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South Korea Goods and services expense (current LCU) 2026: Interactive Chart & Historical Data

Goods and services expense (current LCU) in South Korea stood at 82.27 trillion in 2024, according to World Bank. The latest value is down 3.4% from 85.19 trillion in 2023. Ten years earlier, in 2014, the value was 49.29 trillion (up 67% since). The highest value since 1972 was 85.19 trillion in 2023, the lowest 163 billion in 1972. South Korea had the highest value of the 109 countries in this dataset in 2023.

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

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Goods and services expense (current LCU) in South Korea?

Goods and services expense (current LCU) in South Korea stood at 82.27 trillion in 2024, according to World Bank.

Is Goods and services expense (current LCU) in South Korea rising or falling?

The latest value is down 3.4% from 85.19 trillion in 2023. Ten years earlier, in 2014, the value was 49.29 trillion (up 67% since).

How does South Korea rank for Goods and services expense (current LCU)?

South Korea had the highest value of the 109 countries in this dataset in 2023.

What is the highest Goods and services expense (current LCU) on record in South Korea?

The highest value since 1972 was 85.19 trillion in 2023, the lowest 163 billion in 1972.

Metadata for Goods and services expense (current LCU) in South Korea
IndicatorGoods and services expense (current LCU)
CountrySouth Korea
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.XPN.GSRV.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Goods and services expense (current LCU) — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/KOR. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=KR

MLA

World Bank. "Goods and services expense (current LCU) — South Korea." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/KOR. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=KR.

Chicago

World Bank. 2026. "Goods and services expense (current LCU) — South Korea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/KOR. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=KR.

BibTeX
@misc{econdash_wdi_gc_xpn_gsrv_cn_kor,
  author = {{World Bank}},
  title = {{Goods and services expense (current LCU) --- South Korea}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/KOR},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN?locations=KR}
}