Households and NPISHs Final consumption expenditure in Republic of Korea
Republic of Korea: Households and NPISHs Final consumption expenditure was 899.15 billion current US$ in 2025. ◆ Volatile
Latest (2025)
899.15 billion current US$
Change on year
down 1.1%
World rank
15th
of 189 countries
All-time high
921.45 billion current US$
in 2023
All-time low
2.03 billion current US$
in 1961
Years of data
66
1960–2025
Households and NPISHs Final consumption expenditure in Republic of Korea, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in Republic of Korea is 899.15 billion current US$, measured in 2025.
The figure is down 1.1% on the previous year and up 17.3% over ten years.
Over the whole period, households and npishs final consumption expenditure in Republic of Korea peaked at 921.45 billion current US$ in 2023 and was at its lowest, 2.03 billion current US$, in 1961.
That places Republic of Korea 15th out of 189 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Republic of Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 3.37 billion current US$ | — |
| 1961 | 2.03 billion current US$ | -39.7% |
| 1962 | 2.35 billion current US$ | +15.5% |
| 1963 | 3.22 billion current US$ | +37.4% |
| 1964 | 2.87 billion current US$ | -10.9% |
| 1965 | 2.62 billion current US$ | -8.9% |
| 1966 | 3.10 billion current US$ | +18.6% |
| 1967 | 3.86 billion current US$ | +24.5% |
| 1968 | 4.65 billion current US$ | +20.2% |
| 1969 | 5.58 billion current US$ | +20.1% |
| 1970 | 6.68 billion current US$ | +19.8% |
| 1971 | 7.52 billion current US$ | +12.6% |
| 1972 | 7.97 billion current US$ | +6.0% |
| 1973 | 9.63 billion current US$ | +20.8% |
| 1974 | 13.60 billion current US$ | +41.2% |
| 1975 | 15.24 billion current US$ | +12.0% |
| 1976 | 19.52 billion current US$ | +28.1% |
| 1977 | 23.83 billion current US$ | +22.1% |
| 1978 | 31.52 billion current US$ | +32.3% |
| 1979 | 40.81 billion current US$ | +29.5% |
| 1980 | 41.64 billion current US$ | +2.0% |
| 1981 | 46.48 billion current US$ | +11.6% |
| 1982 | 48.98 billion current US$ | +5.4% |
| 1983 | 52.11 billion current US$ | +6.4% |
| 1984 | 56.05 billion current US$ | +7.6% |
| 1985 | 57.71 billion current US$ | +3.0% |
| 1986 | 63.53 billion current US$ | +10.1% |
| 1987 | 76.83 billion current US$ | +20.9% |
| 1988 | 100.11 billion current US$ | +30.3% |
| 1989 | 128.37 billion current US$ | +28.2% |
| 1990 | 146.18 billion current US$ | +13.9% |
| 1991 | 171.21 billion current US$ | +17.1% |
| 1992 | 186.54 billion current US$ | +9.0% |
| 1993 | 207.28 billion current US$ | +11.1% |
| 1994 | 248.45 billion current US$ | +19.9% |
| 1995 | 305.38 billion current US$ | +22.9% |
| 1996 | 337.37 billion current US$ | +10.5% |
| 1997 | 315.79 billion current US$ | -6.4% |
| 1998 | 200.50 billion current US$ | -36.5% |
| 1999 | 271.75 billion current US$ | +35.5% |
| 2000 | 326.23 billion current US$ | +20.0% |
| 2001 | 314.81 billion current US$ | -3.5% |
| 2002 | 365.81 billion current US$ | +16.2% |
| 2003 | 396.68 billion current US$ | +8.4% |
| 2004 | 428.53 billion current US$ | +8.0% |
| 2005 | 513.18 billion current US$ | +19.8% |
| 2006 | 587.25 billion current US$ | +14.4% |
| 2007 | 648.80 billion current US$ | +10.5% |
| 2008 | 581.73 billion current US$ | -10.3% |
| 2009 | 516.52 billion current US$ | -11.2% |
| 2010 | 610.74 billion current US$ | +18.2% |
| 2011 | 681.63 billion current US$ | +11.6% |
| 2012 | 697.75 billion current US$ | +2.4% |
| 2013 | 739.44 billion current US$ | +6.0% |
| 2014 | 794.97 billion current US$ | +7.5% |
| 2015 | 766.42 billion current US$ | -3.6% |
| 2016 | 777.73 billion current US$ | +1.5% |
| 2017 | 837.22 billion current US$ | +7.6% |
| 2018 | 901.43 billion current US$ | +7.7% |
| 2019 | 877.38 billion current US$ | -2.7% |
| 2020 | 833.78 billion current US$ | -5.0% |
| 2021 | 915.05 billion current US$ | +9.7% |
| 2022 | 882.26 billion current US$ | -3.6% |
| 2023 | 921.45 billion current US$ | +4.4% |
| 2024 | 909.31 billion current US$ | -1.3% |
| 2025 | 899.15 billion current US$ | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.37 billion current US$ | 2.03 billion current US$ | 5.58 billion current US$ | 10 |
| 1970s | 17.63 billion current US$ | 6.68 billion current US$ | 40.81 billion current US$ | 10 |
| 1980s | 67.18 billion current US$ | 41.64 billion current US$ | 128.37 billion current US$ | 10 |
| 1990s | 239.05 billion current US$ | 146.18 billion current US$ | 337.37 billion current US$ | 10 |
| 2000s | 467.95 billion current US$ | 314.81 billion current US$ | 648.80 billion current US$ | 10 |
| 2010s | 768.47 billion current US$ | 610.74 billion current US$ | 901.43 billion current US$ | 10 |
| 2020s | 893.50 billion current US$ | 833.78 billion current US$ | 921.45 billion current US$ | 6 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- GNI, Atlas method (current US$), annual growth rate 2.94 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 37,884 current US$ per person (2025)
- GNI (current US$), annual growth rate 0.1093 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 36,849 current US$ per person (2025)
- GNI (current LCU), annual growth rate 4.45 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,447 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 52.42 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 18.84 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Republic of Korea?
- Households and npishs final consumption expenditure in Republic of Korea was 899.15 billion current US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Republic of Korea?
- The highest recorded value was 921.45 billion current US$ in 2023.
- What is the lowest households and npishs final consumption expenditure recorded in Republic of Korea?
- The lowest recorded value was 2.03 billion current US$ in 1961.
- How does Republic of Korea rank for households and npishs final consumption expenditure?
- Republic of Korea ranks 15th out of 189 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 17.3%. 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 Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.