Gross national expenditure in Republic of Korea
Republic of Korea: Gross national expenditure was 2,173.30 trillion constant LCU in 2025. ◆ Volatile
Latest (2025)
2,173.30 trillion constant LCU
Change on year
up 0.7%
World rank
4th
of 168 countries
All-time high
2,173.30 trillion constant LCU
in 2025
All-time low
45.82 trillion constant LCU
in 1960
Years of data
66
1960–2025
Gross national expenditure in Republic of Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gross national expenditure in Republic of Korea stood at 2,173.30 trillion constant LCU. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 0.7% on the previous year and up 23.9% over ten years.
Over the whole period, gross national expenditure in Republic of Korea peaked at 2,173.30 trillion constant LCU in 2025 and was at its lowest, 45.82 trillion constant LCU, in 1960.
Republic of Korea ranks 4th of 168 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Republic of Korea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 45.82 trillion constant LCU | — |
| 1961 | 47.46 trillion constant LCU | +3.6% |
| 1962 | 51.33 trillion constant LCU | +8.2% |
| 1963 | 55.16 trillion constant LCU | +7.5% |
| 1964 | 58.43 trillion constant LCU | +5.9% |
| 1965 | 62.42 trillion constant LCU | +6.8% |
| 1966 | 69.29 trillion constant LCU | +11.0% |
| 1967 | 76.22 trillion constant LCU | +10.0% |
| 1968 | 86.66 trillion constant LCU | +13.7% |
| 1969 | 98.00 trillion constant LCU | +13.1% |
| 1970 | 106.84 trillion constant LCU | +9.0% |
| 1971 | 118.01 trillion constant LCU | +10.5% |
| 1972 | 121.90 trillion constant LCU | +3.3% |
| 1973 | 135.70 trillion constant LCU | +11.3% |
| 1974 | 150.76 trillion constant LCU | +11.1% |
| 1975 | 158.15 trillion constant LCU | +4.9% |
| 1976 | 173.68 trillion constant LCU | +9.8% |
| 1977 | 191.77 trillion constant LCU | +10.4% |
| 1978 | 217.12 trillion constant LCU | +13.2% |
| 1979 | 240.05 trillion constant LCU | +10.6% |
| 1980 | 233.50 trillion constant LCU | -2.7% |
| 1981 | 245.46 trillion constant LCU | +5.1% |
| 1982 | 264.01 trillion constant LCU | +7.6% |
| 1983 | 290.65 trillion constant LCU | +10.1% |
| 1984 | 314.01 trillion constant LCU | +8.0% |
| 1985 | 335.88 trillion constant LCU | +7.0% |
| 1986 | 370.92 trillion constant LCU | +10.4% |
| 1987 | 408.49 trillion constant LCU | +10.1% |
| 1988 | 458.06 trillion constant LCU | +12.1% |
| 1989 | 516.12 trillion constant LCU | +12.7% |
| 1990 | 576.93 trillion constant LCU | +11.8% |
| 1991 | 645.24 trillion constant LCU | +11.8% |
| 1992 | 677.95 trillion constant LCU | +5.1% |
| 1993 | 720.70 trillion constant LCU | +6.3% |
| 1994 | 795.85 trillion constant LCU | +10.4% |
| 1995 | 872.88 trillion constant LCU | +9.7% |
| 1996 | 950.75 trillion constant LCU | +8.9% |
| 1997 | 974.24 trillion constant LCU | +2.5% |
| 1998 | 827.63 trillion constant LCU | -15.0% |
| 1999 | 953.42 trillion constant LCU | +15.2% |
| 2000 | 1,046.98 trillion constant LCU | +9.8% |
| 2001 | 1,093.27 trillion constant LCU | +4.4% |
| 2002 | 1,185.80 trillion constant LCU | +8.5% |
| 2003 | 1,211.33 trillion constant LCU | +2.2% |
| 2004 | 1,237.29 trillion constant LCU | +2.1% |
| 2005 | 1,290.70 trillion constant LCU | +4.3% |
| 2006 | 1,357.08 trillion constant LCU | +5.1% |
| 2007 | 1,428.83 trillion constant LCU | +5.3% |
| 2008 | 1,449.31 trillion constant LCU | +1.4% |
| 2009 | 1,424.08 trillion constant LCU | -1.7% |
| 2010 | 1,545.95 trillion constant LCU | +8.6% |
| 2011 | 1,591.91 trillion constant LCU | +3.0% |
| 2012 | 1,604.38 trillion constant LCU | +0.8% |
| 2013 | 1,639.25 trillion constant LCU | +2.2% |
| 2014 | 1,686.54 trillion constant LCU | +2.9% |
| 2015 | 1,753.71 trillion constant LCU | +4.0% |
| 2016 | 1,829.02 trillion constant LCU | +4.3% |
| 2017 | 1,927.68 trillion constant LCU | +5.4% |
| 2018 | 1,973.81 trillion constant LCU | +2.4% |
| 2019 | 2,008.20 trillion constant LCU | +1.7% |
| 2020 | 1,982.60 trillion constant LCU | -1.3% |
| 2021 | 2,066.02 trillion constant LCU | +4.2% |
| 2022 | 2,124.45 trillion constant LCU | +2.8% |
| 2023 | 2,154.24 trillion constant LCU | +1.4% |
| 2024 | 2,158.54 trillion constant LCU | +0.2% |
| 2025 | 2,173.30 trillion constant LCU | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 65.08 trillion constant LCU | 45.82 trillion constant LCU | 98.00 trillion constant LCU | 10 |
| 1970s | 161.40 trillion constant LCU | 106.84 trillion constant LCU | 240.05 trillion constant LCU | 10 |
| 1980s | 343.71 trillion constant LCU | 233.50 trillion constant LCU | 516.12 trillion constant LCU | 10 |
| 1990s | 799.56 trillion constant LCU | 576.93 trillion constant LCU | 974.24 trillion constant LCU | 10 |
| 2000s | 1,272.47 trillion constant LCU | 1,046.98 trillion constant LCU | 1,449.31 trillion constant LCU | 10 |
| 2010s | 1,756.05 trillion constant LCU | 1,545.95 trillion constant LCU | 2,008.20 trillion constant LCU | 10 |
| 2020s | 2,109.86 trillion constant LCU | 1,982.60 trillion constant LCU | 2,173.30 trillion constant LCU | 6 |
Countries ranked near Republic of Korea
- 1 Iran, Islamic Republic of 72,855.90 trillion constant LCU compare
- 2 Indonesia 12,729.40 trillion constant LCU compare
- 3 Viet Nam 6,739.80 trillion constant LCU compare
- 5 Colombia 1,129.87 trillion constant LCU compare
- 6 Japan 578.50 trillion constant LCU compare
- 7 Somalia 527.38 trillion constant LCU compare
More economy & growth data for Republic of Korea
- Gross domestic savings (current US$), annual growth rate 0.7232 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3433 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,437 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.09 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 488.33 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 17.69 million current LCU per person (2025)
- 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)
Frequently asked questions
- What is gross national expenditure in Republic of Korea?
- Gross national expenditure in Republic of Korea was 2,173.30 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Republic of Korea?
- The highest recorded value was 2,173.30 trillion constant LCU in 2025.
- What is the lowest gross national expenditure recorded in Republic of Korea?
- The lowest recorded value was 45.82 trillion constant LCU in 1960.
- How does Republic of Korea rank for gross national expenditure?
- Republic of Korea ranks 4th out of 168 countries with data for 2025.
- Is gross national expenditure rising or falling in Republic of Korea?
- Over the last ten years it is up 23.9%. 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 Gross national expenditure (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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.