South Korea Real Consumption Expenditures Growth Rate, Year-over-Year
1971–2024
- South Korea Real GDP increased 1.0% year-over-year in Q1 2024, following an increase of 0.8% in the previous quarter.
- South Korea Real Consumption Expenditures Growth Rate, Year-over-Year averaged 5.2% from Q1 1971 to Q1 2024, reaching an all time high of 14.9% in Q4 1999 and a record low of -13.8% in Q2 1998.
Source: Bank of Korea
Related Indicators
Name | Reference | Last | Previous | Unit |
---|---|---|---|---|
Real GDP Growth Rate, Quarter-over-Quarter | Q1 2024 | 5.2 | 2.5 | percent |
Real GDP Growth Rate, Year-over-Year | Q1 2024 | 3.2 | 2.2 | percent |
Nominal GDP, National Currency | Q4 2023 | 2,291,701 | 2,255,649 | billion |
Nominal GDP, USD | Q4 2023 | 1,736 | 1,717 | billion (USD) |
Real Consumption Expenditures Growth Rate, Quarter-over-Quarter | Q1 2024 | 3.0 | 0.8 | percent |
Real Consumption Expenditures Growth Rate, Year-over-Year | Q1 2024 | 1.0 | 0.8 | percent |
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