Republic of Korea - General government final consumption expenditure in current prices

314,147,390,265 (US dollars) in 2022

In 2022, general government final consumption for Republic of Korea was 314,147 million US dollars. General government final consumption of Republic of Korea increased from 1,232 million US dollars in 1973 to 314,147 million US dollars in 2022 growing at an average annual rate of 12.72%.

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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?