South Korea - Household final consumption expenditure (current US$)

Household final consumption expenditure (current US$) in South Korea was at 681789936415 USD in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 south korea household final consumption expenditure us dollar wb data




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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 in current U.S. dollars.


South Korea | Economy & Growth

GDP (current US$)
1377873107856 USD
GDP (current LCU)
1.5585915E+15 LCU
GDP (constant 2000 US$)
1266580310209 USD
GDP (constant LCU)
1.4642441E+15 LCU
Gross domestic income (constant LCU)
1.51336369796188E+15 LCU
GNI (current US$)
1384259486411 USD
GNI (current LCU)
1.5658155E+15 LCU
GNI (constant 2000 US$)
1272539650337 USD
GNI (constant LCU)
1.4711334607085E+15 LCU
Gross savings (current US$)
489824850767 USD
Gross savings (current LCU)
554069053631000 LCU
Gross national income (constant LCU)
1.37359356648895E+15 LCU