Korea, Rep. | Household and NPISHs Final consumption expenditure (current 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 current local currency.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | Household and NPISHs Final consumption expenditure (current LCU)
year value
1960 212700000000
1961 253000000000
1962 304100000000
1963 417900000000
1964 612300000000
1965 693800000000
1966 837900000000
1967 1039800000000
1968 1277100000000
1969 1597800000000
1970 2062100000000
1971 2592400000000
1972 3104800000000
1973 3798600000000
1974 5443600000000
1975 7285700000000
1976 9315500000000
1977 11361500000000
1978 15016700000000
1979 19439700000000
1980 24916700000000
1981 31181500000000
1982 35278600000000
1983 39796800000000
1984 44444800000000
1985 49305000000000
1986 54837200000000
1987 61775800000000
1988 71362200000000
1989 83899400000000
1990 1.007375E+14
1991 1.220447E+14
1992 1.413453E+14
1993 1.611045E+14
1994 1.927712E+14
1995 2.270695E+14
1996 2.613767E+14
1997 2.894251E+14
1998 2.702976E+14
1999 3.111769E+14
2000 3.551414E+14
2001 3.916917E+14
2002 4.402067E+14
2003 4.527365E+14
2004 4.687005E+14
2005 5.009109E+14
2006 5.332777E+14
2007 5.718095E+14
2008 6.063558E+14
2009 6.228086E+14
2010 6.670613E+14
2011 7.111188E+14
2012 7.383121E+14
2013 7.58005E+14
2014 7.804627E+14
2015 8.048124E+14
2016 8.348048E+14
2017 8.727914E+14
2018 9.115761E+14
2019 9.359338E+14
2020 9.003209E+14
2021 9.560176E+14
2022 1.0393978E+15

Korea, Rep. | Household and NPISHs Final consumption expenditure (current 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 current local currency.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source