Korea - Household final consumption expenditure
Household final consumption expenditure, etc. (current US$)
The latest value for Household final consumption expenditure, etc. (current US$) in Korea was $534,688,000,000 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between $570,459,000,000 in 2007 and $1,939,459,000 in 1961.
Definition: 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 item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $3,245,460,000 |
| 1961 | $1,939,459,000 |
| 1962 | $2,302,102,000 |
| 1963 | $3,134,553,000 |
| 1964 | $2,835,457,000 |
| 1965 | $2,479,733,000 |
| 1966 | $2,934,343,000 |
| 1967 | $3,630,727,000 |
| 1968 | $4,465,839,000 |
| 1969 | $5,341,721,000 |
| 1970 | $6,682,123,000 |
| 1971 | $7,393,058,000 |
| 1972 | $7,816,692,000 |
| 1973 | $9,416,298,000 |
| 1974 | $13,364,400,000 |
| 1975 | $14,728,310,000 |
| 1976 | $18,956,820,000 |
| 1977 | $23,135,950,000 |
| 1978 | $30,758,260,000 |
| 1979 | $39,711,360,000 |
| 1980 | $40,627,890,000 |
| 1981 | $45,265,990,000 |
| 1982 | $46,842,200,000 |
| 1983 | $50,946,700,000 |
| 1984 | $54,879,770,000 |
| 1985 | $56,261,930,000 |
| 1986 | $61,042,150,000 |
| 1987 | $72,688,650,000 |
| 1988 | $95,086,200,000 |
| 1989 | $120,991,000,000 |
| 1990 | $136,501,000,000 |
| 1991 | $158,056,000,000 |
| 1992 | $170,948,000,000 |
| 1993 | $188,449,000,000 |
| 1994 | $221,630,000,000 |
| 1995 | $270,047,000,000 |
| 1996 | $295,435,000,000 |
| 1997 | $274,032,000,000 |
| 1998 | $170,403,000,000 |
| 1999 | $231,081,000,000 |
| 2000 | $291,379,000,000 |
| 2001 | $281,724,000,000 |
| 2002 | $326,599,000,000 |
| 2003 | $352,782,000,000 |
| 2004 | $379,696,000,000 |
| 2005 | $454,034,000,000 |
| 2006 | $518,494,000,000 |
| 2007 | $570,459,000,000 |
| 2008 | $509,256,000,000 |
| 2009 | $450,610,000,000 |
| 2010 | $534,688,000,000 |
Household final consumption expenditure, etc. (current LCU)
The value for Household final consumption expenditure, etc. (current LCU) in Korea was 618,132,000,000,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 618,132,000,000,000 in 2010 and a minimum value of 204,869,000,000 in 1960.
Definition: 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 item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 204,869,000,000 |
| 1961 | 242,027,000,000 |
| 1962 | 299,272,000,000 |
| 1963 | 407,490,000,000 |
| 1964 | 606,351,000,000 |
| 1965 | 660,601,000,000 |
| 1966 | 796,205,000,000 |
| 1967 | 982,184,000,000 |
| 1968 | 1,235,470,000,000 |
| 1969 | 1,539,270,000,000 |
| 1970 | 2,075,200,000,000 |
| 1971 | 2,566,500,000,000 |
| 1972 | 3,071,100,000,000 |
| 1973 | 3,750,700,000,000 |
| 1974 | 5,405,500,000,000 |
| 1975 | 7,128,500,000,000 |
| 1976 | 9,175,100,000,000 |
| 1977 | 11,197,800,000,000 |
| 1978 | 14,887,000,000,000 |
| 1979 | 19,220,300,000,000 |
| 1980 | 24,678,600,000,000 |
| 1981 | 30,827,500,000,000 |
| 1982 | 34,245,400,000,000 |
| 1983 | 39,521,900,000,000 |
| 1984 | 44,232,000,000,000 |
| 1985 | 48,949,000,000,000 |
| 1986 | 53,805,600,000,000 |
| 1987 | 59,791,500,000,000 |
| 1988 | 69,552,700,000,000 |
| 1989 | 81,240,800,000,000 |
| 1990 | 96,610,000,000,000 |
| 1991 | 115,910,000,000,000 |
| 1992 | 133,451,000,000,000 |
| 1993 | 151,262,000,000,000 |
| 1994 | 178,069,000,000,000 |
| 1995 | 208,279,000,000,000 |
| 1996 | 237,662,000,000,000 |
| 1997 | 260,684,000,000,000 |
| 1998 | 238,810,000,000,000 |
| 1999 | 274,713,000,000,000 |
| 2000 | 329,538,000,000,000 |
| 2001 | 363,703,000,000,000 |
| 2002 | 408,604,000,000,000 |
| 2003 | 420,378,000,000,000 |
| 2004 | 434,873,000,000,000 |
| 2005 | 464,986,000,000,000 |
| 2006 | 495,053,000,000,000 |
| 2007 | 530,105,000,000,000 |
| 2008 | 561,226,000,000,000 |
| 2009 | 575,397,000,000,000 |
| 2010 | 618,132,000,000,000 |
Household final consumption expenditure, etc. (constant 2000 US$)
The latest value for Household final consumption expenditure, etc. (constant 2000 US$) in Korea was 413,531,000,000 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between 413,531,000,000 in 2010 and 19,555,810,000 in 1960.
Definition: 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 item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 19,555,810,000 |
| 1961 | 20,096,520,000 |
| 1962 | 21,101,130,000 |
| 1963 | 21,667,560,000 |
| 1964 | 24,309,460,000 |
| 1965 | 25,532,040,000 |
| 1966 | 27,195,150,000 |
| 1967 | 28,437,280,000 |
| 1968 | 30,824,970,000 |
| 1969 | 36,922,020,000 |
| 1970 | 44,708,840,000 |
| 1971 | 48,489,260,000 |
| 1972 | 50,326,900,000 |
| 1973 | 55,641,230,000 |
| 1974 | 57,899,730,000 |
| 1975 | 61,617,360,000 |
| 1976 | 67,001,320,000 |
| 1977 | 70,756,430,000 |
| 1978 | 75,005,800,000 |
| 1979 | 79,110,660,000 |
| 1980 | 80,340,930,000 |
| 1981 | 85,466,610,000 |
| 1982 | 91,323,080,000 |
| 1983 | 100,464,000,000 |
| 1984 | 106,877,000,000 |
| 1985 | 114,855,000,000 |
| 1986 | 125,985,000,000 |
| 1987 | 136,513,000,000 |
| 1988 | 148,455,000,000 |
| 1989 | 161,438,000,000 |
| 1990 | 171,080,000,000 |
| 1991 | 186,892,000,000 |
| 1992 | 200,056,000,000 |
| 1993 | 210,676,000,000 |
| 1994 | 227,580,000,000 |
| 1995 | 252,423,000,000 |
| 1996 | 268,725,000,000 |
| 1997 | 278,867,000,000 |
| 1998 | 242,420,000,000 |
| 1999 | 267,682,000,000 |
| 2000 | 291,379,000,000 |
| 2001 | 306,852,000,000 |
| 2002 | 333,785,000,000 |
| 2003 | 334,188,000,000 |
| 2004 | 338,007,000,000 |
| 2005 | 353,243,000,000 |
| 2006 | 370,451,000,000 |
| 2007 | 388,287,000,000 |
| 2008 | 392,893,000,000 |
| 2009 | 393,520,000,000 |
| 2010 | 413,531,000,000 |
Household final consumption expenditure, etc. (annual % growth)
The value for Household final consumption expenditure, etc. (annual % growth) in Korea was 5.09 as of 2010. As the graph below shows, over the past 49 years this indicator reached a maximum value of 21.09 in 1970 and a minimum value of -13.07 in 1998.
Definition: Annual percentage growth of household final consumption expenditure is based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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 item also includes any statistical discrepancy in the use of resources relative to the supply of resources.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | 2.76 |
| 1962 | 5.00 |
| 1963 | 2.68 |
| 1964 | 12.19 |
| 1965 | 5.03 |
| 1966 | 6.51 |
| 1967 | 4.57 |
| 1968 | 8.40 |
| 1969 | 19.78 |
| 1970 | 21.09 |
| 1971 | 8.46 |
| 1972 | 3.79 |
| 1973 | 10.56 |
| 1974 | 4.06 |
| 1975 | 6.42 |
| 1976 | 8.74 |
| 1977 | 5.60 |
| 1978 | 6.01 |
| 1979 | 5.47 |
| 1980 | 1.56 |
| 1981 | 6.38 |
| 1982 | 6.85 |
| 1983 | 10.01 |
| 1984 | 6.38 |
| 1985 | 7.46 |
| 1986 | 9.69 |
| 1987 | 8.36 |
| 1988 | 8.75 |
| 1989 | 8.75 |
| 1990 | 5.97 |
| 1991 | 9.24 |
| 1992 | 7.04 |
| 1993 | 5.31 |
| 1994 | 8.02 |
| 1995 | 10.92 |
| 1996 | 6.46 |
| 1997 | 3.77 |
| 1998 | -13.07 |
| 1999 | 10.42 |
| 2000 | 8.85 |
| 2001 | 5.31 |
| 2002 | 8.78 |
| 2003 | 0.12 |
| 2004 | 1.14 |
| 2005 | 4.51 |
| 2006 | 4.87 |
| 2007 | 4.81 |
| 2008 | 1.19 |
| 2009 | 0.16 |
| 2010 | 5.09 |
Household final consumption expenditure, etc. (constant LCU)
The value for Household final consumption expenditure, etc. (constant LCU) in Korea was 544,344,000,000,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 544,344,000,000,000 in 2010 and a minimum value of 25,742,000,000,000 in 1960.
Definition: 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 item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 25,742,000,000,000 |
| 1961 | 26,453,700,000,000 |
| 1962 | 27,776,100,000,000 |
| 1963 | 28,521,700,000,000 |
| 1964 | 31,999,300,000,000 |
| 1965 | 33,608,700,000,000 |
| 1966 | 35,797,900,000,000 |
| 1967 | 37,432,900,000,000 |
| 1968 | 40,575,900,000,000 |
| 1969 | 48,601,700,000,000 |
| 1970 | 58,851,700,000,000 |
| 1971 | 63,828,000,000,000 |
| 1972 | 66,247,000,000,000 |
| 1973 | 73,242,400,000,000 |
| 1974 | 76,215,300,000,000 |
| 1975 | 81,109,000,000,000 |
| 1976 | 88,196,000,000,000 |
| 1977 | 93,139,000,000,000 |
| 1978 | 98,732,600,000,000 |
| 1979 | 104,136,000,000,000 |
| 1980 | 105,755,000,000,000 |
| 1981 | 112,503,000,000,000 |
| 1982 | 120,212,000,000,000 |
| 1983 | 132,244,000,000,000 |
| 1984 | 140,686,000,000,000 |
| 1985 | 151,187,000,000,000 |
| 1986 | 165,838,000,000,000 |
| 1987 | 179,697,000,000,000 |
| 1988 | 195,416,000,000,000 |
| 1989 | 212,507,000,000,000 |
| 1990 | 225,199,000,000,000 |
| 1991 | 246,012,000,000,000 |
| 1992 | 263,341,000,000,000 |
| 1993 | 277,320,000,000,000 |
| 1994 | 299,571,000,000,000 |
| 1995 | 332,273,000,000,000 |
| 1996 | 353,732,000,000,000 |
| 1997 | 367,081,000,000,000 |
| 1998 | 319,105,000,000,000 |
| 1999 | 352,358,000,000,000 |
| 2000 | 383,551,000,000,000 |
| 2001 | 403,919,000,000,000 |
| 2002 | 439,372,000,000,000 |
| 2003 | 439,903,000,000,000 |
| 2004 | 444,929,000,000,000 |
| 2005 | 464,986,000,000,000 |
| 2006 | 487,637,000,000,000 |
| 2007 | 511,115,000,000,000 |
| 2008 | 517,177,000,000,000 |
| 2009 | 518,004,000,000,000 |
| 2010 | 544,344,000,000,000 |
Household final consumption expenditure, etc. (% of GDP)
Household final consumption expenditure, etc. (% of GDP) in Korea was 52.71 as of 2010. Its highest value over the past 50 years was 84.44 in 1964, while its lowest value was 49.33 in 1998.
Definition: 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 item also includes any statistical discrepancy in the use of resources relative to the supply of resources.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 83.39 |
| 1961 | 82.28 |
| 1962 | 83.84 |
| 1963 | 81.13 |
| 1964 | 84.44 |
| 1965 | 82.18 |
| 1966 | 77.10 |
| 1967 | 77.20 |
| 1968 | 74.99 |
| 1969 | 71.45 |
| 1970 | 75.08 |
| 1971 | 75.05 |
| 1972 | 72.81 |
| 1973 | 68.77 |
| 1974 | 69.50 |
| 1975 | 68.64 |
| 1976 | 64.14 |
| 1977 | 61.00 |
| 1978 | 60.16 |
| 1979 | 60.57 |
| 1980 | 63.65 |
| 1981 | 63.34 |
| 1982 | 61.46 |
| 1983 | 60.28 |
| 1984 | 58.88 |
| 1985 | 58.23 |
| 1986 | 54.84 |
| 1987 | 51.92 |
| 1988 | 50.73 |
| 1989 | 52.50 |
| 1990 | 51.75 |
| 1991 | 51.29 |
| 1992 | 51.82 |
| 1993 | 52.04 |
| 1994 | 52.34 |
| 1995 | 52.22 |
| 1996 | 52.98 |
| 1997 | 53.08 |
| 1998 | 49.33 |
| 1999 | 51.88 |
| 2000 | 54.63 |
| 2001 | 55.83 |
| 2002 | 56.71 |
| 2003 | 54.80 |
| 2004 | 52.59 |
| 2005 | 53.74 |
| 2006 | 54.48 |
| 2007 | 54.37 |
| 2008 | 54.68 |
| 2009 | 54.03 |
| 2010 | 52.71 |
Household final consumption expenditure (current US$)
The latest value for Household final consumption expenditure (current US$) in Korea was $517,543,000,000 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between $570,631,000,000 in 2007 and $1,937,172,000 in 1961.
Definition: 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. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $3,241,638,000 |
| 1961 | $1,937,172,000 |
| 1962 | $2,299,372,000 |
| 1963 | $3,155,849,000 |
| 1964 | $2,833,158,000 |
| 1965 | $2,493,382,000 |
| 1966 | $2,947,199,000 |
| 1967 | $3,646,019,000 |
| 1968 | $4,486,459,000 |
| 1969 | $5,369,267,000 |
| 1970 | $6,628,349,000 |
| 1971 | $7,431,658,000 |
| 1972 | $7,887,450,000 |
| 1973 | $9,437,890,000 |
| 1974 | $13,241,280,000 |
| 1975 | $14,802,270,000 |
| 1976 | $18,856,610,000 |
| 1977 | $22,938,640,000 |
| 1978 | $30,274,590,000 |
| 1979 | $39,074,790,000 |
| 1980 | $39,923,280,000 |
| 1981 | $44,395,400,000 |
| 1982 | $46,721,430,000 |
| 1983 | $49,577,570,000 |
| 1984 | $53,219,810,000 |
| 1985 | $54,711,270,000 |
| 1986 | $59,622,900,000 |
| 1987 | $71,367,420,000 |
| 1988 | $92,241,650,000 |
| 1989 | $117,722,000,000 |
| 1990 | $134,181,000,000 |
| 1991 | $156,483,000,000 |
| 1992 | $169,062,000,000 |
| 1993 | $186,485,000,000 |
| 1994 | $221,425,000,000 |
| 1995 | $270,284,000,000 |
| 1996 | $293,609,000,000 |
| 1997 | $271,879,000,000 |
| 1998 | $170,404,000,000 |
| 1999 | $231,266,000,000 |
| 2000 | $292,132,000,000 |
| 2001 | $282,149,000,000 |
| 2002 | $326,688,000,000 |
| 2003 | $352,547,000,000 |
| 2004 | $379,859,000,000 |
| 2005 | $454,469,000,000 |
| 2006 | $518,352,000,000 |
| 2007 | $570,631,000,000 |
| 2008 | $496,107,000,000 |
| 2009 | $438,584,000,000 |
| 2010 | $517,543,000,000 |
Household final consumption expenditure (current LCU)
The value for Household final consumption expenditure (current LCU) in Korea was 598,311,000,000,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 598,311,000,000,000 in 2010 and a minimum value of 204,628,000,000 in 1960.
Definition: 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. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 204,628,000,000 |
| 1961 | 241,742,000,000 |
| 1962 | 298,917,000,000 |
| 1963 | 410,259,000,000 |
| 1964 | 605,859,000,000 |
| 1965 | 664,237,000,000 |
| 1966 | 799,693,000,000 |
| 1967 | 986,321,000,000 |
| 1968 | 1,241,180,000,000 |
| 1969 | 1,547,210,000,000 |
| 1970 | 2,058,500,000,000 |
| 1971 | 2,579,900,000,000 |
| 1972 | 3,098,900,000,000 |
| 1973 | 3,759,300,000,000 |
| 1974 | 5,355,700,000,000 |
| 1975 | 7,164,300,000,000 |
| 1976 | 9,126,600,000,000 |
| 1977 | 11,102,300,000,000 |
| 1978 | 14,652,900,000,000 |
| 1979 | 18,912,200,000,000 |
| 1980 | 24,250,600,000,000 |
| 1981 | 30,234,600,000,000 |
| 1982 | 34,157,100,000,000 |
| 1983 | 38,459,800,000,000 |
| 1984 | 42,894,100,000,000 |
| 1985 | 47,599,900,000,000 |
| 1986 | 52,554,600,000,000 |
| 1987 | 58,704,700,000,000 |
| 1988 | 67,472,000,000,000 |
| 1989 | 79,045,400,000,000 |
| 1990 | 94,968,000,000,000 |
| 1991 | 114,757,000,000,000 |
| 1992 | 131,979,000,000,000 |
| 1993 | 149,686,000,000,000 |
| 1994 | 177,904,000,000,000 |
| 1995 | 208,462,000,000,000 |
| 1996 | 236,194,000,000,000 |
| 1997 | 258,636,000,000,000 |
| 1998 | 238,811,000,000,000 |
| 1999 | 274,934,000,000,000 |
| 2000 | 330,390,000,000,000 |
| 2001 | 364,251,000,000,000 |
| 2002 | 408,716,000,000,000 |
| 2003 | 420,099,000,000,000 |
| 2004 | 435,060,000,000,000 |
| 2005 | 465,431,000,000,000 |
| 2006 | 494,918,000,000,000 |
| 2007 | 530,264,000,000,000 |
| 2008 | 546,734,000,000,000 |
| 2009 | 560,041,000,000,000 |
| 2010 | 598,311,000,000,000 |
Household final consumption expenditure (constant 2000 US$)
The latest value for Household final consumption expenditure (constant 2000 US$) in Korea was 396,850,000,000 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between 396,850,000,000 in 2010 and 21,789,500,000 in 1960.
Definition: 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. Data are in constant 2000 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 21,789,500,000 |
| 1961 | 22,391,970,000 |
| 1962 | 23,511,330,000 |
| 1963 | 24,142,460,000 |
| 1964 | 27,086,120,000 |
| 1965 | 28,448,350,000 |
| 1966 | 29,937,950,000 |
| 1967 | 31,314,530,000 |
| 1968 | 33,661,660,000 |
| 1969 | 40,185,910,000 |
| 1970 | 44,164,890,000 |
| 1971 | 48,083,450,000 |
| 1972 | 50,492,060,000 |
| 1973 | 54,803,030,000 |
| 1974 | 58,320,860,000 |
| 1975 | 61,352,840,000 |
| 1976 | 66,250,320,000 |
| 1977 | 69,649,070,000 |
| 1978 | 75,110,420,000 |
| 1979 | 80,960,720,000 |
| 1980 | 80,817,600,000 |
| 1981 | 84,909,030,000 |
| 1982 | 90,737,350,000 |
| 1983 | 98,930,880,000 |
| 1984 | 106,611,000,000 |
| 1985 | 114,063,000,000 |
| 1986 | 123,846,000,000 |
| 1987 | 133,444,000,000 |
| 1988 | 144,713,000,000 |
| 1989 | 159,268,000,000 |
| 1990 | 173,859,000,000 |
| 1991 | 188,999,000,000 |
| 1992 | 200,403,000,000 |
| 1993 | 212,475,000,000 |
| 1994 | 230,365,000,000 |
| 1995 | 253,151,000,000 |
| 1996 | 270,207,000,000 |
| 1997 | 279,116,000,000 |
| 1998 | 241,635,000,000 |
| 1999 | 269,425,000,000 |
| 2000 | 292,132,000,000 |
| 2001 | 308,652,000,000 |
| 2002 | 336,068,000,000 |
| 2003 | 334,673,000,000 |
| 2004 | 335,800,000,000 |
| 2005 | 351,304,000,000 |
| 2006 | 367,916,000,000 |
| 2007 | 386,526,000,000 |
| 2008 | 381,626,000,000 |
| 2009 | 381,185,000,000 |
| 2010 | 396,850,000,000 |
Household final consumption expenditure (annual % growth)
The value for Household final consumption expenditure (annual % growth) in Korea was 4.11 as of 2010. As the graph below shows, over the past 49 years this indicator reached a maximum value of 19.38 in 1969 and a minimum value of -13.43 in 1998.
Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. 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.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | 2.76 |
| 1962 | 5.00 |
| 1963 | 2.68 |
| 1964 | 12.19 |
| 1965 | 5.03 |
| 1966 | 5.24 |
| 1967 | 4.60 |
| 1968 | 7.50 |
| 1969 | 19.38 |
| 1970 | 9.90 |
| 1971 | 8.87 |
| 1972 | 5.01 |
| 1973 | 8.54 |
| 1974 | 6.42 |
| 1975 | 5.20 |
| 1976 | 7.98 |
| 1977 | 5.13 |
| 1978 | 7.84 |
| 1979 | 7.79 |
| 1980 | -0.18 |
| 1981 | 5.06 |
| 1982 | 6.86 |
| 1983 | 9.03 |
| 1984 | 7.76 |
| 1985 | 6.99 |
| 1986 | 8.58 |
| 1987 | 7.75 |
| 1988 | 8.44 |
| 1989 | 10.06 |
| 1990 | 9.16 |
| 1991 | 8.71 |
| 1992 | 6.03 |
| 1993 | 6.02 |
| 1994 | 8.42 |
| 1995 | 9.89 |
| 1996 | 6.74 |
| 1997 | 3.30 |
| 1998 | -13.43 |
| 1999 | 11.50 |
| 2000 | 8.43 |
| 2001 | 5.66 |
| 2002 | 8.88 |
| 2003 | -0.41 |
| 2004 | 0.34 |
| 2005 | 4.62 |
| 2006 | 4.73 |
| 2007 | 5.06 |
| 2008 | -1.27 |
| 2009 | -0.12 |
| 2010 | 4.11 |
Household final consumption expenditure (constant LCU)
The value for Household final consumption expenditure (constant LCU) in Korea was 525,773,000,000,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 525,773,000,000,000 in 2010 and a minimum value of 28,868,100,000,000 in 1960.
Definition: 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. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 28,868,100,000,000 |
| 1961 | 29,666,300,000,000 |
| 1962 | 31,149,300,000,000 |
| 1963 | 31,985,500,000,000 |
| 1964 | 35,885,400,000,000 |
| 1965 | 37,690,200,000,000 |
| 1966 | 39,663,700,000,000 |
| 1967 | 41,487,500,000,000 |
| 1968 | 44,597,100,000,000 |
| 1969 | 53,240,900,000,000 |
| 1970 | 58,512,500,000,000 |
| 1971 | 63,704,000,000,000 |
| 1972 | 66,895,100,000,000 |
| 1973 | 72,606,600,000,000 |
| 1974 | 77,267,200,000,000 |
| 1975 | 81,284,200,000,000 |
| 1976 | 87,772,700,000,000 |
| 1977 | 92,275,500,000,000 |
| 1978 | 99,511,100,000,000 |
| 1979 | 107,262,000,000,000 |
| 1980 | 107,072,000,000,000 |
| 1981 | 112,493,000,000,000 |
| 1982 | 120,215,000,000,000 |
| 1983 | 131,070,000,000,000 |
| 1984 | 141,245,000,000,000 |
| 1985 | 151,118,000,000,000 |
| 1986 | 164,079,000,000,000 |
| 1987 | 176,796,000,000,000 |
| 1988 | 191,725,000,000,000 |
| 1989 | 211,008,000,000,000 |
| 1990 | 230,340,000,000,000 |
| 1991 | 250,398,000,000,000 |
| 1992 | 265,506,000,000,000 |
| 1993 | 281,501,000,000,000 |
| 1994 | 305,203,000,000,000 |
| 1995 | 335,390,000,000,000 |
| 1996 | 357,988,000,000,000 |
| 1997 | 369,790,000,000,000 |
| 1998 | 320,133,000,000,000 |
| 1999 | 356,951,000,000,000 |
| 2000 | 387,035,000,000,000 |
| 2001 | 408,922,000,000,000 |
| 2002 | 445,244,000,000,000 |
| 2003 | 443,396,000,000,000 |
| 2004 | 444,890,000,000,000 |
| 2005 | 465,431,000,000,000 |
| 2006 | 487,439,000,000,000 |
| 2007 | 512,095,000,000,000 |
| 2008 | 505,603,000,000,000 |
| 2009 | 505,018,000,000,000 |
| 2010 | 525,773,000,000,000 |
Household final consumption expenditure, PPP (current international $)
The latest value for Household final consumption expenditure, PPP (current international $) in Korea was 657,418,000,000 as of 2010. Over the past 30 years, the value for this indicator has fluctuated between 657,418,000,000 in 2010 and 53,681,890,000 in 1980.
Definition: 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. Data are converted to current international dollars using purchasing power parity rates.
Source: World Bank, International Comparison Program database.
See also:
| Year | Value |
|---|---|
| 1980 | 53,681,890,000 |
| 1981 | 61,213,740,000 |
| 1982 | 69,236,550,000 |
| 1983 | 78,792,560,000 |
| 1984 | 87,919,670,000 |
| 1985 | 97,411,540,000 |
| 1986 | 108,361,000,000 |
| 1987 | 121,060,000,000 |
| 1988 | 137,062,000,000 |
| 1989 | 158,057,000,000 |
| 1990 | 181,907,000,000 |
| 1991 | 205,072,000,000 |
| 1992 | 224,312,000,000 |
| 1993 | 243,803,000,000 |
| 1994 | 269,780,000,000 |
| 1995 | 303,478,000,000 |
| 1996 | 328,991,000,000 |
| 1997 | 345,481,000,000 |
| 1998 | 303,118,000,000 |
| 1999 | 344,954,000,000 |
| 2000 | 400,818,000,000 |
| 2001 | 431,552,000,000 |
| 2002 | 468,923,000,000 |
| 2003 | 476,866,000,000 |
| 2004 | 490,919,000,000 |
| 2005 | 529,280,000,000 |
| 2006 | 566,709,000,000 |
| 2007 | 611,469,000,000 |
| 2008 | 619,816,000,000 |
| 2009 | 620,320,000,000 |
| 2010 | 657,418,000,000 |
Household final consumption expenditure, PPP (constant 2005 international $)
The latest value for Household final consumption expenditure, PPP (constant 2005 international $) in Korea was 597,900,000,000 as of 2010. Over the past 30 years, the value for this indicator has fluctuated between 597,900,000,000 in 2010 and 121,761,000,000 in 1980.
Definition: 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. Data are converted to constant 2005 international dollars using purchasing power parity rates.
Source: World Bank, International Comparison Program database.
See also:
| Year | Value |
|---|---|
| 1980 | 121,761,000,000 |
| 1981 | 127,925,000,000 |
| 1982 | 136,706,000,000 |
| 1983 | 149,051,000,000 |
| 1984 | 160,621,000,000 |
| 1985 | 171,848,000,000 |
| 1986 | 186,587,000,000 |
| 1987 | 201,049,000,000 |
| 1988 | 218,027,000,000 |
| 1989 | 239,955,000,000 |
| 1990 | 261,939,000,000 |
| 1991 | 284,749,000,000 |
| 1992 | 301,929,000,000 |
| 1993 | 320,118,000,000 |
| 1994 | 347,071,000,000 |
| 1995 | 381,400,000,000 |
| 1996 | 407,098,000,000 |
| 1997 | 420,519,000,000 |
| 1998 | 364,050,000,000 |
| 1999 | 405,919,000,000 |
| 2000 | 440,130,000,000 |
| 2001 | 465,020,000,000 |
| 2002 | 506,324,000,000 |
| 2003 | 504,223,000,000 |
| 2004 | 505,921,000,000 |
| 2005 | 529,280,000,000 |
| 2006 | 554,308,000,000 |
| 2007 | 582,346,000,000 |
| 2008 | 574,964,000,000 |
| 2009 | 574,298,000,000 |
| 2010 | 597,900,000,000 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
