Gross national expenditure in South Korea

South Korea: Gross national expenditure was 2,524.87 trillion current LCU in 2025. ◆ Volatile

Latest (2025)
2,524.87 trillion current LCU
Change on year
up 2.9%
World rank
5th
of 185 countries
All-time high
2,524.87 trillion current LCU
in 2025
All-time low
275.00 billion current LCU
in 1960
Years of data
66
1960–2025

Gross national expenditure in South Korea, 1960–2025

01,000.0T2,000.0T3,000.0T196019922025

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

Analysis

The most recent figure for gross national expenditure in South Korea is 2,524.87 trillion current LCU, measured in 2025. That is the highest value across all 66 years on record.

That represents a change of up 2.9% on the previous year and up 55.2% over ten years.

Over the whole period, gross national expenditure in South Korea peaked at 2,524.87 trillion current LCU in 2025 and was at its lowest, 275.00 billion current LCU, in 1960.

South Korea ranks 5th of 185 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 1.03 trillion current LCU 275.00 billion current LCU 2.50 trillion current LCU 10
1970s 13.42 trillion current LCU 3.10 trillion current LCU 35.34 trillion current LCU 10
1980s 92.90 trillion current LCU 43.94 trillion current LCU 167.84 trillion current LCU 10
1990s 409.21 trillion current LCU 208.39 trillion current LCU 580.73 trillion current LCU 10
2000s 950.97 trillion current LCU 663.46 trillion current LCU 1,207.35 trillion current LCU 10
2010s 1,641.35 trillion current LCU 1,344.75 trillion current LCU 1,986.81 trillion current LCU 10
2020s 2,305.12 trillion current LCU 1,982.60 trillion current LCU 2,524.87 trillion current LCU 6

Countries ranked near South Korea

  1. 2 Indonesia 22,244.30 trillion current LCU compare
  2. 3 Vietnam 11,997.40 trillion current LCU compare
  3. 4 Lebanon 3,151.95 trillion current LCU compare
  4. 6 Uzbekistan 2,096.18 trillion current LCU compare
  5. 7 Colombia 1,954.07 trillion current LCU compare
  6. 8 Argentina 856.30 trillion current LCU compare

See the full ranking of 185 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 2,524.87 trillion current 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 2,524.87 trillion current LCU in 2025.
What is the lowest gross national expenditure recorded in South Korea?
The lowest recorded value was 275.00 billion current LCU in 1960.
How does South Korea rank for gross national expenditure?
South Korea ranks 5th out of 185 countries with data for 2025.
Is gross national expenditure rising or falling in South Korea?
Over the last ten years it is up 55.2%. 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 Gross national expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 8,556 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.