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South Korea: Total consumption (% of GDP)

Percent of GDP · 1911–2025 · 103 observations · forecasts to 2027 · cons_GDP

2025
65.7%percent of GDP
Change on 2024
−0.3 pointsfrom 66.0%
Average, 2016–2025
65.3%10 years
Record high and low
196.3% (1939)low 58.3% (1988)

Total consumption (% of GDP)

Report error
40%60%80%100%120%140%160%180%200%192019401960198020002020South KoreaSouth Korea
ForecastPercent of GDP

Compare with other countries →Definition of Total consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202762.9Forecast
202662.4Forecast
202565.7
202466.0
202367.7
202266.7
202164.1
202064.8
201966.2
201864.6
201763.5
201663.7

Sources

This series is derived from other GMD variables.

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 (% of GDP) elsewhere

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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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