South Korea Private Consumption: % of GDP

Key information about South Korea Private Consumption: % of GDP

• South Korea Private Consumption accounted for 44.6 % of its Nominal GDP in Mar 2026, compared with a ratio of 46.7 % in the previous quarter.
• South Korea Private Consumption contribution to Nominal GDP ratio is updated quarterly, available from Mar 1960 to Mar 2026, with an average share of 55.1 %.
• The data reached an all-time high of 116.1 % in Mar 1964 and a record low of 44.6 % in Mar 2026.

CEIC calculates Private Consumption as % of Nominal GDP from quarterly Private Consumption Expenditure and quarterly Nominal GDP. The Bank of Korea provides Private Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about South Korea Private Consumption: % of GDP

• In the latest reports, South Korea GDP expanded 1.7 % YoY in Sep 2025.
• Its Nominal GDP reached 471.9 USD bn in Jun 2025.
• South Korea GDP Per Capita reached 36,414.0 USD in Dec 2025.
• Its Gross Savings Rate was measured at 35.2 % in Jun 2025.

View South Korea's Private Consumption: % of GDP from Mar 1960 to Mar 2026 in the chart:

What was South Korea's Private Consumption: % of GDP in Mar 2026?

South Korea Private Consumption accounted for 44.6 % of its Nominal GDP in Mar 2026, compared with a ratio of 46.7 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
44.6 Mar 2026	46.7 Dec 2025	44.6 Mar 2026	116.1 Mar 1964	%	quarterly	Mar 1960 - Mar 2026

Private Consumption: % of GDP by Country Comparison

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