What is final consumption expenditure in South Korea?

Final consumption expenditure in South Korea was 1,523.31 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.

What is the highest final consumption expenditure recorded in South Korea?

The highest recorded value was 1,523.31 trillion constant LCU in 2025.

What is the lowest final consumption expenditure recorded in South Korea?

The lowest recorded value was 43.36 trillion constant LCU in 1960.

How does South Korea rank for final consumption expenditure?

South Korea ranks 4th out of 176 countries with data for 2025.

Is final consumption expenditure rising or falling in South Korea?

Over the last ten years it is up 27.2%. The long-run trend across the full record is volatile.

Where does this South Korea data come from?

The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.

Final consumption expenditure in South Korea

Name: Final consumption expenditure in South Korea
Creator: Country official statistics, National Statistical Organizations and/or Central Banks
License: CC BY 4.0 (World Bank Open Data)

South Korea: Final consumption expenditure was 1,523.31 trillion constant LCU in 2025. ◆ Volatile

Latest (2025)

1,523.31 trillion constant LCU

Change on year

up 1.8%

World rank

4th

of 176 countries

All-time high

1,523.31 trillion constant LCU

in 2025

All-time low

43.36 trillion constant LCU

in 1960

Years of data

1960–2025

Final consumption expenditure in South Korea, 1960–2025

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2025, final consumption expenditure in South Korea stood at 1,523.31 trillion constant LCU. That is the highest value across all 66 years on record.

That represents a change of up 1.8% on the previous year and up 27.2% over ten years.

Over the whole period, final consumption expenditure in South Korea peaked at 1,523.31 trillion constant LCU in 2025 and was at its lowest, 43.36 trillion constant LCU, in 1960.

South Korea ranks 4th of 176 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	58.71 trillion constant LCU	43.36 trillion constant LCU	83.07 trillion constant LCU	10
1970s	130.01 trillion constant LCU	91.65 trillion constant LCU	175.83 trillion constant LCU	10
1980s	252.32 trillion constant LCU	178.68 trillion constant LCU	359.20 trillion constant LCU	10
1990s	540.80 trillion constant LCU	395.53 trillion constant LCU	655.31 trillion constant LCU	10
2000s	864.10 trillion constant LCU	704.95 trillion constant LCU	1,002.35 trillion constant LCU	10
2010s	1,192.68 trillion constant LCU	1,049.69 trillion constant LCU	1,364.35 trillion constant LCU	10
2020s	1,444.92 trillion constant LCU	1,333.67 trillion constant LCU	1,523.31 trillion constant LCU	6

Countries ranked near South Korea

1 Iran 42,653.40 trillion constant LCU compare
2 Indonesia 8,309.82 trillion constant LCU compare
3 Vietnam 4,289.51 trillion constant LCU compare
5 Colombia 955.92 trillion constant LCU compare
6 Somalia 429.85 trillion constant LCU compare
7 Japan 425.05 trillion constant LCU compare

See the full ranking of 176 places →

More economy & growth data for South Korea

DEC alternative conversion factor 1,422 LCU per US$ (2025)
Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
Taxes less subsidies on products 185.85 trillion current LCU (2025)
Taxes less subsidies on products 130.66 billion current US$ (2025)
Net primary income (Net income from abroad) 45.76 trillion current LCU (2025)
Net primary income (Net income from abroad) 32.17 billion current US$ (2025)
GNI per capita 52.42 million current LCU (2025)
GNI per capita, Atlas method 37,880 current US$ (2025)
GNI 2,709.10 trillion current LCU (2025)

All data for South Korea →

Frequently asked questions

What is final consumption expenditure in South Korea?: Final consumption expenditure in South Korea was 1,523.31 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest final consumption expenditure recorded in South Korea?: The highest recorded value was 1,523.31 trillion constant LCU in 2025.
What is the lowest final consumption expenditure recorded in South Korea?: The lowest recorded value was 43.36 trillion constant LCU in 1960.
How does South Korea rank for final consumption expenditure?: South Korea ranks 4th out of 176 countries with data for 2025.
Is final consumption expenditure rising or falling in South Korea?: Over the last ten years it is up 27.2%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?: The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator: Final consumption expenditure (constant LCU)
Unit: constant LCU
Source: Country official statistics, National Statistical Organizations and/or Central Banks
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 176 places, 7,524 data points, 1960–2025
Last refreshed: 06 August 2026

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.