Gross national expenditure (current LCU), annual growth rate in Republic of Korea
Republic of Korea: Gross national expenditure (current LCU), annual growth rate was 2.92 % change on previous year in 2025. ◆ Volatile
Latest (2025)
2.92 % change on previous year
Change on year
up 30.5%
World rank
155th
of 185 countries
All-time high
53.33 % change on previous year
in 1974
All-time low
-11.72 % change on previous year
in 1998
Years of data
65
1961–2025
Gross national expenditure (current LCU), annual growth rate in Republic of Korea, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Republic of Korea recorded 2.92 % change on previous year for gross national expenditure (current lcu), annual growth rate in 2025.
The figure is up 30.5% on the previous year and down 29.0% over ten years.
Over the whole period, gross national expenditure (current lcu), annual growth rate in Republic of Korea peaked at 53.33 % change on previous year in 1974 and was at its lowest, -11.72 % change on previous year, in 1998.
Republic of Korea ranks 155th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current LCU), annual growth rate in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 20.91 % change on previous year | — |
| 1962 | 22.44 % change on previous year | +7.3% |
| 1963 | 40.68 % change on previous year | +81.3% |
| 1964 | 38.24 % change on previous year | -6.0% |
| 1965 | 13.2 % change on previous year | -65.5% |
| 1966 | 31.6 % change on previous year | +139.4% |
| 1967 | 24.59 % change on previous year | -22.2% |
| 1968 | 30.75 % change on previous year | +25.0% |
| 1969 | 29.94 % change on previous year | -2.6% |
| 1970 | 24.03 % change on previous year | -19.7% |
| 1971 | 23.89 % change on previous year | -0.6% |
| 1972 | 17.88 % change on previous year | -25.2% |
| 1973 | 28.45 % change on previous year | +59.1% |
| 1974 | 53.33 % change on previous year | +87.5% |
| 1975 | 30.62 % change on previous year | -42.6% |
| 1976 | 29.94 % change on previous year | -2.2% |
| 1977 | 27.37 % change on previous year | -8.6% |
| 1978 | 38.4 % change on previous year | +40.3% |
| 1979 | 32.58 % change on previous year | -15.2% |
| 1980 | 24.36 % change on previous year | -25.2% |
| 1981 | 23.48 % change on previous year | -3.6% |
| 1982 | 13.66 % change on previous year | -41.8% |
| 1983 | 15.28 % change on previous year | +11.9% |
| 1984 | 12.65 % change on previous year | -17.2% |
| 1985 | 11.68 % change on previous year | -7.7% |
| 1986 | 14.01 % change on previous year | +19.9% |
| 1987 | 15.03 % change on previous year | +7.3% |
| 1988 | 20.44 % change on previous year | +36.0% |
| 1989 | 18.78 % change on previous year | -8.1% |
| 1990 | 24.16 % change on previous year | +28.7% |
| 1991 | 22.67 % change on previous year | -6.2% |
| 1992 | 12.76 % change on previous year | -43.7% |
| 1993 | 12.48 % change on previous year | -2.2% |
| 1994 | 19.58 % change on previous year | +56.9% |
| 1995 | 18 % change on previous year | -8.1% |
| 1996 | 14.62 % change on previous year | -18.8% |
| 1997 | 7.9 % change on previous year | -46.0% |
| 1998 | -11.72 % change on previous year | -248.4% |
| 1999 | 16.27 % change on previous year | -238.8% |
| 2000 | 14.25 % change on previous year | -12.4% |
| 2001 | 8.99 % change on previous year | -36.9% |
| 2002 | 11.23 % change on previous year | +25.0% |
| 2003 | 6.36 % change on previous year | -43.4% |
| 2004 | 6.5 % change on previous year | +2.2% |
| 2005 | 6.9 % change on previous year | +6.1% |
| 2006 | 6.76 % change on previous year | -1.9% |
| 2007 | 8.26 % change on previous year | +22.2% |
| 2008 | 7.26 % change on previous year | -12.2% |
| 2009 | -0.13 % change on previous year | -101.8% |
| 2010 | 11.53 % change on previous year | -8963.1% |
| 2011 | 6.77 % change on previous year | -41.3% |
| 2012 | 2.15 % change on previous year | -68.3% |
| 2013 | 2.51 % change on previous year | +16.8% |
| 2014 | 3.93 % change on previous year | +56.7% |
| 2015 | 4.12 % change on previous year | +4.8% |
| 2016 | 5.55 % change on previous year | +34.7% |
| 2017 | 7.57 % change on previous year | +36.5% |
| 2018 | 4.1 % change on previous year | -45.9% |
| 2019 | 3.33 % change on previous year | -18.7% |
| 2020 | -0.2119 % change on previous year | -106.4% |
| 2021 | 8.29 % change on previous year | -4013.5% |
| 2022 | 8.23 % change on previous year | -0.8% |
| 2023 | 3.26 % change on previous year | -60.4% |
| 2024 | 2.24 % change on previous year | -31.3% |
| 2025 | 2.92 % change on previous year | +30.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 28.04 % change on previous year | 13.2 % change on previous year | 40.68 % change on previous year | 9 |
| 1970s | 30.65 % change on previous year | 17.88 % change on previous year | 53.33 % change on previous year | 10 |
| 1980s | 16.94 % change on previous year | 11.68 % change on previous year | 24.36 % change on previous year | 10 |
| 1990s | 13.67 % change on previous year | -11.72 % change on previous year | 24.16 % change on previous year | 10 |
| 2000s | 7.64 % change on previous year | -0.13 % change on previous year | 14.25 % change on previous year | 10 |
| 2010s | 5.15 % change on previous year | 2.15 % change on previous year | 11.53 % change on previous year | 10 |
| 2020s | 4.12 % change on previous year | -0.2119 % change on previous year | 8.29 % change on previous year | 6 |
Countries ranked near Republic of Korea
- 152 Mexico 3.66 % change on previous year compare
- 153 China 3.38 % change on previous year compare
- 154 Papua New Guinea 3.22 % change on previous year compare
- 156 Thailand 2.92 % change on previous year compare
- 157 Costa Rica 2.9 % change on previous year compare
- 158 French Polynesia 2.78 % change on previous year 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), 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 unit of GDP 0.9523 constant 2015 US$ per US$ of GDP (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 (current lcu), annual growth rate in Republic of Korea?
- Gross national expenditure (current lcu), annual growth rate in Republic of Korea was 2.92 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest gross national expenditure (current lcu), annual growth rate recorded in Republic of Korea?
- The highest recorded value was 53.33 % change on previous year in 1974.
- What is the lowest gross national expenditure (current lcu), annual growth rate recorded in Republic of Korea?
- The lowest recorded value was -11.72 % change on previous year in 1998.
- How does Republic of Korea rank for gross national expenditure (current lcu), annual growth rate?
- Republic of Korea ranks 155th out of 185 countries with data for 2025.
- Is gross national expenditure (current lcu), annual growth rate rising or falling in Republic of Korea?
- Over the last ten years it is down 29.0%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure 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
The year-on-year percentage change in Gross national expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.