NewWelcome, GMD users!Get started

South Korea — Household consumption

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

About this series

Household final consumption expenditure records spending by households and nonprofit institutions serving households on goods and services for current use. It is a component of GDP.

The latest household consumption reading for South Korea was 1278.94T KRW in 2025. The previous reading was 1239.73T KRW in 2024; the period change was +3.16%. The latest reading was above the selected 10-year average of 1075.59T KRW. The corresponding ratio to GDP was 48% in 2025.

1.00B10.00B100.00B1.00T10.00T100.00T1000.00T1911201020152027KRWSubscribe to view

Get the full series

  • Annual data, 1911–2027
  • Quarterly data, 1960–2027
  • All 5 sources, downloadable

Latest observations

2007–2027

PeriodValue
20271394.07T KRW
20261337.75T KRW
20251278.94T KRW
20241239.73T KRW
20231203.11T KRW
15 earlier values
20221139.40T KRW
20211046.77T KRW
2020984.09T KRW
20191022.46T KRW
2018991.72T KRW
2017946.90T KRW
2016902.76T KRW
2015866.79T KRW
2014836.98T KRW
2013809.68T KRW
2012786.23T KRW
2011755.41T KRW
2010706.29T KRW
2009659.56T KRW
2008641.09T 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.