Korea - Gross national expenditure (constant 2010 US$)

The latest value for Gross national expenditure (constant 2010 US$) in Korea was 1,530,150,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 1,553,300,000,000 in 2019 and 37,312,140,000 in 1960.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 37,312,140,000
1961 38,599,840,000
1962 41,731,680,000
1963 44,891,450,000
1964 47,503,020,000
1965 50,728,830,000
1966 56,326,370,000
1967 61,898,990,000
1968 70,488,060,000
1969 79,712,950,000
1970 86,707,730,000
1971 95,652,720,000
1972 98,598,210,000
1973 109,680,000,000
1974 121,775,000,000
1975 127,536,000,000
1976 140,149,000,000
1977 154,969,000,000
1978 175,785,000,000
1979 194,352,000,000
1980 188,268,000,000
1981 197,376,000,000
1982 211,925,000,000
1983 233,433,000,000
1984 251,994,000,000
1985 269,206,000,000
1986 296,840,000,000
1987 326,562,000,000
1988 365,913,000,000
1989 412,620,000,000
1990 461,824,000,000
1991 516,863,000,000
1992 541,835,000,000
1993 574,395,000,000
1994 634,179,000,000
1995 694,108,000,000
1996 755,548,000,000
1997 772,085,000,000
1998 652,580,000,000
1999 751,031,000,000
2000 825,259,000,000
2001 862,648,000,000
2002 934,671,000,000
2003 954,537,000,000
2004 975,019,000,000
2005 1,013,330,000,000
2006 1,067,110,000,000
2007 1,124,410,000,000
2008 1,140,670,000,000
2009 1,116,630,000,000
2010 1,209,620,000,000
2011 1,245,640,000,000
2012 1,254,400,000,000
2013 1,279,230,000,000
2014 1,315,470,000,000
2015 1,365,420,000,000
2016 1,420,790,000,000
2017 1,500,260,000,000
2018 1,530,240,000,000
2019 1,553,300,000,000
2020 1,530,150,000,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts