Gross national expenditure in South Korea
South Korea: Gross national expenditure was 1.78 trillion current 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 current US$.
Analysis
The most recent figure for gross national expenditure in South Korea is 1.78 trillion current US$, measured in 2025.
Compared with earlier readings it is down 1.4% on the previous year and up 23.4% over ten years.
Over the whole period, gross national expenditure in South Korea peaked at 1.88 trillion current US$ in 2021 and was at its lowest, 2.66 billion current US$, in 1961.
South Korea ranks 15th of 185 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.70 billion current US$ | 2.66 billion current US$ | 8.66 billion current US$ | 10 |
| 1970s | 29.23 billion current US$ | 9.97 billion current US$ | 73.01 billion current US$ | 10 |
| 1980s | 123.17 billion current US$ | 72.34 billion current US$ | 249.96 billion current US$ | 10 |
| 1990s | 458.34 billion current US$ | 294.43 billion current US$ | 651.83 billion current US$ | 10 |
| 2000s | 859.40 billion current US$ | 560.10 billion current US$ | 1.21 trillion current US$ | 10 |
| 2010s | 1.46 trillion current US$ | 1.16 trillion current US$ | 1.75 trillion current US$ | 10 |
| 2020s | 1.79 trillion current US$ | 1.68 trillion current US$ | 1.88 trillion current 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 current 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 1.88 trillion current US$ in 2021.
- What is the lowest gross national expenditure recorded in South Korea?
- The lowest recorded value was 2.66 billion current US$ in 1961.
- How does South Korea rank for gross national expenditure?
- South Korea ranks 15th 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 23.4%. 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 US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.