Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in South Korea
South Korea: Gross national expenditure (constant 2015 US$), per unit of GDP (unit) was 0.9523 constant 2015 US$ per US$ of GDP in 2025. ◆ Volatile
Gross national expenditure (constant 2015 US$), per unit of GDP in South Korea, 1960–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
South 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 South 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.
South 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$), per unit of GDP (unit) in South Korea, year by year
| Year | constant 2015 US$ 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% |
South Korea compared with similar countries
- South Korea's 0.9523 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.7302 constant 2015 US$ per US$ of GDP, 1.3× the median. (58 countries reporting)
- South Korea's 0.9523 constant 2015 US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.9769 constant 2015 US$ per US$ of GDP, 97% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure (constant 2015 US$), per unit of GDP (unit) in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1961 | +69.5% | 9.5 constant 2015 US$ per US$ of GDP | 16.1 constant 2015 US$ per US$ of GDP |
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 South 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 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 South Korea
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -0.4147 % change on previous year (2025)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), per unit of gdp in South Korea?
- Gross national expenditure (constant 2015 us$), per unit of gdp in South 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$), per unit of gdp recorded in South Korea?
- The highest recorded value was 16.37 constant 2015 US$ per US$ of GDP in 1965.
- What is the lowest gross national expenditure (constant 2015 us$), per unit of gdp recorded in South Korea?
- The lowest recorded value was 0.8723 constant 2015 US$ per US$ of GDP in 2021.
- How does South Korea rank for gross national expenditure (constant 2015 us$), per unit of gdp?
- South Korea ranks 42nd out of 163 countries with data for 2025.
- Is gross national expenditure (constant 2015 us$), per unit of gdp rising or falling in South Korea?
- Over the last ten years it is up 1.9%. 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 Gross national expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross national expenditure (constant 2015 US$) 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.