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South Korea: Government consumption (USD)

Millions of US dollars · 1911–2025 · 101 observations · forecasts to 2027 · gcons_USD

2025
331 billionUS dollars
Change on 2024
+0.9%year on year
Average growth, 2015–2025
+4.1%a year

Government consumption (USD)

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10M100M1B10B100B1T192019401960198020002020South KoreaSouth Korea
ForecastUS dollars

Compare with other countries →Definition of Government consumption (USD)

Recent values

Millions of US dollars

YearValue
2027352,943Forecast
2026338,359Forecast
2025330,670
2024327,867
2023327,619
2022316,993
2021330,219
2020296,421
2019281,048
2018276,055
2017249,288
2016228,107

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 →

Government consumption (USD) 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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