Households and NPISHs Final consumption … 2015 US constant in South Korea
South Korea: Households and NPISHs Final consumption … 2015 US constant was 922.75 billion constant 2015 US$ in 2025. ◆ Volatile
Households and NPISHs Final consumption expenditure in South Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in South Korea is 922.75 billion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 1.3% on the previous year and up 20.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in South Korea peaked at 922.75 billion constant 2015 US$ in 2025 and was at its lowest, 26.84 billion constant 2015 US$, in 1960.
That places South Korea 15th out of 172 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption … 2015 US constant in South Korea, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 26.84 billion constant 2015 US$ | — |
| 1961 | 27.50 billion constant 2015 US$ | +2.5% |
| 1962 | 30.21 billion constant 2015 US$ | +9.9% |
| 1963 | 31.50 billion constant 2015 US$ | +4.3% |
| 1964 | 34.21 billion constant 2015 US$ | +8.6% |
| 1965 | 36.61 billion constant 2015 US$ | +7.0% |
| 1966 | 39.04 billion constant 2015 US$ | +6.6% |
| 1967 | 42.52 billion constant 2015 US$ | +8.9% |
| 1968 | 47.02 billion constant 2015 US$ | +10.6% |
| 1969 | 52.08 billion constant 2015 US$ | +10.8% |
| 1970 | 57.68 billion constant 2015 US$ | +10.7% |
| 1971 | 63.29 billion constant 2015 US$ | +9.7% |
| 1972 | 66.97 billion constant 2015 US$ | +5.8% |
| 1973 | 73.17 billion constant 2015 US$ | +9.3% |
| 1974 | 78.85 billion constant 2015 US$ | +7.8% |
| 1975 | 83.53 billion constant 2015 US$ | +5.9% |
| 1976 | 90.70 billion constant 2015 US$ | +8.6% |
| 1977 | 95.85 billion constant 2015 US$ | +5.7% |
| 1978 | 104.00 billion constant 2015 US$ | +8.5% |
| 1979 | 113.24 billion constant 2015 US$ | +8.9% |
| 1980 | 113.20 billion constant 2015 US$ | -0.0% |
| 1981 | 119.38 billion constant 2015 US$ | +5.5% |
| 1982 | 128.44 billion constant 2015 US$ | +7.6% |
| 1983 | 140.37 billion constant 2015 US$ | +9.3% |
| 1984 | 151.27 billion constant 2015 US$ | +7.8% |
| 1985 | 162.67 billion constant 2015 US$ | +7.5% |
| 1986 | 178.22 billion constant 2015 US$ | +9.6% |
| 1987 | 193.64 billion constant 2015 US$ | +8.7% |
| 1988 | 212.23 billion constant 2015 US$ | +9.6% |
| 1989 | 235.56 billion constant 2015 US$ | +11.0% |
| 1990 | 259.26 billion constant 2015 US$ | +10.1% |
| 1991 | 282.85 billion constant 2015 US$ | +9.1% |
| 1992 | 303.16 billion constant 2015 US$ | +7.2% |
| 1993 | 324.79 billion constant 2015 US$ | +7.1% |
| 1994 | 355.43 billion constant 2015 US$ | +9.4% |
| 1995 | 394.06 billion constant 2015 US$ | +10.9% |
| 1996 | 425.16 billion constant 2015 US$ | +7.9% |
| 1997 | 443.70 billion constant 2015 US$ | +4.4% |
| 1998 | 391.24 billion constant 2015 US$ | -11.8% |
| 1999 | 438.95 billion constant 2015 US$ | +12.2% |
| 2000 | 478.65 billion constant 2015 US$ | +9.0% |
| 2001 | 506.56 billion constant 2015 US$ | +5.8% |
| 2002 | 552.79 billion constant 2015 US$ | +9.1% |
| 2003 | 551.92 billion constant 2015 US$ | -0.2% |
| 2004 | 554.97 billion constant 2015 US$ | +0.6% |
| 2005 | 581.16 billion constant 2015 US$ | +4.7% |
| 2006 | 610.15 billion constant 2015 US$ | +5.0% |
| 2007 | 643.22 billion constant 2015 US$ | +5.4% |
| 2008 | 654.42 billion constant 2015 US$ | +1.7% |
| 2009 | 655.77 billion constant 2015 US$ | +0.2% |
| 2010 | 685.11 billion constant 2015 US$ | +4.5% |
| 2011 | 706.46 billion constant 2015 US$ | +3.1% |
| 2012 | 718.71 billion constant 2015 US$ | +1.7% |
| 2013 | 731.86 billion constant 2015 US$ | +1.8% |
| 2014 | 747.15 billion constant 2015 US$ | +2.1% |
| 2015 | 766.42 billion constant 2015 US$ | +2.6% |
| 2016 | 787.76 billion constant 2015 US$ | +2.8% |
| 2017 | 810.32 billion constant 2015 US$ | +2.9% |
| 2018 | 836.89 billion constant 2015 US$ | +3.3% |
| 2019 | 856.75 billion constant 2015 US$ | +2.4% |
| 2020 | 816.98 billion constant 2015 US$ | -4.6% |
| 2021 | 847.53 billion constant 2015 US$ | +3.7% |
| 2022 | 883.27 billion constant 2015 US$ | +4.2% |
| 2023 | 901.12 billion constant 2015 US$ | +2.0% |
| 2024 | 910.75 billion constant 2015 US$ | +1.1% |
| 2025 | 922.75 billion constant 2015 US$ | +1.3% |
South Korea compared with similar countries
- South Korea's 922.75 billion constant 2015 US$ is above the median for high income countries, which is 105.80 billion constant 2015 US$, 8.7× the median. (63 countries reporting)
- South Korea's 922.75 billion constant 2015 US$ is above the median for East Asia & Pacific, which is 13.58 billion constant 2015 US$, 67.9× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 36.75 billion constant 2015 US$ | 26.84 billion constant 2015 US$ | 52.08 billion constant 2015 US$ | 10 |
| 1970s | 82.73 billion constant 2015 US$ | 57.68 billion constant 2015 US$ | 113.24 billion constant 2015 US$ | 10 |
| 1980s | 163.50 billion constant 2015 US$ | 113.20 billion constant 2015 US$ | 235.56 billion constant 2015 US$ | 10 |
| 1990s | 361.86 billion constant 2015 US$ | 259.26 billion constant 2015 US$ | 443.70 billion constant 2015 US$ | 10 |
| 2000s | 578.96 billion constant 2015 US$ | 478.65 billion constant 2015 US$ | 655.77 billion constant 2015 US$ | 10 |
| 2010s | 764.74 billion constant 2015 US$ | 685.11 billion constant 2015 US$ | 856.75 billion constant 2015 US$ | 10 |
| 2020s | 880.40 billion constant 2015 US$ | 816.98 billion constant 2015 US$ | 922.75 billion constant 2015 US$ | 6 |
Countries ranked near South Korea
- 12 Russia 954.76 billion constant 2015 US$ compare
- 13 Turkey 937.40 billion constant 2015 US$ compare
- 14 Australia 928.78 billion constant 2015 US$ compare
- 16 Spain 821.05 billion constant 2015 US$ compare
- 17 Indonesia 727.66 billion constant 2015 US$ compare
- 18 Egypt 443.55 billion constant 2015 US$ 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 households and npishs final consumption expenditure in South Korea?
- Households and npishs final consumption expenditure in South Korea was 922.75 billion constant 2015 US$ 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 South Korea?
- The highest recorded value was 922.75 billion constant 2015 US$ in 2025.
- What is the lowest households and npishs final consumption expenditure recorded in South Korea?
- The lowest recorded value was 26.84 billion constant 2015 US$ in 1960.
- How does South Korea rank for households and npishs final consumption expenditure?
- South Korea ranks 15th out of 172 countries with data for 2025.
- Is households and npishs final consumption expenditure rising or falling in South Korea?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is volatile.
- Where does this South 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 (constant 2015 US$). 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
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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.