South Korea - Real Government Consumption





South Korea: Real Government Consumption

Mnemonic G$.IKOR
Unit Bil. Ch. 2015 KRW, SA
Adjustments Seasonally Adjusted
Quarterly 0.7 %
Data 2022 Q2 87,332
2022 Q1 86,723

Series Information

Source The Bank of Korea
Release GDP
Frequency Quarterly
Start Date 3/31/1960
End Date 6/30/2022

South Korea: GDP

Reference Last Previous Units Frequency
Government Consumption 2022 Q2 99,657 98,534 Bil. KRW, SA Quarterly
Investment 2022 Q2 176,204 164,748 Bil. KRW, SA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2022 Q2 168,555 164,613 Bil. KRW, SA Quarterly
Nominal Gross Domestic Product 2022 Q2 540,784 532,765 Bil. KRW, SA Quarterly
Private Consumption 2022 Q2 259,191 247,665 Bil. KRW, SA Quarterly
Real Fixed Investment (gross fixed capital formation) 2022 Q2 139,806 139,446 Bil. Ch. 2015 KRW, SA Quarterly
Real Government Consumption 2022 Q2 87,332 86,723 Bil. Ch. 2015 KRW, SA Quarterly
Real Gross Domestic Product 2022 Q2 491,931 488,321 Bil. Ch. 2015 KRW, SA Quarterly
Real Investment 2022 Q2 141,160 139,961 Bil. Ch. 2015 KRW, SA Quarterly
Real Private Consumption 2022 Q2 230,225 223,795 Bil. Ch. 2015 KRW, SA Quarterly

Release Information

Quarterly national accounts for South Korea, including GDP(E) with GFCF and private consumption detail, and GDP(O) with KSIC industry detail. Also annual GDP(I).

  • National accounts framework: UN SNA 2008
  • Industrial classification: KSIC Rev. 10
  • Measurements:
    • Billions of Korean won at chained 2015 prices (Bil. Ch. 2015 KRW)
    • At current prices (Bil. KRW)
    • Associated deflators
  • Adjustments:
    • Original (NSA)
    • Seasonally adjusted (SA)
  • Native frequency: Quarterly
  • Start date: 1960Q1

Source documents:

  • Gross capital formation by type of capital goods: Tables 10.6.1.1, 10.6.1.2, 10.6.1.3, 10.6.1.4
  • Gross capital formation by sectors: Tables 10.6.2.1, 10.6.2.2
  • Gross fixed capital formation by sectors: Tables 10.6.2.3, 10.6.2.4

The tables for detailed GCF and GFCF are published later than those for the main GDP(E) components.

The data are provisional when first released. The “advance” estimates are replaced with “preliminary” estimates which are subject to revision until “final” estimates are announced.