Korea - Gross national expenditure (% of GDP)

Gross national expenditure (% of GDP) in Korea was 93.20 as of 2016. Its highest value over the past 56 years was 112.50 in 1968, while its lowest value was 89.21 in 1998.

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).

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

See also:

Year Value
1960 109.36
1961 109.92
1962 111.72
1963 110.71
1964 107.42
1965 107.20
1966 109.78
1967 110.57
1968 112.50
1969 111.84
1970 109.69
1971 110.35
1972 104.85
1973 103.75
1974 111.09
1975 108.69
1976 102.83
1977 101.89
1978 104.34
1979 107.45
1980 108.67
1981 107.25
1982 105.54
1983 102.07
1984 99.11
1985 98.56
1986 95.79
1987 93.46
1988 93.33
1989 97.84
1990 100.58
1991 102.08
1992 100.24
1993 99.32
1994 100.38
1995 100.92
1996 102.93
1997 100.68
1998 89.21
1999 94.31
2000 97.93
2001 98.45
2002 98.50
2003 97.99
2004 96.17
2005 97.56
2006 99.22
2007 98.87
2008 100.01
2009 95.31
2010 96.82
2011 98.51
2012 97.21
2013 95.02
2014 94.75
2015 93.04
2016 93.20

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts