Gross national expenditure in South Korea

South Korea: Gross national expenditure was 2,173.30 trillion constant LCU in 2025. ◆ Volatile

Latest (2025)
2,173.30 trillion constant LCU
Change on year
up 0.7%
World rank
4th
of 168 countries
All-time high
2,173.30 trillion constant LCU
in 2025
All-time low
45.82 trillion constant LCU
in 1960
Years of data
66
1960–2025

Gross national expenditure in South Korea, 1960–2025

0500.0T1,000.0T1,500.0T2,000.0T196019922025

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

DecadeAverage LowestHighest 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

  1. 1 Iran 72,855.90 trillion constant LCU compare
  2. 2 Indonesia 12,729.40 trillion constant LCU compare
  3. 3 Vietnam 6,739.80 trillion constant LCU compare
  4. 5 Colombia 1,129.87 trillion constant LCU compare
  5. 6 Japan 578.50 trillion constant LCU compare
  6. 7 Somalia 527.38 trillion constant LCU compare

See the full ranking of 168 places →

More economy & growth data for South Korea

All data for South Korea →

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

Indicator
Gross national 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
168 places, 7,001 data points, 1960–2025
Last refreshed

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.