South Korea: Household consumption
Millions of local currency · 1911–2025 · 103 observations · forecasts to 2026 · hcons
- 2025
- 1,280 trillionlocal currency
- Change on 2024
- +3.2%year on year
- Average growth, 2015–2025
- +3.9%a year
- In US dollars, 2025
- $898 billionUS dollars
Household consumption
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Compare with other countries →Definition of Household consumption
Recent values
Millions of local currency
| Year | Value | |
|---|---|---|
| 2026 | 1,338,000,000 | Forecast |
| 2025 | 1,276,000,000 | |
| 2024 | 1,237,000,000 | |
| 2023 | 1,198,000,000 | |
| 2022 | 1,139,000,000 | |
| 2021 | 1,047,000,000 | |
| 2020 | 984,100,000 | |
| 2019 | 1,022,000,000 | |
| 2018 | 991,700,000 | |
| 2017 | 946,900,000 | |
| 2016 | 902,800,000 |
Sources
- Cha et al.1911–2015
- Penn World Table1953–2019
- OECD Economic Outlook1960–2025
- World Development Indicators1960–2025
- United Nations1970–2024
- OECD Economic Outlook (forecast)2025–2027
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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