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South Korea: Household consumption (USD)

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

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

Household consumption (USD)

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100M1B10B100B1T192019401960198020002020South KoreaSouth Korea
ForecastUS dollars

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

Recent values

Millions of US dollars

YearValue
2026951,352Forecast
2025897,636
2024907,086
2023916,376
2022881,216
2021913,808
2020834,427
2019876,684
2018900,973
2017837,360
2016777,910

Sources

This series is derived from other GMD variables.

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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