South Korea — Government consumption

millions of LCU · Annual · 1911–2026 · 104 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 455.42T LCU in 2025, compared with 440.66T LCU in 2024. The period change was +3.35%. The latest reading was above the selected 10-year average of 363.52T LCU. The corresponding ratio to GDP was 17% in 2025.

100.00M1.00B10.00B100.00B1.00T10.00T100.00T1911201020152026LCUSubscribe to view

Get the full series

  • Annual data, 1911–2026
  • Quarterly data, 1960–2026
  • All 5 sources, downloadable

Latest observations

2006–2026

PeriodValue
2026469.76T LCU
2025455.42T LCU
2024440.66T LCU
2023423.13T LCU
2022409.87T LCU
15 earlier values
2021378.27T LCU
2020349.59T LCU
2019327.78T LCU
2018303.86T LCU
2017281.90T LCU
2016264.72T LCU
2015249.74T LCU
2014237.37T LCU
2013224.01T LCU
2012210.69T LCU
2011198.58T LCU
2010186.28T LCU
2009175.18T LCU
2008160.81T LCU
2007145.51T LCU

Values before 2007, back to 2006, are on the chart — hover to read them.

Data release 2026_08_27_1049, published 30 Sept 2026.