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

Latest (2024)
113.13 Index
Change on year
up 1.9%
Rank
3rd
of 3 groups
All-time high
113.13 Index
in 2024
All-time low
3 Index
in 1970
Years of data
55
1970–2024

Annual household final consumption expenditure by purpose (COICOP) in Korea, 1970–2024

0255075100125197019972024

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.

The figure 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

DecadeAverage LowestHighest 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

  1. 1 Hungary 158.91 Index compare
  2. 2 Bulgaria 140.93 Index compare
  3. 3 Romania 138.68 Index compare
  4. 4 Czechia 138.5 Index compare
  5. 5 Austria 126.94 Index compare
  6. 6 Belgium 125.68 Index compare

See the full ranking of 31 places →

More population data for Korea

All data for Korea →

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) (for 'Developer API') — Final consumption expenditure of residents and non-residents on the territory. Statizoid updates them automatically from the source API.

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Annual household final consumption expenditure by purpose (COICOP) in Korea. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 21 August 2026, from https://population.statizoid.com/stat/annual-household-final-consumption-expenditure-by-purpose-coicop-2018-for-developer-api-5/korea/

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<a href="https://population.statizoid.com/stat/annual-household-final-consumption-expenditure-by-purpose-coicop-2018-for-developer-api-5/korea/">Annual household final consumption expenditure by purpose (COICOP) in Korea</a> — Statizoid

About this data

Indicator
Annual household final consumption expenditure by purpose (COICOP 2018) (for 'Developer API') — Final consumption expenditure of residents and non-residents on the territory
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
31 places, 1,062 data points, 1959–2025
Last refreshed

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