Korea, Rep. | Household and NPISHs Final consumption expenditure (current US$)

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 U.S. dollars.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | Household and NPISHs Final consumption expenditure (current US$)
1960 3369504950.495
1961 2027378423.4048
1962 2339230769.2308
1963 3214615384.6154
1964 2863266068.637
1965 2604346533.4939
1966 3088036117.3815
1967 3843755302.3529
1968 4616385620.5606
1969 5544820808.382
1970 6640030551.6754
1971 7467719053.1402
1972 7902381862.5981
1973 9536512823.68
1974 13458516957.271
1975 15053099173.554
1976 19246900826.446
1977 23474173553.719
1978 31026239669.422
1979 40164669421.488
1980 41019701777.564
1981 45785909337.395
1982 48255180456.642
1983 51301175909.763
1984 55144087452.75
1985 56671111008.942
1986 62212194348.839
1987 75101192303.367
1988 97560208692.571
1989 124951486009.95
1990 142332008315.76
1991 166420059744.74
1992 181060853329.04
1993 200710552819.41
1994 239930559099.32
1995 294408609762.58
1996 324912210565.86
1997 304245123354.71
1998 192871786503.09
1999 261753473012.28
2000 314018342864.34
2001 303403050640.18
2002 351859017465.03
2003 379935469046.95
2004 409231330444.82
2005 489115058859.99
2006 558528493947.1
2007 615340336847.5
2008 550208806940.76
2009 487739030330.56
2010 576813119346.97
2011 641668861601.61
2012 655225159736.8
2013 692253072537.69
2014 741292789027.77
2015 711623520881.73
2016 719183471280.85
2017 771698304722.69
2018 828582538610.41
2019 803130198243.89
2020 762811986927.01
2021 835715004400.97
2022 804832131283.47

Korea, Rep. | Household and NPISHs Final consumption expenditure (current US$)

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 U.S. dollars.
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source