General government final consumption expenditure as a share of gdp reached 18.2% in 2021 in South Korea, according to the National Statistical Office. This is 0.670% more than in the previous year.
Historically, general government final consumption expenditure as a share of GDP in South Korea reached an all time high of 18.2% in 2021 and an all time low of 8.21% in 1964.
South Korea has been ranked 63rd within the group of 151 countries we follow in terms of general government final consumption expenditure as a share of GDP.
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