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South Korea GDP consumption % 2026: Interactive Chart & Historical Data

GDP consumption % in South Korea stood at 65.67% in 2025, according to World Bank. The latest value is down 0.3 percentage points from 65.97% in 2024. Ten years earlier, in 2015, the value was 64.14% (up 1.53 percentage points since). The highest value since 1960 was 99.04% in 1960, the lowest 58.31% in 1988. South Korea ranked 144th highest of the 170 countries in this dataset in 2024; Kiribati ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
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What is GDP consumption %?

GDP consumption %, measured in %, measures the total economic output of South Korea. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In South Korea, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest GDP consumption % in South Korea?

GDP consumption % in South Korea stood at 65.67% in 2025, according to World Bank.

Is GDP consumption % in South Korea rising or falling?

The latest value is down 0.3 percentage points from 65.97% in 2024. Ten years earlier, in 2015, the value was 64.14% (up 1.53 percentage points since).

How does South Korea rank for GDP consumption %?

South Korea ranked 144th highest of the 170 countries in this dataset in 2024; Kiribati ranked first.

What is the highest GDP consumption % on record in South Korea?

The highest value since 1960 was 99.04% in 1960, the lowest 58.31% in 1988.

Metadata for GDP consumption % in South Korea
IndicatorGDP consumption %
CountrySouth Korea
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 65.67% (2025)

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Source:World Bank — series NE.CON.TOTL.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). GDP consumption % — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/gdp-consumption-percent/KOR. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS?locations=KR

MLA

World Bank. "GDP consumption % — South Korea." EconDash, 2026, https://econdash.org/chart/gdp-consumption-percent/KOR. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS?locations=KR.

Chicago

World Bank. 2026. "GDP consumption % — South Korea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/gdp-consumption-percent/KOR. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS?locations=KR.

BibTeX
@misc{econdash_gdp_consumption_percent_kor,
  author = {{World Bank}},
  title = {{GDP consumption \% --- South Korea}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/gdp-consumption-percent/KOR},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NE.CON.TOTL.ZS?locations=KR}
}