Annual household final: Final consumption … non-durable Developer in Korea
Korea: Annual household final: Final consumption … non-durable Developer was 120.58 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
In 2024, annual household final consumption expenditure by purpose (coicop) in Korea stood at 120.58 Index. That is the highest value across all 55 years on record.
The figure is up 2.6% on the previous year and up 28.1% over ten years.
Over the whole period, annual household final consumption expenditure by purpose (coicop) in Korea peaked at 120.58 Index in 2024 and was at its lowest, 2.95 Index, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Annual household final: Final consumption … non-durable Developer in Korea, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 2.95 Index | — |
| 1971 | 3.46 Index | +17.3% |
| 1972 | 3.93 Index | +13.6% |
| 1973 | 4.43 Index | +12.7% |
| 1974 | 5.96 Index | +34.5% |
| 1975 | 7.54 Index | +26.5% |
| 1976 | 8.94 Index | +18.6% |
| 1977 | 10.32 Index | +15.4% |
| 1978 | 12.53 Index | +21.4% |
| 1979 | 14.67 Index | +17.1% |
| 1980 | 18.49 Index | +26.0% |
| 1981 | 22.4 Index | +21.1% |
| 1982 | 22.78 Index | +1.7% |
| 1983 | 22.57 Index | -0.9% |
| 1984 | 23.11 Index | +2.4% |
| 1985 | 23.79 Index | +2.9% |
| 1986 | 23.42 Index | -1.6% |
| 1987 | 23.94 Index | +2.2% |
| 1988 | 24.87 Index | +3.9% |
| 1989 | 25.92 Index | +4.2% |
| 1990 | 27.62 Index | +6.6% |
| 1991 | 29.63 Index | +7.3% |
| 1992 | 30.65 Index | +3.4% |
| 1993 | 31.93 Index | +4.2% |
| 1994 | 35.22 Index | +10.3% |
| 1995 | 37.24 Index | +5.7% |
| 1996 | 39.63 Index | +6.4% |
| 1997 | 42.79 Index | +8.0% |
| 1998 | 48.34 Index | +13.0% |
| 1999 | 51.75 Index | +7.1% |
| 2000 | 55.02 Index | +6.3% |
| 2001 | 57.84 Index | +5.1% |
| 2002 | 59.65 Index | +3.1% |
| 2003 | 62.6 Index | +4.9% |
| 2004 | 66.21 Index | +5.8% |
| 2005 | 69.34 Index | +4.7% |
| 2006 | 71.12 Index | +2.6% |
| 2007 | 72.72 Index | +2.2% |
| 2008 | 77.6 Index | +6.7% |
| 2009 | 79.87 Index | +2.9% |
| 2010 | 83.67 Index | +4.8% |
| 2011 | 89.21 Index | +6.6% |
| 2012 | 92.45 Index | +3.6% |
| 2013 | 93.39 Index | +1.0% |
| 2014 | 94.1 Index | +0.8% |
| 2015 | 94.6 Index | +0.5% |
| 2016 | 94.51 Index | -0.1% |
| 2017 | 96.38 Index | +2.0% |
| 2018 | 98.24 Index | +1.9% |
| 2019 | 98.12 Index | -0.1% |
| 2020 | 100 Index | +1.9% |
| 2021 | 104.14 Index | +4.1% |
| 2022 | 112.06 Index | +7.6% |
| 2023 | 117.5 Index | +4.9% |
| 2024 | 120.58 Index | +2.6% |
Biggest year-on-year movements
Years where Annual household final: Final consumption … non-durable Developer in Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +34.5% | 4.43 Index | 5.96 Index |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.47 Index | 2.95 Index | 14.67 Index | 10 |
| 1980s | 23.13 Index | 18.49 Index | 25.92 Index | 10 |
| 1990s | 37.48 Index | 27.62 Index | 51.75 Index | 10 |
| 2000s | 67.2 Index | 55.02 Index | 79.87 Index | 10 |
| 2010s | 93.47 Index | 83.67 Index | 98.24 Index | 10 |
| 2020s | 110.86 Index | 100 Index | 120.58 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 120.58 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 120.58 Index in 2024.
- What is the lowest annual household final consumption expenditure by purpose (coicop) recorded in Korea?
- The lowest recorded value was 2.95 Index in 1970.
- How does Korea rank for annual household final consumption expenditure by purpose (coicop)?
- Korea ranks 1st out of 1 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 28.1%. 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) (for 'Developer API') — Final consumption expenditure of non-durable goods. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This dataset provides the whole set of OECD annual households final consumption expenditure data (COICOP 2018) and is recommended for users who wish to query a large amount of data. It is not designed for visualising results using the Table and Chart buttons. To access the ‘Developer API query builder’, click on the ‘Developer API’ button above. The application programming interface (API), based on the SDMX standard, allows a developer to access the data using simple RESTful URL and HTTP header options for various choices of response formats including JSON. The query filter is generated according to the current data selection. To change the data selection, use the filters on the left. To get started check the API documentation .For any question contact us