Annual household final consumption expenditure on the territory and in Korea
Korea: Annual household final consumption expenditure on the territory and was 112.53 Index in 2024. ◆ Volatile
Annual household final consumption expenditure on the territory and 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 on the territory and in Korea is 112.53 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 19.9% over ten years.
Over the whole period, annual household final consumption expenditure on the territory and 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.
Annual household final consumption expenditure on the territory and in Korea, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 5.06 Index | — |
| 1971 | 5.59 Index | +10.5% |
| 1972 | 6.15 Index | +10.0% |
| 1973 | 6.28 Index | +2.1% |
| 1974 | 7.51 Index | +19.6% |
| 1975 | 9.43 Index | +25.6% |
| 1976 | 10.94 Index | +16.0% |
| 1977 | 12.01 Index | +9.8% |
| 1978 | 13.72 Index | +14.2% |
| 1979 | 16.13 Index | +17.6% |
| 1980 | 21.17 Index | +31.2% |
| 1981 | 25.37 Index | +19.8% |
| 1982 | 27.18 Index | +7.1% |
| 1983 | 28.11 Index | +3.4% |
| 1984 | 28.76 Index | +2.3% |
| 1985 | 29.5 Index | +2.6% |
| 1986 | 30.27 Index | +2.6% |
| 1987 | 31.24 Index | +3.2% |
| 1988 | 33.43 Index | +7.0% |
| 1989 | 35.33 Index | +5.7% |
| 1990 | 38.38 Index | +8.6% |
| 1991 | 41.99 Index | +9.4% |
| 1992 | 44.55 Index | +6.1% |
| 1993 | 46.75 Index | +4.9% |
| 1994 | 49.66 Index | +6.2% |
| 1995 | 51.82 Index | +4.3% |
| 1996 | 54.37 Index | +4.9% |
| 1997 | 57.11 Index | +5.0% |
| 1998 | 61.02 Index | +6.8% |
| 1999 | 61.5 Index | +0.8% |
| 2000 | 63 Index | +2.4% |
| 2001 | 65.49 Index | +4.0% |
| 2002 | 67.22 Index | +2.6% |
| 2003 | 69.73 Index | +3.7% |
| 2004 | 72.14 Index | +3.5% |
| 2005 | 74.15 Index | +2.8% |
| 2006 | 75.79 Index | +2.2% |
| 2007 | 77.76 Index | +2.6% |
| 2008 | 81.7 Index | +5.1% |
| 2009 | 83.47 Index | +2.2% |
| 2010 | 86.15 Index | +3.2% |
| 2011 | 89.73 Index | +4.2% |
| 2012 | 91.46 Index | +1.9% |
| 2013 | 92.66 Index | +1.3% |
| 2014 | 93.84 Index | +1.3% |
| 2015 | 94.54 Index | +0.7% |
| 2016 | 96.04 Index | +1.6% |
| 2017 | 97.48 Index | +1.5% |
| 2018 | 98.61 Index | +1.2% |
| 2019 | 99.49 Index | +0.9% |
| 2020 | 100 Index | +0.5% |
| 2021 | 101.99 Index | +2.0% |
| 2022 | 106.46 Index | +4.4% |
| 2023 | 110.47 Index | +3.8% |
| 2024 | 112.53 Index | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | 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 Bulgaria 167.62 Index compare
- 1 Poland 133.3 Index compare
- 2 Latvia 130.31 Index compare
- 2 Hungary 151.38 Index compare
- 2 Croatia 121.35 Index compare
- 3 Czechia 143.5 Index compare
- 3 Netherlands 126.9 Index compare
- 4 Austria 133.69 Index compare
- 4 Estonia 125.83 Index compare
- 5 Sweden 130.26 Index compare
- 5 Slovenia 125.69 Index compare
- 6 Portugal 128.12 Index compare
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 on the territory and in Korea?
- Annual household final consumption expenditure on the territory and 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 on the territory and recorded in Korea?
- The highest recorded value was 112.53 Index in 2024.
- What is the lowest annual household final consumption expenditure on the territory and recorded in Korea?
- The lowest recorded value was 5.06 Index in 1970.
- How does Korea rank for annual household final consumption expenditure on the territory and?
- Korea ranks 3rd out of 3 groups with data for 2024.
- Is annual household final consumption expenditure on the territory and 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 on the territory and abroad (COICOP 2018) — Domestic purchases by non-residents. Statizoid updates them automatically from the source API.
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About this data
This table presents the final consumption expenditure of households broken down by where it takes place. It looks at residents’ purchases abroad and non-residents’ purchases in the domestic economy; and it presents totals for all consumption by the country’s residents (whether at home or abroad) and all consumption at home, whether by residents or non-residents. 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. These indicators were presented in the previous dissemination system in the SNA_TABLE5 dataset. 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