Korea, Rep. | Households and NPISHs Final consumption expenditure, PPP (constant 2017 international $)
Household 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. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2017 international dollars using purchasing power parity rates. Statistical concept and methodology: For the concept and methodology of 2017 PPP, please refer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source
Korea, Rep. | Households and NPISHs Final consumption expenditure, PPP (constant 2017 international $)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
290207721353.3 1990
316494607184.14 1991
338557100037.75 1992
362078800468.72 1993
395405650103.5 1994
437810896180.65 1995
471713445970.11 1996
491627923065.62 1997
433014638976.3 1998
485181180274.66 1999
530401582483.64 2000
561127880582.33 2001
611501799627.05 2002
609187180204.52 2003
611620402360.15 2004
640098950584.27 2005
671602801566.1 2006
707088345351.91 2007
718565855296.78 2008
720133298235.47 2009
751757410729.89 2010
773914661361.53 2011
786717017745.54 2012
800375408017.04 2013
816336909928.39 2014
834378936007.58 2015
856009213131.89 2016
879764075754.08 2017
907744160743.24 2018
926920584642.08 2019
882218654695.57 2020
913776312336.91 2021
951513752946.01 2022
Korea, Rep. | Households and NPISHs Final consumption expenditure, PPP (constant 2017 international $)
Household 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. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2017 international dollars using purchasing power parity rates. Statistical concept and methodology: For the concept and methodology of 2017 PPP, please refer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).
Publisher
The World Bank
Origin
Republic of Korea
Records
63
Source