Household consumption — all countries

Household consumption — South Korea

Household consumption in South Korea in 2025 — 899,151,212,710 US$. Ranked 12 in the world out of 131. Since 1960, the indicator has risen by 26,572.4%.

2025 899B US$ −1.12% vs 2024
World rank 12of 131
Period maximum 921B US$2023
Period minimum 2.03B US$1961

Trend over time

1960–2025 · US$

Household consumption — South Korea, 1960–20250250B500B750B1T19601967197419811988199520022009201620231960: 3,371,089,109 US$1962: 2,346,153,846 US$1964: 2,872,618,563 US$1966: 3,102,777,906 US$1968: 4,645,303,548 US$1970: 6,681,890,984 US$1972: 7,972,120,739 US$1974: 13,599,935,719 US$1976: 19,516,322,314 US$1978: 31,515,702,479 US$1980: 41,640,182,242 US$1982: 48,980,815,069 US$1984: 56,053,419,966 US$1986: 63,529,449,403 US$1988: 100,109,464,757 US$1990: 146,180,041,319 US$1992: 186,542,817,864 US$1994: 248,450,860,033 US$1996: 337,374,214,265 US$1998: 200,496,747,374 US$2000: 326,232,860,209 US$2002: 365,807,273,555 US$2004: 428,525,951,543 US$2006: 587,248,197,379 US$2008: 581,727,344,222 US$2010: 610,738,374,003 US$2012: 697,751,974,673 US$2014: 794,974,070,134 US$2016: 777,728,873,353 US$2018: 901,433,723,521 US$2020: 833,785,067,736 US$2022: 882,264,230,583 US$2024: 909,306,243,697 US$2025: 899,151,212,710 US$
Change over the period: +896B (+26,572.42%) Average annual rate: 8.97 %
Household consumption — South Korea, by year South Korea All countries CSV XLSX
Year US$ Change Change, %
2025 899B −10.16B −1.12%
2024 909B −12.15B −1.32%
2023 921B +39.19B +4.44%
2022 882B −32.79B −3.58%
2021 915B +81.26B +9.75%
2020 834B −43.59B −4.97%
2019 877B −24.06B −2.67%
2018 901B +64.21B +7.67%
2017 837B +59.5B +7.65%
2016 778B +11.31B +1.48%
2015 766B −28.55B −3.59%
2014 795B +55.53B +7.51%
2013 739B +41.69B +5.98%
2012 698B +16.12B +2.37%
2011 682B +70.89B +11.61%
2010 611B +94.22B +18.24%
2009 517B −65.21B −11.21%
2008 582B −67.07B −10.34%
2007 649B +61.55B +10.48%
2006 587B +74.07B +14.43%
2005 513B +84.65B +19.75%
2004 429B +31.85B +8.03%
2003 397B +30.87B +8.44%
2002 366B +50.99B +16.2%
2001 315B −11.42B −3.5%
2000 326B +54.48B +20.05%
1999 272B +71.26B +35.54%
1998 200B −115B −36.51%
1997 316B −21.59B −6.4%
1996 337B +32B +10.48%
1995 305B +56.93B +22.91%
1994 248B +41.18B +19.87%
1993 207B +20.73B +11.11%
1992 187B +15.33B +8.95%
1991 171B +25.03B +17.12%
1990 146B +17.81B +13.87%
1989 128B +28.26B +28.23%
1988 100B +23.28B +30.3%
1987 76.83B +13.3B +20.94%
1986 63.53B +5.82B +10.08%
1985 57.71B +1.66B +2.96%
1984 56.05B +3.94B +7.57%
1983 52.11B +3.13B +6.39%
1982 48.98B +2.5B +5.38%
1981 46.48B +4.84B +11.62%
1980 41.64B +832M +2.04%
1979 40.81B +9.29B +29.49%
1978 31.52B +7.69B +32.25%
1977 23.83B +4.31B +22.1%
1976 19.52B +4.28B +28.08%
1975 15.24B +1.64B +12.04%
1974 13.6B +3.97B +41.24%
1973 9.63B +1.66B +20.78%
1972 7.97B +450M +5.98%
1971 7.52B +841M +12.58%
1970 6.68B +1.1B +19.76%
1969 5.58B +934M +20.1%
1968 4.65B +781M +20.22%
1967 3.86B +761M +24.54%
1966 3.1B +487M +18.61%
1965 2.62B −257M −8.93%
1964 2.87B −350M −10.87%
1963 3.22B +877M +37.38%
1962 2.35B +315M +15.5%
1961 2.03B −1.34B −39.74%
1960 3.37B

Eastern Asia, 2025

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

About the indicator

Household final consumption expenditure in current US dollars — everything people buy for themselves, from food and housing to services. This is the largest part of GDP in almost any country, usually between half and three quarters, and in absolute terms it sets the size of the consumer market. For gauging the capacity of a market the indicator is more useful than GDP: it includes neither government spending nor investment nor exports.

Important: It includes the imputed value of living in owner-occupied housing and other imputed services — computed quantities that statistical offices estimate unevenly.

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