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South Korea: Household consumption (% of GDP)

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

2025
47.8%percent of GDP
Change on 2024
−0.5 pointsfrom 48.2%
Average, 2016–2025
48.8%10 years
Record high and low
185.7% (1939)low 47.1% (2021)

Household 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 Household consumption (% of GDP)

Recent values

Percent of GDP

YearValue
202648.1Forecast
202547.8
202448.2
202349.9
202249.0
202147.1
202047.8
201950.1
201849.4
201749.0
201649.2

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 →

Household 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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