Gross national expenditure in South Korea
South Korea: Gross national expenditure was 2,173.30 trillion constant LCU 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 LCU.
Analysis
In 2025, gross national expenditure in South Korea stood at 2,173.30 trillion constant LCU. 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 23.9% over ten years.
Over the whole period, gross national expenditure in South Korea peaked at 2,173.30 trillion constant LCU in 2025 and was at its lowest, 45.82 trillion constant LCU, in 1960.
South Korea ranks 4th of 168 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 | 65.08 trillion constant LCU | 45.82 trillion constant LCU | 98.00 trillion constant LCU | 10 |
| 1970s | 161.40 trillion constant LCU | 106.84 trillion constant LCU | 240.05 trillion constant LCU | 10 |
| 1980s | 343.71 trillion constant LCU | 233.50 trillion constant LCU | 516.12 trillion constant LCU | 10 |
| 1990s | 799.56 trillion constant LCU | 576.93 trillion constant LCU | 974.24 trillion constant LCU | 10 |
| 2000s | 1,272.47 trillion constant LCU | 1,046.98 trillion constant LCU | 1,449.31 trillion constant LCU | 10 |
| 2010s | 1,756.05 trillion constant LCU | 1,545.95 trillion constant LCU | 2,008.20 trillion constant LCU | 10 |
| 2020s | 2,109.86 trillion constant LCU | 1,982.60 trillion constant LCU | 2,173.30 trillion constant LCU | 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 2,173.30 trillion constant LCU 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 2,173.30 trillion constant LCU in 2025.
- What is the lowest gross national expenditure recorded in South Korea?
- The lowest recorded value was 45.82 trillion constant LCU in 1960.
- How does South Korea rank for gross national expenditure?
- South Korea ranks 4th out of 168 countries with data for 2025.
- Is gross national expenditure rising or falling in South Korea?
- Over the last ten years it is up 23.9%. 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 LCU). Statizoid updates them automatically from the source API.
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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 varies by country. This series is expressed in local currency units.