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South Korea — Government consumption

millions of KRW · Annual · 1911–2027 · 105 observations

About this series

Government final consumption expenditure is government spending on goods and services used to meet individual or collective needs, such as health, education, public order and defence. It is part of GDP and does not represent all government expenditure.

In South Korea, the government consumption reading was 470.06T KRW in 2025, compared with 447.06T KRW in 2024. The period change was +5.14%. The latest reading was above the selected 10-year average of 366.12T KRW. The corresponding ratio to GDP was 17.7% in 2025.

100.00M1.00B10.00B100.00B1.00T10.00T100.00T1911201020152027KRWSubscribe to view

Get the full series

  • Annual data, 1911–2027
  • Quarterly data, 1960–2027
  • All 6 sources, downloadable

Latest observations

2007–2027

PeriodValue
2027517.41T KRW
2026496.42T KRW
2025470.06T KRW
2024447.06T KRW
2023428.15T KRW
15 earlier values
2022409.87T KRW
2021378.27T KRW
2020349.59T KRW
2019327.78T KRW
2018303.86T KRW
2017281.90T KRW
2016264.72T KRW
2015249.74T KRW
2014237.37T KRW
2013224.01T KRW
2012210.69T KRW
2011198.58T KRW
2010186.28T KRW
2009175.18T KRW
2008160.81T KRW

Values before 2008, back to 2007, are on the chart — hover to read them.

Data release 2026_10_06_0823, published 6 Oct 2026.