965.
- What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in Republic of Korea?
- The lowest recorded value was 0.8723 constant 2015 US$ per US$ of GDP in 2021.
- How does Republic of Korea rank for gross national expenditure (constant 2015 us$), per unit of gdp?
- Republic of Korea ranks 42nd out of 163 countries with data for 2025.
- Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in Republic of Korea?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross national expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.