Gross national expenditure in South Korea
South Korea: Gross national expenditure was 1.78 trillion constant 2015 US$ in 2025. ◆ Volatile
Gross national expenditure in South Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross national expenditure in South Korea is 1.78 trillion constant 2015 US$, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 0.7% on the previous year and up 24.0% over ten years.
Over the whole period, gross national expenditure in South Korea peaked at 1.78 trillion constant 2015 US$ in 2025 and was at its lowest, 37.75 billion constant 2015 US$, in 1960.
That places South Korea 11th out of 162 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 53.57 billion constant 2015 US$ | 37.75 billion constant 2015 US$ | 80.60 billion constant 2015 US$ | 10 |
| 1970s | 132.65 billion constant 2015 US$ | 87.89 billion constant 2015 US$ | 197.06 billion constant 2015 US$ | 10 |
| 1980s | 282.16 billion constant 2015 US$ | 191.78 billion constant 2015 US$ | 423.42 billion constant 2015 US$ | 10 |
| 1990s | 655.74 billion constant 2015 US$ | 473.24 billion constant 2015 US$ | 798.91 billion constant 2015 US$ | 10 |
| 2000s | 1.04 trillion constant 2015 US$ | 858.62 billion constant 2015 US$ | 1.19 trillion constant 2015 US$ | 10 |
| 2010s | 1.44 trillion constant 2015 US$ | 1.27 trillion constant 2015 US$ | 1.65 trillion constant 2015 US$ | 10 |
| 2020s | 1.73 trillion constant 2015 US$ | 1.63 trillion constant 2015 US$ | 1.78 trillion constant 2015 US$ | 6 |
Countries ranked near South Korea
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)
Frequently asked questions
- What is gross national expenditure in South Korea?
- Gross national expenditure in South Korea was 1.78 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in South Korea?
- The highest recorded value was 1.78 trillion constant 2015 US$ in 2025.
- What is the lowest gross national expenditure recorded in South Korea?
- The lowest recorded value was 37.75 billion constant 2015 US$ in 1960.
- How does South Korea rank for gross national expenditure?
- South Korea ranks 11th out of 162 countries with data for 2025.
- Is gross national expenditure rising or falling in South Korea?
- Over the last ten years it is up 24.0%. 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. 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 is 2015. This indicator is expressed in United States dollars.