South Korea: Household consumption

* indicates monthly or quarterly data series
The most recent value is 313439.9 billion South Korean Won as of Q1 2025, a decline compared to the previous value of 317787.9 billion South Korean Won. Historically, the average for South Korea from Q1 1960 to Q1 2025 is 82252.96 billion South Korean Won. The minimum of 48.17 billion South Korean Won was recorded in Q3 1960, while the maximum of 317787.9 billion South Korean Won was reached in Q4 2024. Click on the following link to see the values of: Household consumption around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion South Korean Won
  • Source: Korean Statistical Information Service

Recent values South Korea: Household consumption, billion currency units
2025  Q1 313439.9
2024  Q4 317787.9
2024  Q3 312862.2
2024  Q2 302866.6
2024  Q1 306208.7
2023  Q4 309687.1
2023  Q3 303466.4
2023  Q2 294205.8


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Definition: The market value of all goods and services, including durable products, purchased by households.

 Related indicators Latest Reference Measure
 Capital investment, percent of GDP 32.13 2023 percent
 Capital investment, in dollars 550.31 2023 billion U.S. dollars
 Household consumption, percent of GDP 48.93 2023 percent
 Household consumption, in dollars 838.03 2023 billion U.S. dollars
 Household consumption 313,439.90 Q1/2025 billion
 Consumption as percent of GDP 50.33 Q1/2025 percent
 Consumption growth 2.36 Q1/2025 percent
 Investment 171,912.90 Q1/2025 billion
 Investment as percent of GDP 27.60 Q1/2025 percent
 Investment growth -1.58 Q1/2025 percent
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