Korea - Gross national expenditure (% of GDP)

Gross national expenditure (% of GDP) in Korea was 96.34 as of 2020. Its highest value over the past 60 years was 112.69 in 1968, while its lowest value was 89.50 in 1998.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 109.89
1961 109.83
1962 110.76
1963 109.91
1964 106.39
1965 107.16
1966 109.97
1967 111.23
1968 112.69
1969 112.06
1970 109.95
1971 110.56
1972 104.70
1973 103.62
1974 111.07
1975 108.72
1976 102.81
1977 101.85
1978 104.09
1979 107.30
1980 108.66
1981 107.01
1982 105.33
1983 102.05
1984 99.40
1985 98.83
1986 96.13
1987 93.33
1988 93.61
1989 98.07
1990 100.76
1991 102.32
1992 100.73
1993 99.52
1994 100.54
1995 100.95
1996 103.06
1997 100.80
1998 89.50
1999 94.70
2000 98.29
2001 98.76
2002 98.93
2003 98.50
2004 96.53
2005 97.69
2006 99.39
2007 99.02
2008 100.25
2009 95.73
2010 97.19
2011 98.89
2012 97.27
2013 95.37
2014 94.95
2015 93.15
2016 93.34
2017 95.25
2018 95.56
2019 97.21
2020 96.34

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts