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South Korea: Total consumption (% of GDP)

Percent of GDP · 1911–2025 · 103 observations · forecasts to 2026 · cons_GDP

2025
65.2%percent of GDP
Change on 2024
−0.3 pointsfrom 65.4%
Average, 2016–2025
65.2%10 years
Record high and low
196.3% (1939)low 58.6% (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
202665.3Forecast
202565.2
202465.4
202367.5
202266.7
202164.1
202064.8
201966.2
201864.6
201763.5
201663.7

Sources

This series is derived from other GMD variables.

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 →

GMD release 2026_09 · License & terms