Households and NPISHs Final consumption … LCU rate annual growth in South Korea

South Korea: Households and NPISHs Final consumption … LCU rate annual growth was 3.17 % change on previous year in 2025. ◆ Volatile

Latest (2025)
3.17 % change on previous year
Change on year
up 4.0%
World rank
163rd
of 189 countries
All-time high
46.61 % change on previous year
in 1964
All-time low
-6.47 % change on previous year
in 1998
Years of data
65
1961–2025

Households and NPISHs Final consumption expenditure (current LCU) in South Korea, 1961–2025

02040196119932025

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

South Korea recorded 3.17 % change on previous year for households and npishs final consumption expenditure (current lcu) in 2025.

That represents a change of up 4.0% on the previous year and down 11.1% over ten years.

Over the whole period, households and npishs final consumption expenditure (current lcu) in South Korea peaked at 46.61 % change on previous year in 1964 and was at its lowest, -6.47 % change on previous year, in 1998.

That places South Korea 163rd out of 189 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 … LCU rate annual growth in South Korea, year by year

Annual values for Households and NPISHs Final consumption expenditure (current LCU), annual growth rate in South Korea, 1961 to 2025.
Year % change on previous year Change
1961 19.13 % change on previous year —
1962 20.32 % change on previous year +6.2%
1963 37.38 % change on previous year +84.0%
1964 46.61 % change on previous year +24.7%
1965 13.45 % change on previous year -71.2%
1966 20.81 % change on previous year +54.7%
1967 24.16 % change on previous year +16.1%
1968 22.94 % change on previous year -5.0%
1969 25.1 % change on previous year +9.4%
1970 29.07 % change on previous year +15.8%
1971 25.84 % change on previous year -11.1%
1972 19.94 % change on previous year -22.8%
1973 22.45 % change on previous year +12.6%
1974 43.43 % change on previous year +93.5%
1975 34.07 % change on previous year -21.5%
1976 28.08 % change on previous year -17.6%
1977 22.1 % change on previous year -21.3%
1978 32.25 % change on previous year +45.9%
1979 29.49 % change on previous year -8.6%
1980 28.06 % change on previous year -4.8%
1981 25.14 % change on previous year -10.4%
1982 13.13 % change on previous year -47.8%
1983 12.89 % change on previous year -1.8%
1984 11.76 % change on previous year -8.7%
1985 11.14 % change on previous year -5.3%
1986 11.53 % change on previous year +3.5%
1987 12.86 % change on previous year +11.6%
1988 15.87 % change on previous year +23.4%
1989 17.71 % change on previous year +11.6%
1990 20.03 % change on previous year +13.1%
1991 21.36 % change on previous year +6.6%
1992 15.98 % change on previous year -25.2%
1993 14.25 % change on previous year -10.8%
1994 19.98 % change on previous year +40.2%
1995 17.99 % change on previous year -10.0%
1996 15.23 % change on previous year -15.3%
1997 10.69 % change on previous year -29.8%
1998 -6.47 % change on previous year -160.5%
1999 14.98 % change on previous year -331.6%
2000 14.2 % change on previous year -5.2%
2001 10.15 % change on previous year -28.5%
2002 12.61 % change on previous year +24.2%
2003 3.28 % change on previous year -73.9%
2004 3.83 % change on previous year +16.6%
2005 7.08 % change on previous year +84.8%
2006 6.69 % change on previous year -5.6%
2007 7.53 % change on previous year +12.6%
2008 6.33 % change on previous year -15.8%
2009 2.88 % change on previous year -54.5%
2010 7.09 % change on previous year +146.0%
2011 6.95 % change on previous year -1.9%
2012 4.08 % change on previous year -41.3%
2013 2.98 % change on previous year -26.9%
2014 3.37 % change on previous year +13.1%
2015 3.56 % change on previous year +5.6%
2016 4.15 % change on previous year +16.5%
2017 4.89 % change on previous year +17.8%
2018 4.73 % change on previous year -3.2%
2019 3.1 % change on previous year -34.5%
2020 -3.75 % change on previous year -221.1%
2021 6.37 % change on previous year -269.7%
2022 8.85 % change on previous year +38.9%
2023 5.59 % change on previous year -36.8%
2024 3.04 % change on previous year -45.6%
2025 3.17 % change on previous year +4.0%

South Korea compared with similar countries

  • South Korea's 3.17 % change on previous year is below the median for high income countries, which is 4.55 % change on previous year, 70% of the median. (70 countries reporting)
  • South Korea's 3.17 % change on previous year is below the median for East Asia & Pacific, which is 4.99 % change on previous year, 63% of the median. (32 countries reporting)

Biggest year-on-year movements

Years where Households and NPISHs Final consumption … LCU rate annual growth in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1999 +331.6% -6.47 % change on previous year 14.98 % change on previous year
2021 +269.7% -3.75 % change on previous year 6.37 % change on previous year
2020 -221.1% 3.1 % change on previous year -3.75 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 25.54 % change on previous year 13.45 % change on previous year 46.61 % change on previous year 9
1970s 28.67 % change on previous year 19.94 % change on previous year 43.43 % change on previous year 10
1980s 16.01 % change on previous year 11.14 % change on previous year 28.06 % change on previous year 10
1990s 14.4 % change on previous year -6.47 % change on previous year 21.36 % change on previous year 10
2000s 7.46 % change on previous year 2.88 % change on previous year 14.2 % change on previous year 10
2010s 4.49 % change on previous year 2.98 % change on previous year 7.09 % change on previous year 10
2020s 3.88 % change on previous year -3.75 % change on previous year 8.85 % change on previous year 6

Countries ranked near South Korea

  1. 160 French Polynesia 3.34 % change on previous year compare
  2. 161 Austria 3.21 % change on previous year compare
  3. 162 Costa Rica 3.17 % change on previous year compare
  4. 164 American Samoa 3.16 % change on previous year compare
  5. 165 Estonia 2.99 % change on previous year compare
  6. 166 Faroe Islands 2.89 % change on previous year compare

See the full ranking of 189 places →

More economy & growth data for South Korea

All data for South Korea →

Frequently asked questions

What is households and npishs final consumption expenditure (current lcu) in South Korea?
Households and npishs final consumption expenditure (current lcu) in South Korea was 3.17 % change on previous year in 2025, according to Statizoid (derived).
What is the highest households and npishs final consumption expenditure (current lcu) recorded in South Korea?
The highest recorded value was 46.61 % change on previous year in 1964.
What is the lowest households and npishs final consumption expenditure (current lcu) recorded in South Korea?
The lowest recorded value was -6.47 % change on previous year in 1998.
How does South Korea rank for households and npishs final consumption expenditure (current lcu)?
South Korea ranks 163rd out of 189 countries with data for 2025.
Is households and npishs final consumption expenditure (current lcu) rising or falling in South Korea?
Over the last ten years it is down 11.1%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Statizoid (derived), published as part of Households and NPISHs Final consumption expenditure (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Households and NPISHs Final consumption expenditure (current LCU) in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 26 October 2026, from https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-current-lcu-annual-growth-rate/korea-rep/

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<a href="https://economy.statizoid.com/stat/households-and-npishs-final-consumption-expenditure-current-lcu-annual-growth-rate/korea-rep/">Households and NPISHs Final consumption expenditure (current LCU) in South Korea</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Households and NPISHs Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Households and NPISHs Final consumption expenditure (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 8,476 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Households and NPISHs Final consumption expenditure (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.