Household consumption expenditure includes consumer spending on products and services for food and drinks, housing, education, health, transport, communication, and others.
1,000 South Korean won equals 0.69 U.S. dollars or 0.65 euros as of March 2025.Â
Values have been rounded.
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Annual household expenditure South Korea 2016-2023
In 2023, the average annual household expenditure in South Korea amounted to approximately **** million South Korean won, a slight increase from about **** million won in the previous year. The annual household expenditure has been steadily increasing over the past few years.
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KOSIS. (December 9, 2024). Average annual household expenditure in South Korea from 2016 to 2023 (in million South Korean won) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 29, 2026, from /statistics/995777/south-korea-annual-household-consumption-expenditure/
KOSIS. "Average annual household expenditure in South Korea from 2016 to 2023 (in million South Korean won)." Chart. December 9, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 29, 2026. /statistics/995777/south-korea-annual-household-consumption-expenditure/
KOSIS. (2024). Average annual household expenditure in South Korea from 2016 to 2023 (in million South Korean won). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 29, 2026. /statistics/995777/south-korea-annual-household-consumption-expenditure/
KOSIS. "Average Annual Household Expenditure in South Korea from 2016 to 2023 (in Million South Korean Won)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 9 Dec 2024, /statistics/995777/south-korea-annual-household-consumption-expenditure/
KOSIS, Average annual household expenditure in South Korea from 2016 to 2023 (in million South Korean won) ÌÇÐÄÆƽâ°æ, /statistics/995777/south-korea-annual-household-consumption-expenditure/ (last visited July 29, 2026)
Average annual household expenditure in South Korea from 2016 to 2023 (in million South Korean won) [Graph], KOSIS, December 9, 2024. [Online]. Available: /statistics/995777/south-korea-annual-household-consumption-expenditure/
