NAAG Chapter 3A: Components of aggregate demand — Final consumption in Korea
Korea: NAAG Chapter 3A: Components of aggregate demand — Final consumption was 0.3814 Percentage points in 2024. ▲ Rising
NAAG Chapter 3A: Components of aggregate demand — Final consumption in Korea, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.
Analysis
Korea recorded 0.3814 Percentage points for naag chapter 3a: components of aggregate demand — final consumption in 2024.
Compared with earlier readings it is up 11.7% on the previous year and down 38.4% over ten years.
Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in Korea peaked at 1.15 Percentage points in 1980 and was at its lowest, 0.0417 Percentage points, in 2000.
The long-run direction has been consistently rising across the 55 years of available data.
NAAG Chapter 3A: Components of aggregate demand — Final consumption in Korea, year by year
| Year | Percentage points | Change |
|---|---|---|
| 1970 | 0.7118 Percentage points | — |
| 1971 | 0.8393 Percentage points | +17.9% |
| 1972 | 0.8167 Percentage points | -2.7% |
| 1973 | 0.2268 Percentage points | -72.2% |
| 1974 | 0.6321 Percentage points | +178.7% |
| 1975 | 0.6464 Percentage points | +2.3% |
| 1976 | 0.0573 Percentage points | -91.1% |
| 1977 | 0.7318 Percentage points | +1177.7% |
| 1978 | 0.5849 Percentage points | -20.1% |
| 1979 | 0.5616 Percentage points | -4.0% |
| 1980 | 1.15 Percentage points | +104.7% |
| 1981 | 0.7758 Percentage points | -32.5% |
| 1982 | 0.251 Percentage points | -67.6% |
| 1983 | 0.4132 Percentage points | +64.6% |
| 1984 | 0.5157 Percentage points | +24.8% |
| 1985 | 0.3382 Percentage points | -34.4% |
| 1986 | 0.5367 Percentage points | +58.7% |
| 1987 | 0.7123 Percentage points | +32.7% |
| 1988 | 0.8139 Percentage points | +14.3% |
| 1989 | 1.08 Percentage points | +32.7% |
| 1990 | 1.08 Percentage points | -0.2% |
| 1991 | 0.5103 Percentage points | -52.7% |
| 1992 | 0.6465 Percentage points | +26.7% |
| 1993 | 0.4377 Percentage points | -32.3% |
| 1994 | 0.3424 Percentage points | -21.8% |
| 1995 | 0.3773 Percentage points | +10.2% |
| 1996 | 0.6734 Percentage points | +78.5% |
| 1997 | 0.2435 Percentage points | -63.8% |
| 1998 | 0.3997 Percentage points | +64.1% |
| 1999 | 0.5447 Percentage points | +36.3% |
| 2000 | 0.0417 Percentage points | -92.4% |
| 2001 | 0.6321 Percentage points | +1417.5% |
| 2002 | 0.7218 Percentage points | +14.2% |
| 2003 | 0.5595 Percentage points | -22.5% |
| 2004 | 0.5191 Percentage points | -7.2% |
| 2005 | 0.646 Percentage points | +24.4% |
| 2006 | 0.9302 Percentage points | +44.0% |
| 2007 | 0.8025 Percentage points | -13.7% |
| 2008 | 0.6048 Percentage points | -24.6% |
| 2009 | 0.8892 Percentage points | +47.0% |
| 2010 | 0.789 Percentage points | -11.3% |
| 2011 | 0.3927 Percentage points | -50.2% |
| 2012 | 0.6385 Percentage points | +62.6% |
| 2013 | 0.6821 Percentage points | +6.8% |
| 2014 | 0.6188 Percentage points | -9.3% |
| 2015 | 0.5663 Percentage points | -8.5% |
| 2016 | 0.6153 Percentage points | +8.7% |
| 2017 | 0.5366 Percentage points | -12.8% |
| 2018 | 0.7938 Percentage points | +47.9% |
| 2019 | 0.9713 Percentage points | +22.4% |
| 2020 | 0.8377 Percentage points | -13.8% |
| 2021 | 0.9574 Percentage points | +14.3% |
| 2022 | 0.6888 Percentage points | -28.1% |
| 2023 | 0.3416 Percentage points | -50.4% |
| 2024 | 0.3814 Percentage points | +11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5808 Percentage points | 0.0573 Percentage points | 0.8393 Percentage points | 10 |
| 1980s | 0.6586 Percentage points | 0.251 Percentage points | 1.15 Percentage points | 10 |
| 1990s | 0.5253 Percentage points | 0.2435 Percentage points | 1.08 Percentage points | 10 |
| 2000s | 0.6347 Percentage points | 0.0417 Percentage points | 0.9302 Percentage points | 10 |
| 2010s | 0.6604 Percentage points | 0.3927 Percentage points | 0.9713 Percentage points | 10 |
| 2020s | 0.6414 Percentage points | 0.3416 Percentage points | 0.9574 Percentage points | 5 |
Countries ranked near Korea
- 1 Australia 1.07 Percentage points compare
- 1 Latvia 1.52 Percentage points compare
- 2 Poland 1.09 Percentage points compare
- 2 India 0.8348 Percentage points compare
- 3 Estonia 0.5386 Percentage points compare
- 3 Luxembourg 0.7136 Percentage points compare
- 4 Canada 0.5247 Percentage points compare
- 4 Netherlands 0.5308 Percentage points compare
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is naag chapter 3a: components of aggregate demand — final consumption in Korea?
- Naag chapter 3a: components of aggregate demand — final consumption in Korea was 0.3814 Percentage points in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3a: components of aggregate demand — final consumption recorded in Korea?
- The highest recorded value was 1.15 Percentage points in 1980.
- What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in Korea?
- The lowest recorded value was 0.0417 Percentage points in 2000.
- How does Korea rank for naag chapter 3a: components of aggregate demand — final consumption?
- Korea ranks 1st out of 2 groups with data for 2024.
- Is naag chapter 3a: components of aggregate demand — final consumption rising or falling in Korea?
- Over the last ten years it is down 38.4%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3A: Components of aggregate demand — Final consumption expenditure of general government contribution to GDP growth. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.