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South Korea: Total consumption

Millions of local currency · 1911–2025 · 103 observations · forecasts to 2027 · cons

2025
1,750 trillionlocal currency
Change on 2024
+3.7%year on year
Average growth, 2015–2025
+4.6%a year
In US dollars, 2025
$1.23 trillionUS dollars

Total consumption

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100M10B1T100T10,000T192019401960198020002020South KoreaSouth Korea
ForecastLocal currency

Compare with other countries →Definition of Total consumption

Recent values

Millions of local currency

YearValue
20271,911,485,440Forecast
20261,834,177,536Forecast
20251,748,993,280
20241,686,781,952
20231,631,255,552
20221,549,263,744
20211,425,040,384
20201,333,674,112
20191,350,237,056
20181,295,585,536
20171,228,800,896
20161,167,479,552

Sources

  • Cha et al.1911–2015
  • Asian Historical Statistics1953–2013
  • Penn World Table1953–2019
  • WDI (archive)1960–1997
  • IMF International Financial Statistics1960–2025
  • OECD Economic Outlook1960–2025
  • World Development Indicators1960–2025
  • United Nations1970–2024
  • OECD Economic Outlook (forecast)2025–2027

Compare these sources →

South Korea documentation (PDF)

More for South Korea

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Total consumption elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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