Commercial users: see the World Economic Database from our partners at Anansi Data Analytics

South Korea: Household consumption (USD)

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

2025
900 billionUS dollars
Change on 2024
−1.0%year on year
Average growth, 2015–2025
+1.6%a year

Household consumption (USD)

Report error
100M1B10B100B1T192019401960198020002020South KoreaSouth Korea
ForecastUS dollars

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

Recent values

Millions of US dollars

YearValue
2027950,935Forecast
2026911,805Forecast
2025899,696
2024909,204
2023920,615
2022881,216
2021913,808
2020834,427
2019876,684
2018900,973
2017837,360
2016777,910

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 (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 →

GMD release 2026_09 · License & terms