South Korea: Household consumption

* indicates monthly or quarterly data series
 South Korea

Household consumption, billion currency units

 Latest value 275706.9
 Reference Q3 2023
 Measure billion South Korean Won
 Data availability Q1 1960 - Q3 2023
 Average 75484.04
 Min - Max 48.17 - 275706.9
 Source Korean Statistical Information Service
For that indicator, we provide data for South Korea from Q1 1960 to Q3 2023. The average value for South Korea during that period was 75484.04 billion South Korean Won with a minimum of 48.17 billion South Korean Won in Q3 1960 and a maximum of 275706.9 billion South Korean Won in Q3 2023. Click on the following link to see the values of Household consumption, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
South Korea - Household consumption - recent values

Historical chart
South Korea - Household consumption - historical chart - 1960-2023
Measure: billion South Korean Won
Source: Korean Statistical Information Service


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

 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 33.18 2022 percent
 Capital investment, in dollars 555.43 2022 billion U.S. dollars
 Household consumption, percent of GDP 48.08 2022 percent
 Household consumption, in dollars 804.83 2022 billion U.S. dollars
 Household consumption 275,706.90 Q3/2023 billion
 Consumption as percent of GDP 48.18 Q3/2023 percent
 Consumption growth 3.30 Q3/2023 percent
 Investment 180,273.30 Q3/2023 billion
 Investment as percent of GDP 31.50 Q3/2023 percent
 Investment growth 2.63 Q3/2023 percent
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