South Korea: Household consumption
* indicates monthly or quarterly data series
The most recent value is 311479.1 billion South Korean Won as of Q3 2024, an increase compared to the previous value of 301873.8 billion South Korean Won. Historically, the average for South Korea from Q1 1960 to Q3 2024 is 80412.59 billion South Korean Won. The minimum of 48.17 billion South Korean Won was recorded in Q3 1960, while the maximum of 311479.1 billion South Korean Won was reached in Q3 2024.
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* indicates monthly or quarterly data series
- Measure: billion South Korean Won
- Source: Korean Statistical Information Service
| Recent values | South Korea: Household consumption, billion currency units |
|---|---|
| 2024 Q3 | 311479.1 |
| 2024 Q2 | 301873.8 |
| 2024 Q1 | 304191.8 |
| 2023 Q4 | 309452 |
| 2023 Q3 | 301726.5 |
| 2023 Q2 | 292308.5 |
| 2023 Q1 | 294080 |
| 2022 Q4 | 298578.6 |
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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 | 311,479.10 | Q3/2024 | billion |
| Consumption as percent of GDP | 48.52 | Q3/2024 | percent |
| Consumption growth | 3.23 | Q3/2024 | percent |
| Investment | 194,239.90 | Q3/2024 | billion |
| Investment as percent of GDP | 30.26 | Q3/2024 | percent |
| Investment growth | 0.60 | Q3/2024 | percent |