South Korea GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

1990 - 2022 | Yearly | KRW mn | World Bank

South Korea GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 1,039,397,800.000 KRW mn in 2022. This records an increase from the previous number of 956,017,600.000 KRW mn for 2021. South Korea GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 533,277,700.000 KRW mn from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 1,039,397,800.000 KRW mn in 2022 and a record low of 100,737,500.000 KRW mn in 1990. South Korea GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

View South Korea's South Korea GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series from 1990 to 2022 in the chart:

South Korea South Korea GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

What was South Korea's South Korea GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series in 2022?

Last Previous Min Max Unit Frequency Range
1,039,397,800.000 2022 956,017,600.000 2021 100,737,500.000 1990 1,039,397,800.000 2022 KRW mn yearly 1990 - 2022

Related Indicators for South Korea GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

South Korea Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 70,250.328 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 41,380.693 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 2.340 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 1.4 Mar 2023 quarterly Mar 1961 - Mar 2023
GDP per Capita (USD) 35,569.900 2023 yearly 1953 - 2023
Gross Fixed Capital Formation (USD mn) 144,555.025 Sep 2024 quarterly Mar 1960 - Sep 2024
Gross National Product (GNP) (USD mn) 481,993.753 Sep 2024 quarterly Mar 1960 - Sep 2024
Gross Savings Rate (%) 34.0 Dec 2022 quarterly Mar 1970 - Dec 2022
Investment: % of GDP (%) 31.1 Sep 2024 quarterly Mar 1960 - Sep 2024
Nominal GDP (USD mn) 429,247.3 Mar 2023 quarterly Mar 1960 - Mar 2023
Nominal GDP Growth (%) 4.972 Sep 2024 quarterly Mar 1961 - Sep 2024
Private Consumption Expenditure (USD mn) 229,149.163 Sep 2024 quarterly Mar 1960 - Sep 2024
Private Consumption: % of GDP (%) 48.5 Sep 2024 quarterly Mar 1960 - Sep 2024
Public Consumption Expenditure (USD mn) 81,267.571 Sep 2024 quarterly Mar 1960 - Sep 2024
Public Consumption: % of GDP (%) 16.6 Sep 2024 quarterly Mar 1960 - Sep 2024
Real GDP Growth (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 85.433 Sep 2024 quarterly Mar 1960 - Sep 2024
Production Last Frequency Range
Gold Production (kg) 128.000 2022 yearly 1990 - 2022
Industrial Production Index Growth (%) 2.0 Oct 2024 monthly Jan 1958 - Oct 2024
Minerals Production (Metric Ton) 5,520,318.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 4,243,597.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 5.800 2021 yearly 1986 - 2021
Construction and Properties Last Frequency Range
Building Permits (Unit) 11,342.000 Nov 2024 monthly Oct 1979 - Nov 2024
House Prices Growth (%) -0.2 Nov 2024 monthly Jan 1987 - Nov 2024
Nominal Residential Property Price Index (2010=100) 142.344 Sep 2024 quarterly Mar 1975 - Sep 2024
Nominal Residential Property Price Index Growth (%) -0.357 Sep 2024 quarterly Mar 1976 - Sep 2024
Real Residential Property Price Index (2010=100) 107.433 Sep 2024 quarterly Mar 1975 - Sep 2024
Real Residential Property Price Index Growth (%) -2.360 Sep 2024 quarterly Mar 1976 - Sep 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.3 Sep 2024 quarterly Jun 2000 - Sep 2024
Forecast: Government Expenditure (KRW bn) 700,035.486 2029 yearly 1995 - 2029
Forecast: Government Net Debt (KRW bn) 1,793,717.560 2029 yearly 1990 - 2029
Forecast: Government Revenue (KRW bn) 701,179.384 2029 yearly 1995 - 2029
Government Debt: % of GDP (%) 46.1 Jun 2024 quarterly Sep 2002 - Jun 2024
National Government Debt (USD mn) 873,499.9 Sep 2024 quarterly Sep 2002 - Sep 2024
Tax Revenue (USD mn) 28,112.793 Oct 2024 monthly Jan 2000 - Oct 2024
Consolidated Fiscal Balance (USD mn) 16,459.563 Oct 2024 monthly Jul 1999 - Oct 2024
Tax Revenue: % of GDP (%) 13.5 Sep 2024 quarterly Mar 2000 - Sep 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 28,604,000.000 Nov 2024 monthly Jan 1983 - Nov 2024
Forecast: Employment (Person mn) 28.727 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 51.305 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.000 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 64.6 Nov 2024 monthly Jun 1999 - Nov 2024
Labour Productivity Growth (%) 0.94 Sep 2024 quarterly Sep 1983 - Sep 2024
Monthly Earnings (USD) 3,232 Sep 2024 monthly Jan 2008 - Sep 2024
Population (Person mn) 51.7 2023 yearly 1956 - 2023
Unemployment Rate (%) 2.70 Nov 2024 monthly Jun 1999 - Nov 2024

More Indicators for South Korea

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data