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South Korea — Government consumption (USD)

millions of USD · Annual · 1911–2027 · 103 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. This series reports the amount in millions of US dollars.

For South Korea, the government consumption reading stood at 330.67B USD in 2025. Against 327.87B USD in 2024, the period change was +0.85%. It was above the selected 10-year average of 296.43B USD. The corresponding ratio to GDP was 17.7% in 2025.

100.00M1.00B10.00B100.00B1911201020152027USDSubscribe to view

Get the full series

  • Annual data, 1911–2027
  • Quarterly data, 1960–2027
  • The underlying source, downloadable

Latest observations

2007–2027

PeriodValue
2027358.68B USD
2026343.80B USD
2025330.67B USD
2024327.87B USD
2023327.62B USD
15 earlier values
2022316.99B USD
2021330.22B USD
2020296.42B USD
2019281.05B USD
2018276.06B USD
2017249.29B USD
2016228.11B USD
2015220.48B USD
2014225.41B USD
2013204.56B USD
2012186.94B USD
2011179.20B USD
2010161.05B USD
2009137.29B USD
2008145.94B USD

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

Data release 2026_10_06_0823, published 6 Oct 2026.