NAAG Chapter 3A: Components of aggregate demand — Final consumption in Korea
Korea: NAAG Chapter 3A: Components of aggregate demand — Final consumption was 0.5342 Percentage points in 2024. ◆ Volatile
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 0.5342 Percentage points for naag chapter 3a: components of aggregate demand — final consumption in 2024.
Compared with earlier readings it is down 46.1% on the previous year and down 50.4% over ten years.
Over the whole period, naag chapter 3a: components of aggregate demand — final consumption in Korea peaked at 7.74 Percentage points in 1970 and was at its lowest, -6.34 Percentage points, in 1998.
The series is highly variable year to year, so single readings are best treated with caution.
NAAG Chapter 3A: Components of aggregate demand — Final consumption in Korea, year by year
| Year | Percentage points | Change |
|---|---|---|
| 1970 | 7.74 Percentage points | — |
| 1971 | 7.16 Percentage points | -7.5% |
| 1972 | 4.37 Percentage points | -39.0% |
| 1973 | 6.71 Percentage points | +53.6% |
| 1974 | 5.32 Percentage points | -20.8% |
| 1975 | 4.07 Percentage points | -23.5% |
| 1976 | 5.91 Percentage points | +45.3% |
| 1977 | 3.65 Percentage points | -38.2% |
| 1978 | 5.18 Percentage points | +42.0% |
| 1979 | 5.3 Percentage points | +2.3% |
| 1980 | -0.0213 Percentage points | -100.4% |
| 1981 | 3.41 Percentage points | -16117.1% |
| 1982 | 4.75 Percentage points | +39.1% |
| 1983 | 5.7 Percentage points | +20.0% |
| 1984 | 4.52 Percentage points | -20.7% |
| 1985 | 4.23 Percentage points | -6.2% |
| 1986 | 5.32 Percentage points | +25.5% |
| 1987 | 4.58 Percentage points | -13.8% |
| 1988 | 4.84 Percentage points | +5.7% |
| 1989 | 5.36 Percentage points | +10.6% |
| 1990 | 5.08 Percentage points | -5.2% |
| 1991 | 4.55 Percentage points | -10.3% |
| 1992 | 3.61 Percentage points | -20.8% |
| 1993 | 3.63 Percentage points | +0.6% |
| 1994 | 4.82 Percentage points | +32.9% |
| 1995 | 5.64 Percentage points | +16.9% |
| 1996 | 4.11 Percentage points | -27.1% |
| 1997 | 2.33 Percentage points | -43.3% |
| 1998 | -6.34 Percentage points | -371.8% |
| 1999 | 6.15 Percentage points | -197.1% |
| 2000 | 4.77 Percentage points | -22.5% |
| 2001 | 3.18 Percentage points | -33.2% |
| 2002 | 5.06 Percentage points | +59.0% |
| 2003 | -0.0887 Percentage points | -101.8% |
| 2004 | 0.3014 Percentage points | -439.9% |
| 2005 | 2.46 Percentage points | +715.2% |
| 2006 | 2.63 Percentage points | +7.2% |
| 2007 | 2.91 Percentage points | +10.3% |
| 2008 | 0.9253 Percentage points | -68.2% |
| 2009 | 0.1096 Percentage points | -88.2% |
| 2010 | 2.35 Percentage points | +2044.6% |
| 2011 | 1.6 Percentage points | -32.1% |
| 2012 | 0.9043 Percentage points | -43.3% |
| 2013 | 0.9557 Percentage points | +5.7% |
| 2014 | 1.08 Percentage points | +12.7% |
| 2015 | 1.32 Percentage points | +22.3% |
| 2016 | 1.39 Percentage points | +5.2% |
| 2017 | 1.41 Percentage points | +1.7% |
| 2018 | 1.61 Percentage points | +13.9% |
| 2019 | 1.17 Percentage points | -27.0% |
| 2020 | -2.33 Percentage points | -298.4% |
| 2021 | 1.79 Percentage points | -176.9% |
| 2022 | 1.99 Percentage points | +11.2% |
| 2023 | 0.9908 Percentage points | -50.1% |
| 2024 | 0.5342 Percentage points | -46.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.54 Percentage points | 3.65 Percentage points | 7.74 Percentage points | 10 |
| 1980s | 4.27 Percentage points | -0.0213 Percentage points | 5.7 Percentage points | 10 |
| 1990s | 3.36 Percentage points | -6.34 Percentage points | 6.15 Percentage points | 10 |
| 2000s | 2.23 Percentage points | -0.0887 Percentage points | 5.06 Percentage points | 10 |
| 2010s | 1.38 Percentage points | 0.9043 Percentage points | 2.35 Percentage points | 10 |
| 2020s | 0.5947 Percentage points | -2.33 Percentage points | 1.99 Percentage points | 5 |
Countries ranked near Korea
- 1 Türkiye 2.19 Percentage points compare
- 1 India 3.42 Percentage points compare
- 2 Poland 2.11 Percentage points compare
- 2 Indonesia 2.76 Percentage points compare
- 3 Costa Rica 2.55 Percentage points compare
- 3 Lithuania 1.17 Percentage points compare
- 4 South Africa 2.3 Percentage points compare
- 4 Slovenia 0.895 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 0.5342 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 7.74 Percentage points in 1970.
- What is the lowest naag chapter 3a: components of aggregate demand — final consumption recorded in Korea?
- The lowest recorded value was -6.34 Percentage points in 1998.
- 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 50.4%. The long-run trend across the full record is volatile.
- 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 households and NPISH 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.