Annual household final consumption expenditure by purpose (COICOP) in Korea
Korea: Annual household final consumption expenditure by purpose (COICOP) was 113.13 Index in 2024. ◆ Volatile
Annual household final consumption expenditure by purpose (COICOP) in Korea, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
The most recent figure for annual household final consumption expenditure by purpose (coicop) in Korea is 113.13 Index, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 1.9% on the previous year and up 21.8% over ten years.
Over the whole period, annual household final consumption expenditure by purpose (coicop) in Korea peaked at 113.13 Index in 2024 and was at its lowest, 3 Index, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.33 Index | 3 Index | 14.52 Index | 10 |
| 1980s | 25.1 Index | 18.61 Index | 30.54 Index | 10 |
| 1990s | 47.86 Index | 33.3 Index | 60.91 Index | 10 |
| 2000s | 73.69 Index | 63.87 Index | 82.95 Index | 10 |
| 2010s | 93.17 Index | 85.22 Index | 99.02 Index | 10 |
| 2020s | 106.77 Index | 100 Index | 113.13 Index | 5 |
Countries ranked near Korea
More population data for Korea
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.199 Percent per annum (2030)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 45,771 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates -0.1991 % change on previous year (2030)
- Annual Purchasing Power Parities and exchange rates — Purchasing 880.12 National currency per US dollar (2025)
- Population projections 37.18 million Persons (2070)
- Historical population data 51.68 million Persons (2025)
- Population by 5-year age groups - Regions 51.22 million Persons (2024)
- Population density - Regions 51.22 million Persons (2024)
- Population by broad age groups - Regions 51.22 million Persons (2024)
- NAAG Chapter 6: Government — Social benefits and social transfers in 12.51 Percentage of GDP (2024)
Frequently asked questions
- What is annual household final consumption expenditure by purpose (coicop) in Korea?
- Annual household final consumption expenditure by purpose (coicop) in Korea was 113.13 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual household final consumption expenditure by purpose (coicop) recorded in Korea?
- The highest recorded value was 113.13 Index in 2024.
- What is the lowest annual household final consumption expenditure by purpose (coicop) recorded in Korea?
- The lowest recorded value was 3 Index in 1970.
- How does Korea rank for annual household final consumption expenditure by purpose (coicop)?
- Korea ranks 3rd out of 3 groups with data for 2024.
- Is annual household final consumption expenditure by purpose (coicop) rising or falling in Korea?
- Over the last ten years it is up 21.8%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual household final consumption expenditure by purpose (COICOP 2018) — Final consumption expenditure of residents and non-residents on the territory. Statizoid updates them automatically from the source API.
Download this data
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About this data
This table presents the final consumption expenditure of households broken down by the Classification of Individual Consumption According to Purpose (COICOP 2018). The totals are for all final consumption expenditure in the domestic economy, whether by residents or non-residents. For countries for which data on Annual household final consumption expenditure by purpose are not yet available according to the COICOP 2018 classification, statistics can be found in this dataset:Annual household final consumption expenditure by purpose (COICOP) The COICOP provides detailed breakdowns, so the presentation is on a country-by-country basis and users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. However, it is also possible to select a small number of expenditure categories in the ‘Expenditure’ filter to compare results for several countries. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. The information is presented in current prices, but users can select chain linked volumes and previous year prices using the ‘Price base’ filter. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org