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General Government Final Consumption Expenditure (As % of GDP) in South Korea

Source: World Bank
Last Updated: July 1, 2023

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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