Households and NPISHs Final consumption expenditure in Republic of Korea
Republic of Korea: Households and NPISHs Final consumption expenditure was 1.3% in 2025. ◆ Volatile
Households and NPISHs Final consumption expenditure in Republic of Korea, 1961–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for households and npishs final consumption expenditure in Republic of Korea is 1.3%, measured in 2025.
The figure is up 23.1% on the previous year and down 48.9% over ten years.
Over the whole period, households and npishs final consumption expenditure in Republic of Korea peaked at 12.2% in 1999 and was at its lowest, -11.8%, in 1998.
That places Republic of Korea 141st out of 177 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Republic of Korea, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 2.5% | — |
| 1962 | 9.9% | +297.6% |
| 1963 | 4.3% | -56.7% |
| 1964 | 8.6% | +101.8% |
| 1965 | 7.0% | -18.5% |
| 1966 | 6.6% | -5.7% |
| 1967 | 8.9% | +34.9% |
| 1968 | 10.6% | +18.5% |
| 1969 | 10.8% | +1.9% |
| 1970 | 10.7% | -0.3% |
| 1971 | 9.7% | -9.4% |
| 1972 | 5.8% | -40.3% |
| 1973 | 9.3% | +59.2% |
| 1974 | 7.8% | -16.1% |
| 1975 | 5.9% | -23.5% |
| 1976 | 8.6% | +44.4% |
| 1977 | 5.7% | -33.8% |
| 1978 | 8.5% | +49.6% |
| 1979 | 8.9% | +4.6% |
| 1980 | -0.0% | -100.4% |
| 1981 | 5.5% | -15443.2% |
| 1982 | 7.6% | +39.1% |
| 1983 | 9.3% | +22.5% |
| 1984 | 7.8% | -16.4% |
| 1985 | 7.5% | -3.0% |
| 1986 | 9.6% | +26.8% |
| 1987 | 8.7% | -9.5% |
| 1988 | 9.6% | +10.9% |
| 1989 | 11.0% | +14.5% |
| 1990 | 10.1% | -8.5% |
| 1991 | 9.1% | -9.5% |
| 1992 | 7.2% | -21.1% |
| 1993 | 7.1% | -0.6% |
| 1994 | 9.4% | +32.2% |
| 1995 | 10.9% | +15.2% |
| 1996 | 7.9% | -27.4% |
| 1997 | 4.4% | -44.7% |
| 1998 | -11.8% | -371.1% |
| 1999 | 12.2% | -203.1% |
| 2000 | 9.0% | -25.8% |
| 2001 | 5.8% | -35.5% |
| 2002 | 9.1% | +56.5% |
| 2003 | -0.2% | -101.7% |
| 2004 | 0.6% | -451.3% |
| 2005 | 4.7% | +752.8% |
| 2006 | 5.0% | +5.7% |
| 2007 | 5.4% | +8.6% |
| 2008 | 1.7% | -67.9% |
| 2009 | 0.2% | -88.2% |
| 2010 | 4.5% | +2075.2% |
| 2011 | 3.1% | -30.4% |
| 2012 | 1.7% | -44.4% |
| 2013 | 1.8% | +5.5% |
| 2014 | 2.1% | +14.3% |
| 2015 | 2.6% | +23.4% |
| 2016 | 2.8% | +8.0% |
| 2017 | 2.9% | +2.8% |
| 2018 | 3.3% | +14.5% |
| 2019 | 2.4% | -27.7% |
| 2020 | -4.6% | -295.6% |
| 2021 | 3.7% | -180.5% |
| 2022 | 4.2% | +12.8% |
| 2023 | 2.0% | -52.1% |
| 2024 | 1.1% | -47.1% |
| 2025 | 1.3% | +23.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.7% | 2.5% | 10.8% | 9 |
| 1970s | 8.1% | 5.7% | 10.7% | 10 |
| 1980s | 7.6% | -0.0% | 11.0% | 10 |
| 1990s | 6.6% | -11.8% | 12.2% | 10 |
| 2000s | 4.1% | -0.2% | 9.1% | 10 |
| 2010s | 2.7% | 1.7% | 4.5% | 10 |
| 2020s | 1.3% | -4.6% | 4.2% | 6 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Gross capital formation (constant 2015 US$), annual growth rate -1.74 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2815 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 10,198 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 0.6183 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.406 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 14,708 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 4.98 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 577.49 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 20.92 million current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 3.84 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Republic of Korea?
- Households and npishs final consumption expenditure in Republic of Korea was 1.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Republic of Korea?
- The highest recorded value was 12.2% in 1999.
- What is the lowest households and npishs final consumption expenditure recorded in Republic of Korea?
- The lowest recorded value was -11.8% in 1998.
- How does Republic of Korea rank for households and npishs final consumption expenditure?
- Republic of Korea ranks 141st out of 177 countries with data for 2025.
- Is households and npishs final consumption expenditure rising or falling in Republic of Korea?
- Over the last ten years it is down 48.9%. 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 Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.