Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — South Korea

Household consumption (% of GDP) in South Korea in 2025 — 48%. Ranked 115 in the world out of 131. Since 1960, the indicator has fallen by 36.8 pp.

2025 48% −0.5 pp vs 2024
World rank 115of 131
Period maximum 84.8%1960
Period minimum 47.1%2021

Trend over time

1960–2025 · % of GDP

Household consumption (% of GDP) — South Korea, 1960–202540506070809019601967197419811988199520022009201620231960: 84.8%1962: 83%1964: 82.6%1966: 78.4%1968: 75.3%1970: 73.5%1972: 72.5%1974: 68.5%1976: 64.3%1978: 59.7%1980: 62.6%1982: 61.3%1984: 56.2%1986: 53%1988: 48.7%1990: 50.1%1992: 50.8%1994: 51.8%1996: 53.4%1998: 50.5%2000: 54.6%2002: 56.3%2004: 52.1%2006: 53.6%2008: 53.3%2010: 51.2%2012: 52.3%2014: 51.1%2016: 49.2%2018: 49.4%2020: 47.8%2022: 49%2024: 48.5%2025: 48%
Change over the period: −36.8 pp Annual average: -0.57 pp
Household consumption (% of GDP) — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2025 48 −0.5 pp
2024 48.5 −1.5 pp
2023 49.9 +0.9 pp
2022 49 +1.9 pp
2021 47.1 −0.7 pp
2020 47.8 −2.3 pp
2019 50.1 +0.7 pp
2018 49.4 +0.5 pp
2017 49 −0.3 pp
2016 49.2 −0.5 pp
2015 49.8 −1.3 pp
2014 51.1 −0.5 pp
2013 51.5 −0.7 pp
2012 52.3 +0.1 pp
2011 52.1 +0.9 pp
2010 51.2 −1.3 pp
2009 52.5 −0.8 pp
2008 53.3 +0.2 pp
2007 53.1 −0.5 pp
2006 53.6 +0.8 pp
2005 52.8 +0.8 pp
2004 52.1 −2.4 pp
2003 54.5 −1.8 pp
2002 56.3 +0.8 pp
2001 55.5 +0.9 pp
2000 54.6 +1.9 pp
1999 52.7 +2.2 pp
1998 50.5 −3.1 pp
1997 53.6 +0.1 pp
1996 53.4 +1.4 pp
1995 52.1 +0.2 pp
1994 51.8 +0.8 pp
1993 51.1 +0.3 pp
1992 50.8 +0.6 pp
1991 50.2 +0.2 pp
1990 50.1 −0.4 pp
1989 50.5 +1.8 pp
1988 48.7 −1.7 pp
1987 50.5 −2.5 pp
1986 53 −2.7 pp
1985 55.6 −0.6 pp
1984 56.2 −1.9 pp
1983 58.1 −3.1 pp
1982 61.3 −1.3 pp
1981 62.6 −0 pp
1980 62.6 +2.6 pp
1979 59.9 +0.3 pp
1978 59.7 −1.3 pp
1977 61 −3.3 pp
1976 64.3 −4.6 pp
1975 68.9 +0.4 pp
1974 68.5 +0 pp
1973 68.4 −4.1 pp
1972 72.5 −2.6 pp
1971 75.2 +1.6 pp
1970 73.5 +1.5 pp
1969 72 −3.3 pp
1968 75.3 −3.6 pp
1967 78.9 +0.5 pp
1966 78.4 −4.9 pp
1965 83.3 +0.7 pp
1964 82.6 +2.2 pp
1963 80.4 −2.6 pp
1962 83 −0.7 pp
1961 83.7 −1.2 pp
1960 84.8

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.