Korea, Rep. | Household and NPISHs Final consumption expenditure (constant LCU)

Household and NPISHs 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. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country. Data are in constant local currency.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | Household and NPISHs Final consumption expenditure (constant LCU)
year value
1960 29905300000000
1961 30600300000000
1962 33582300000000
1963 35038100000000
1964 38031800000000
1965 40648300000000
1966 43324000000000
1967 47114900000000
1968 52084500000000
1969 57651900000000
1970 63727600000000
1971 69838600000000
1972 73761400000000
1973 80453200000000
1974 86484700000000
1975 91430800000000
1976 99120200000000
1977 1.046247E+14
1978 1.135497E+14
1979 1.234658E+14
1980 1.234615E+14
1981 1.30151E+14
1982 1.399637E+14
1983 1.529177E+14
1984 1.646999E+14
1985 1.76731E+14
1986 1.932364E+14
1987 2.098389E+14
1988 2.295257E+14
1989 2.54353E+14
1990 2.799241E+14
1991 3.052795E+14
1992 3.265602E+14
1993 3.492484E+14
1994 3.813943E+14
1995 4.222969E+14
1996 4.549981E+14
1997 4.742069E+14
1998 4.176706E+14
1999 4.679886E+14
2000 5.116066E+14
2001 5.412441E+14
2002 5.89833E+14
2003 5.876004E+14
2004 5.899474E+14
2005 6.174168E+14
2006 6.478043E+14
2007 6.820324E+14
2008 6.931032E+14
2009 6.946151E+14
2010 7.251186E+14
2011 7.464907E+14
2012 7.588394E+14
2013 7.720138E+14
2014 7.874097E+14
2015 8.048124E+14
2016 8.256762E+14
2017 8.485893E+14
2018 8.755779E+14
2019 8.940748E+14
2020 8.509569E+14
2021 8.813963E+14
2022 9.177965E+14

Korea, Rep. | Household and NPISHs Final consumption expenditure (constant LCU)

Household and NPISHs 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. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country. Data are in constant local currency.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source