Households and NPISHs Final consumption expenditure (constant 2015) in Republic of Korea
Republic of Korea: Households and NPISHs Final consumption expenditure (constant 2015) was 17,853 constant 2015 US$ per person in 2025. ◆ Volatile
Households and NPISHs Final consumption expenditure (constant 2015) in Republic of Korea, 1960–2025
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Republic of Korea recorded 17,853 constant 2015 US$ per person for households and npishs final consumption expenditure (constant 2015) in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.4% on the previous year and up 18.8% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant 2015) in Republic of Korea peaked at 17,853 constant 2015 US$ per person in 2025 and was at its lowest, 1,067 constant 2015 US$ per person, in 1961.
That places Republic of Korea 33rd out of 172 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure (constant 2015) in Republic of Korea, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 1960 | 1,073 constant 2015 US$ per person | — |
| 1961 | 1,067 constant 2015 US$ per person | -0.5% |
| 1962 | 1,139 constant 2015 US$ per person | +6.8% |
| 1963 | 1,155 constant 2015 US$ per person | +1.4% |
| 1964 | 1,223 constant 2015 US$ per person | +5.8% |
| 1965 | 1,276 constant 2015 US$ per person | +4.3% |
| 1966 | 1,326 constant 2015 US$ per person | +4.0% |
| 1967 | 1,411 constant 2015 US$ per person | +6.4% |
| 1968 | 1,525 constant 2015 US$ per person | +8.0% |
| 1969 | 1,651 constant 2015 US$ per person | +8.3% |
| 1970 | 1,789 constant 2015 US$ per person | +8.4% |
| 1971 | 1,925 constant 2015 US$ per person | +7.6% |
| 1972 | 1,999 constant 2015 US$ per person | +3.8% |
| 1973 | 2,146 constant 2015 US$ per person | +7.3% |
| 1974 | 2,273 constant 2015 US$ per person | +5.9% |
| 1975 | 2,368 constant 2015 US$ per person | +4.2% |
| 1976 | 2,530 constant 2015 US$ per person | +6.9% |
| 1977 | 2,632 constant 2015 US$ per person | +4.0% |
| 1978 | 2,813 constant 2015 US$ per person | +6.9% |
| 1979 | 3,017 constant 2015 US$ per person | +7.3% |
| 1980 | 2,969 constant 2015 US$ per person | -1.6% |
| 1981 | 3,083 constant 2015 US$ per person | +3.8% |
| 1982 | 3,266 constant 2015 US$ per person | +5.9% |
| 1983 | 3,517 constant 2015 US$ per person | +7.7% |
| 1984 | 3,744 constant 2015 US$ per person | +6.4% |
| 1985 | 3,987 constant 2015 US$ per person | +6.5% |
| 1986 | 4,324 constant 2015 US$ per person | +8.5% |
| 1987 | 4,652 constant 2015 US$ per person | +7.6% |
| 1988 | 5,049 constant 2015 US$ per person | +8.5% |
| 1989 | 5,549 constant 2015 US$ per person | +9.9% |
| 1990 | 6,048 constant 2015 US$ per person | +9.0% |
| 1991 | 6,533 constant 2015 US$ per person | +8.0% |
| 1992 | 6,930 constant 2015 US$ per person | +6.1% |
| 1993 | 7,349 constant 2015 US$ per person | +6.1% |
| 1994 | 7,962 constant 2015 US$ per person | +8.3% |
| 1995 | 8,739 constant 2015 US$ per person | +9.8% |
| 1996 | 9,339 constant 2015 US$ per person | +6.9% |
| 1997 | 9,655 constant 2015 US$ per person | +3.4% |
| 1998 | 8,453 constant 2015 US$ per person | -12.5% |
| 1999 | 9,416 constant 2015 US$ per person | +11.4% |
| 2000 | 10,182 constant 2015 US$ per person | +8.1% |
| 2001 | 10,694 constant 2015 US$ per person | +5.0% |
| 2002 | 11,602 constant 2015 US$ per person | +8.5% |
| 2003 | 11,524 constant 2015 US$ per person | -0.7% |
| 2004 | 11,542 constant 2015 US$ per person | +0.2% |
| 2005 | 12,061 constant 2015 US$ per person | +4.5% |
| 2006 | 12,596 constant 2015 US$ per person | +4.4% |
| 2007 | 13,212 constant 2015 US$ per person | +4.9% |
| 2008 | 13,341 constant 2015 US$ per person | +1.0% |
| 2009 | 13,300 constant 2015 US$ per person | -0.3% |
| 2010 | 13,826 constant 2015 US$ per person | +4.0% |
| 2011 | 14,147 constant 2015 US$ per person | +2.3% |
| 2012 | 14,317 constant 2015 US$ per person | +1.2% |
| 2013 | 14,513 constant 2015 US$ per person | +1.4% |
| 2014 | 14,723 constant 2015 US$ per person | +1.5% |
| 2015 | 15,024 constant 2015 US$ per person | +2.0% |
| 2016 | 15,381 constant 2015 US$ per person | +2.4% |
| 2017 | 15,777 constant 2015 US$ per person | +2.6% |
| 2018 | 16,224 constant 2015 US$ per person | +2.8% |
| 2019 | 16,551 constant 2015 US$ per person | +2.0% |
| 2020 | 15,761 constant 2015 US$ per person | -4.8% |
| 2021 | 16,371 constant 2015 US$ per person | +3.9% |
| 2022 | 17,094 constant 2015 US$ per person | +4.4% |
| 2023 | 17,425 constant 2015 US$ per person | +1.9% |
| 2024 | 17,599 constant 2015 US$ per person | +1.0% |
| 2025 | 17,853 constant 2015 US$ per person | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1,285 constant 2015 US$ per person | 1,067 constant 2015 US$ per person | 1,651 constant 2015 US$ per person | 10 |
| 1970s | 2,349 constant 2015 US$ per person | 1,789 constant 2015 US$ per person | 3,017 constant 2015 US$ per person | 10 |
| 1980s | 4,014 constant 2015 US$ per person | 2,969 constant 2015 US$ per person | 5,549 constant 2015 US$ per person | 10 |
| 1990s | 8,042 constant 2015 US$ per person | 6,048 constant 2015 US$ per person | 9,655 constant 2015 US$ per person | 10 |
| 2000s | 12,005 constant 2015 US$ per person | 10,182 constant 2015 US$ per person | 13,341 constant 2015 US$ per person | 10 |
| 2010s | 15,048 constant 2015 US$ per person | 13,826 constant 2015 US$ per person | 16,551 constant 2015 US$ per person | 10 |
| 2020s | 17,017 constant 2015 US$ per person | 15,761 constant 2015 US$ per person | 17,853 constant 2015 US$ per person | 6 |
Countries ranked near Republic of Korea
- 30 Italy 19,966 constant 2015 US$ per person compare
- 31 Japan 19,751 constant 2015 US$ per person compare
- 32 Greenland 18,871 constant 2015 US$ per person compare
- 34 Spain 16,636 constant 2015 US$ per person compare
- 35 Malta 16,546 constant 2015 US$ per person compare
- 36 Greece 15,806 constant 2015 US$ per person compare
More economy & growth data for Republic of Korea
- Households and NPISHs Final consumption expenditure (current LCU) 3.17 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 683.09 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 24.75 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4928 constant 2015 US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), annual growth rate -0.6167 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6567 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 23,790 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 3.69 % change on previous year (2025)
- Final consumption expenditure (current LCU), per unit of GDP 934.12 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant 2015) in Republic of Korea?
- Households and npishs final consumption expenditure (constant 2015) in Republic of Korea was 17,853 constant 2015 US$ per person in 2025, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant 2015) recorded in Republic of Korea?
- The highest recorded value was 17,853 constant 2015 US$ per person in 2025.
- What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Republic of Korea?
- The lowest recorded value was 1,067 constant 2015 US$ per person in 1961.
- How does Republic of Korea rank for households and npishs final consumption expenditure (constant 2015)?
- Republic of Korea ranks 33rd out of 172 countries with data for 2025.
- Is households and npishs final consumption expenditure (constant 2015) rising or falling in Republic of Korea?
- Over the last ten years it is up 18.8%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant 2015 US$) ÷ Population, total
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.