South Korea — Government consumption (USD)

millions of USD · Annual · 1911–2026 · 102 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 320.37B USD in 2025. Against 323.18B USD in 2024, the period change was −0.87%. It was above the selected 10-year average of 294.55B USD. The corresponding ratio to GDP was 17% in 2025.

100.00M1.00B10.00B100.00B1911201020152026USDSubscribe to view

Get the full series

  • Annual data, 1911–2026
  • Quarterly data, 1960–2026
  • All 2 sources, downloadable

Latest observations

2006–2026

PeriodValue
2026334.01B USD
2025320.37B USD
2024323.18B USD
2023323.78B USD
2022316.99B USD
15 earlier values
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
2007156.62B USD

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

Data release 2026_08_27_1049, published 30 Sept 2026.