In 2022, the household consumption expenditure per capita in South Korea amounted to approximately 15,766 U.S. dollars. Households in South Korea increased their consumption expenditure per capita within the observed period.
Household expenditure per capita in South Korea from 2008 to 2022
(in constant 2015 U.S. dollars)
Characteristic
Household consumption per capita in constant 2015 U.S. dollars
The source does not provide a date of publication. The date used here is the access date.
Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2015 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.
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World Bank. (December 12, 2023). Household expenditure per capita in South Korea from 2008 to 2022 (in constant 2015 U.S. dollars) [Graph]. In Statista. Retrieved December 02, 2024, from https://www.statista.com/statistics/1104037/south-korea-household-expenditure-per-capita/
World Bank. "Household expenditure per capita in South Korea from 2008 to 2022 (in constant 2015 U.S. dollars)." Chart. December 12, 2023. Statista. Accessed December 02, 2024. https://www.statista.com/statistics/1104037/south-korea-household-expenditure-per-capita/
World Bank. (2023). Household expenditure per capita in South Korea from 2008 to 2022 (in constant 2015 U.S. dollars). Statista. Statista Inc.. Accessed: December 02, 2024. https://www.statista.com/statistics/1104037/south-korea-household-expenditure-per-capita/
World Bank. "Household Expenditure per Capita in South Korea from 2008 to 2022 (in Constant 2015 U.S. Dollars)." Statista, Statista Inc., 12 Dec 2023, https://www.statista.com/statistics/1104037/south-korea-household-expenditure-per-capita/
World Bank, Household expenditure per capita in South Korea from 2008 to 2022 (in constant 2015 U.S. dollars) Statista, https://www.statista.com/statistics/1104037/south-korea-household-expenditure-per-capita/ (last visited December 02, 2024)
Household expenditure per capita in South Korea from 2008 to 2022 (in constant 2015 U.S. dollars) [Graph], World Bank, December 12, 2023. [Online]. Available: https://www.statista.com/statistics/1104037/south-korea-household-expenditure-per-capita/