Republic of Korea - General government final consumption expenditure in % of GDP

15.3 (%) in 2017

In 2017, general government final consumption for Republic of Korea was 15.3 %. General government final consumption of Republic of Korea increased from 11.8 % in 1998 to 15.3 % in 2017 growing at an average annual rate of 1.41%.

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What is general government final consumption?

Government final consumption expenditure consists of expenditure, including imputed expenditure, incurred by general government on both individual consumption goods and services and collective consumption services.

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What is Republic of Korea general government final consumption?