Households and NPISHs Final consumption expenditure in Republic of Korea
Republic of Korea: Households and NPISHs Final consumption expenditure was 922.75 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
922.75 billion constant 2015 US$
Change on year
up 1.3%
World rank
15th
of 171 countries
All-time high
922.75 billion constant 2015 US$
in 2025
All-time low
26.84 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Households and NPISHs Final consumption expenditure in Republic of Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in Republic of Korea is 922.75 billion constant 2015 US$, 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 Republic of Korea peaked at 922.75 billion constant 2015 US$ in 2025 and was at its lowest, 26.84 billion constant 2015 US$, in 1960.
That places Republic of Korea 15th out of 171 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Republic of Korea, year by year
| Year | constant 2015 US$ | 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% |
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 Republic of Korea
- 12 Russian Federation 954.76 billion constant 2015 US$ compare
- 13 Türkiye 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 Republic of Korea
- Gross value added at basic prices (GVA) (current US$), annual growth 0.0121 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9302 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 33,699 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 4.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,323 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 47.93 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 1.17 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9641 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 34,925 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 1.17 % 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 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 Republic of 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 Republic of Korea?
- The lowest recorded value was 26.84 billion constant 2015 US$ in 1960.
- How does Republic of Korea rank for households and npishs final consumption expenditure?
- Republic of Korea ranks 15th out of 171 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 up 20.4%. 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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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 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.