Annual household final consumption expenditure by purpose (COICOP) in Korea

Korea: Annual household final consumption expenditure by purpose (COICOP) was 112.53 Index in 2024. ◆ Volatile

Latest (2024)
112.53 Index
Change on year
up 1.9%
Rank
3rd
of 3 groups
All-time high
112.53 Index
in 2024
All-time low
5.06 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 112.53 Index, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 1.9% on the previous year and up 19.9% over ten years.

Over the whole period, annual household final consumption expenditure by purpose (coicop) in Korea peaked at 112.53 Index in 2024 and was at its lowest, 5.06 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 9.28 Index 5.06 Index 16.13 Index 10
1980s 29.04 Index 21.17 Index 35.33 Index 10
1990s 50.71 Index 38.38 Index 61.5 Index 10
2000s 73.05 Index 63 Index 83.47 Index 10
2010s 94 Index 86.15 Index 99.49 Index 10
2020s 106.29 Index 100 Index 112.53 Index 5

Countries ranked near Korea

  1. 1 Bulgaria 167.62 Index compare
  2. 2 Hungary 151.38 Index compare
  3. 3 Czechia 143.5 Index compare
  4. 4 Austria 133.69 Index compare
  5. 5 Sweden 130.26 Index compare
  6. 6 Portugal 128.12 Index compare

See the full ranking of 27 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 112.53 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 112.53 Index in 2024.
What is the lowest annual household final consumption expenditure by purpose (coicop) recorded in Korea?
The lowest recorded value was 5.06 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 19.9%. 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') — Domestic purchases by non-residents. 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-8/korea/

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<a href="https://population.statizoid.com/stat/annual-household-final-consumption-expenditure-by-purpose-coicop-2018-for-developer-api-8/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') — Domestic purchases by non-residents
Unit
Index
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
27 places, 913 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