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South Korea: Government consumption (USD)

Millions of US dollars · 1911–2025 · 101 observations · forecasts to 2026 · gcons_USD

2025
325 billionUS dollars
Change on 2024
+0.6%year on year
Average growth, 2015–2025
+4.0%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
2026338,844Forecast
2025325,007
2024323,178
2023323,781
2022316,993
2021330,220
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

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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 →

GMD release 2026_09 · License & terms