Households and NPISHs Final consumption expenditure, PPP in South Korea
South Korea: Households and NPISHs Final consumption expenditure, PPP was 1.45 trillion current international $ in 2025. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in South Korea, 1990–2025
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2025, households and npishs final consumption expenditure, ppp in South Korea stood at 1.45 trillion current international $. That is the highest value across all 36 years on record.
Compared with earlier readings it is up 2.3% on the previous year and up 60.9% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in South Korea peaked at 1.45 trillion current international $ in 2025 and was at its lowest, 199.12 billion current international $, in 1990.
South Korea ranks 17th of 181 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 36 years of available data.
Households and NPISHs Final consumption expenditure, PPP in South Korea, year by year
| Year | current international $ | Change |
|---|---|---|
| 1990 | 199.12 billion current international $ | — |
| 1991 | 224.80 billion current international $ | +12.9% |
| 1992 | 247.24 billion current international $ | +10.0% |
| 1993 | 271.64 billion current international $ | +9.9% |
| 1994 | 303.65 billion current international $ | +11.8% |
| 1995 | 342.43 billion current international $ | +12.8% |
| 1996 | 377.35 billion current international $ | +10.2% |
| 1997 | 400.66 billion current international $ | +6.2% |
| 1998 | 356.10 billion current international $ | -11.1% |
| 1999 | 405.34 billion current international $ | +13.8% |
| 2000 | 446.51 billion current international $ | +10.2% |
| 2001 | 482.02 billion current international $ | +8.0% |
| 2002 | 525.07 billion current international $ | +8.9% |
| 2003 | 536.79 billion current international $ | +2.2% |
| 2004 | 553.15 billion current international $ | +3.0% |
| 2005 | 597.65 billion current international $ | +8.0% |
| 2006 | 643.41 billion current international $ | +7.7% |
| 2007 | 695.68 billion current international $ | +8.1% |
| 2008 | 726.79 billion current international $ | +4.5% |
| 2009 | 731.45 billion current international $ | +0.6% |
| 2010 | 777.86 billion current international $ | +6.3% |
| 2011 | 828.28 billion current international $ | +6.5% |
| 2012 | 859.33 billion current international $ | +3.7% |
| 2013 | 829.31 billion current international $ | -3.5% |
| 2014 | 841.39 billion current international $ | +1.5% |
| 2015 | 903.21 billion current international $ | +7.3% |
| 2016 | 933.46 billion current international $ | +3.3% |
| 2017 | 954.47 billion current international $ | +2.3% |
| 2018 | 1.01 trillion current international $ | +6.0% |
| 2019 | 1.04 trillion current international $ | +2.7% |
| 2020 | 1.01 trillion current international $ | -2.5% |
| 2021 | 1.09 trillion current international $ | +7.5% |
| 2022 | 1.26 trillion current international $ | +15.7% |
| 2023 | 1.36 trillion current international $ | +8.1% |
| 2024 | 1.42 trillion current international $ | +4.3% |
| 2025 | 1.45 trillion current international $ | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 312.83 billion current international $ | 199.12 billion current international $ | 405.34 billion current international $ | 10 |
| 2000s | 593.85 billion current international $ | 446.51 billion current international $ | 731.45 billion current international $ | 10 |
| 2010s | 897.79 billion current international $ | 777.86 billion current international $ | 1.04 trillion current international $ | 10 |
| 2020s | 1.27 trillion current international $ | 1.01 trillion current international $ | 1.45 trillion current international $ | 6 |
Countries ranked near South Korea
- 14 Turkey 1.94 trillion current international $ compare
- 15 Spain 1.54 trillion current international $ compare
- 16 Pakistan 1.46 trillion current international $ compare
- 18 Canada 1.44 trillion current international $ compare
- 19 Saudi Arabia 1.18 trillion current international $ compare
- 20 Bangladesh 1.14 trillion current international $ compare
More economy & growth data for South Korea
- Industry (including construction), value added (constant 2015 US$) 0.1897 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3525 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 12,771 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.1898 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 410.21 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 14.86 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate -0.6343 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5723 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 20,732 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.67 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in South Korea?
- Households and npishs final consumption expenditure, ppp in South Korea was 1.45 trillion current international $ in 2025, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in South Korea?
- The highest recorded value was 1.45 trillion current international $ in 2025.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in South Korea?
- The lowest recorded value was 199.12 billion current international $ in 1990.
- How does South Korea rank for households and npishs final consumption expenditure, ppp?
- South Korea ranks 17th out of 181 countries with data for 2025.
- Is households and npishs final consumption expenditure, ppp rising or falling in South Korea?
- Over the last ten years it is up 60.9%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.