Households and NPISHs Final consumption expenditure in Republic of Korea
Republic of Korea: Households and NPISHs Final consumption expenditure was 1,111.48 trillion constant LCU in 2025. ◆ Volatile
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 LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure in Republic of Korea is 1,111.48 trillion constant LCU, 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 1,111.48 trillion constant LCU in 2025 and was at its lowest, 32.32 trillion constant LCU, in 1960.
Republic of Korea ranks 4th of 178 countries on this measure, 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 LCU | Change |
|---|---|---|
| 1960 | 32.32 trillion constant LCU | — |
| 1961 | 33.13 trillion constant LCU | +2.5% |
| 1962 | 36.39 trillion constant LCU | +9.9% |
| 1963 | 37.94 trillion constant LCU | +4.3% |
| 1964 | 41.21 trillion constant LCU | +8.6% |
| 1965 | 44.10 trillion constant LCU | +7.0% |
| 1966 | 47.02 trillion constant LCU | +6.6% |
| 1967 | 51.22 trillion constant LCU | +8.9% |
| 1968 | 56.63 trillion constant LCU | +10.6% |
| 1969 | 62.74 trillion constant LCU | +10.8% |
| 1970 | 69.48 trillion constant LCU | +10.7% |
| 1971 | 76.24 trillion constant LCU | +9.7% |
| 1972 | 80.67 trillion constant LCU | +5.8% |
| 1973 | 88.13 trillion constant LCU | +9.3% |
| 1974 | 94.98 trillion constant LCU | +7.8% |
| 1975 | 100.62 trillion constant LCU | +5.9% |
| 1976 | 109.25 trillion constant LCU | +8.6% |
| 1977 | 115.46 trillion constant LCU | +5.7% |
| 1978 | 125.27 trillion constant LCU | +8.5% |
| 1979 | 136.40 trillion constant LCU | +8.9% |
| 1980 | 136.35 trillion constant LCU | -0.0% |
| 1981 | 143.79 trillion constant LCU | +5.5% |
| 1982 | 154.71 trillion constant LCU | +7.6% |
| 1983 | 169.08 trillion constant LCU | +9.3% |
| 1984 | 182.22 trillion constant LCU | +7.8% |
| 1985 | 195.94 trillion constant LCU | +7.5% |
| 1986 | 214.67 trillion constant LCU | +9.6% |
| 1987 | 233.25 trillion constant LCU | +8.7% |
| 1988 | 255.64 trillion constant LCU | +9.6% |
| 1989 | 283.74 trillion constant LCU | +11.0% |
| 1990 | 312.29 trillion constant LCU | +10.1% |
| 1991 | 340.71 trillion constant LCU | +9.1% |
| 1992 | 365.17 trillion constant LCU | +7.2% |
| 1993 | 391.22 trillion constant LCU | +7.1% |
| 1994 | 428.13 trillion constant LCU | +9.4% |
| 1995 | 474.66 trillion constant LCU | +10.9% |
| 1996 | 512.12 trillion constant LCU | +7.9% |
| 1997 | 534.46 trillion constant LCU | +4.4% |
| 1998 | 471.26 trillion constant LCU | -11.8% |
| 1999 | 528.73 trillion constant LCU | +12.2% |
| 2000 | 576.55 trillion constant LCU | +9.0% |
| 2001 | 610.17 trillion constant LCU | +5.8% |
| 2002 | 665.85 trillion constant LCU | +9.1% |
| 2003 | 664.80 trillion constant LCU | -0.2% |
| 2004 | 668.48 trillion constant LCU | +0.6% |
| 2005 | 700.04 trillion constant LCU | +4.7% |
| 2006 | 734.96 trillion constant LCU | +5.0% |
| 2007 | 774.78 trillion constant LCU | +5.4% |
| 2008 | 788.28 trillion constant LCU | +1.7% |
| 2009 | 789.90 trillion constant LCU | +0.2% |
| 2010 | 825.24 trillion constant LCU | +4.5% |
| 2011 | 850.96 trillion constant LCU | +3.1% |
| 2012 | 865.72 trillion constant LCU | +1.7% |
| 2013 | 881.55 trillion constant LCU | +1.8% |
| 2014 | 899.98 trillion constant LCU | +2.1% |
| 2015 | 923.19 trillion constant LCU | +2.6% |
| 2016 | 948.89 trillion constant LCU | +2.8% |
| 2017 | 976.06 trillion constant LCU | +2.9% |
| 2018 | 1,008.07 trillion constant LCU | +3.3% |
| 2019 | 1,031.99 trillion constant LCU | +2.4% |
| 2020 | 984.09 trillion constant LCU | -4.6% |
| 2021 | 1,020.88 trillion constant LCU | +3.7% |
| 2022 | 1,063.93 trillion constant LCU | +4.2% |
| 2023 | 1,085.43 trillion constant LCU | +2.0% |
| 2024 | 1,097.04 trillion constant LCU | +1.1% |
| 2025 | 1,111.48 trillion constant LCU | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.27 trillion constant LCU | 32.32 trillion constant LCU | 62.74 trillion constant LCU | 10 |
| 1970s | 99.65 trillion constant LCU | 69.48 trillion constant LCU | 136.40 trillion constant LCU | 10 |
| 1980s | 196.94 trillion constant LCU | 136.35 trillion constant LCU | 283.74 trillion constant LCU | 10 |
| 1990s | 435.88 trillion constant LCU | 312.29 trillion constant LCU | 534.46 trillion constant LCU | 10 |
| 2000s | 697.38 trillion constant LCU | 576.55 trillion constant LCU | 789.90 trillion constant LCU | 10 |
| 2010s | 921.16 trillion constant LCU | 825.24 trillion constant LCU | 1,031.99 trillion constant LCU | 10 |
| 2020s | 1,060.47 trillion constant LCU | 984.09 trillion constant LCU | 1,111.48 trillion constant LCU | 6 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Services, value added (constant LCU), per capita 26.07 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.13 % change on previous year (2025)
- 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)
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 1,111.48 trillion constant LCU 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 1,111.48 trillion constant LCU in 2025.
- What is the lowest households and npishs final consumption expenditure recorded in Republic of Korea?
- The lowest recorded value was 32.32 trillion constant LCU in 1960.
- How does Republic of Korea rank for households and npishs final consumption expenditure?
- Republic of Korea ranks 4th out of 178 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 LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.