Korea - Final consumption expenditure (current LCU)
The value for Final consumption expenditure (current LCU) in Korea was 1,246,570,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 1,264,600,000,000,000 in 2019 and a minimum value of 248,290,000,000 in 1960.
Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 248,290,000,000 |
| 1961 | 293,040,000,000 |
| 1962 | 353,730,000,000 |
| 1963 | 472,500,000,000 |
| 1964 | 672,970,000,000 |
| 1965 | 768,190,000,000 |
| 1966 | 941,060,000,000 |
| 1967 | 1,169,480,000,000 |
| 1968 | 1,448,940,000,000 |
| 1969 | 1,817,230,000,000 |
| 1970 | 2,338,700,000,000 |
| 1971 | 2,942,300,000,000 |
| 1972 | 3,551,600,000,000 |
| 1973 | 4,289,600,000,000 |
| 1974 | 6,202,900,000,000 |
| 1975 | 8,455,000,000,000 |
| 1976 | 10,879,300,000,000 |
| 1977 | 13,350,200,000,000 |
| 1978 | 17,510,000,000,000 |
| 1979 | 22,624,800,000,000 |
| 1980 | 29,646,200,000,000 |
| 1981 | 37,177,500,000,000 |
| 1982 | 42,028,700,000,000 |
| 1983 | 47,365,800,000,000 |
| 1984 | 52,739,300,000,000 |
| 1985 | 58,661,300,000,000 |
| 1986 | 65,407,900,000,000 |
| 1987 | 73,927,300,000,000 |
| 1988 | 85,837,700,000,000 |
| 1989 | 101,733,000,000,000 |
| 1990 | 122,746,000,000,000 |
| 1991 | 148,118,000,000,000 |
| 1992 | 172,043,000,000,000 |
| 1993 | 194,983,000,000,000 |
| 1994 | 231,047,000,000,000 |
| 1995 | 270,940,000,000,000 |
| 1996 | 312,375,000,000,000 |
| 1997 | 344,765,000,000,000 |
| 1998 | 331,556,000,000,000 |
| 1999 | 376,689,000,000,000 |
| 2000 | 426,170,000,000,000 |
| 2001 | 474,802,000,000,000 |
| 2002 | 532,348,000,000,000 |
| 2003 | 554,493,000,000,000 |
| 2004 | 581,232,000,000,000 |
| 2005 | 624,060,000,000,000 |
| 2006 | 667,733,000,000,000 |
| 2007 | 718,291,000,000,000 |
| 2008 | 768,507,000,000,000 |
| 2009 | 799,520,000,000,000 |
| 2010 | 854,936,000,000,000 |
| 2011 | 910,746,000,000,000 |
| 2012 | 949,805,000,000,000 |
| 2013 | 982,776,000,000,000 |
| 2014 | 1,018,420,000,000,000 |
| 2015 | 1,054,900,000,000,000 |
| 2016 | 1,100,100,000,000,000 |
| 2017 | 1,155,840,000,000,000 |
| 2018 | 1,216,270,000,000,000 |
| 2019 | 1,264,600,000,000,000 |
| 2020 | 1,246,570,000,000,000 |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
