South Korea - Real Private Consumption





South Korea: Real Private Consumption

Mnemonic C$.IKOR
Unit Bil. Ch. 2015 KRW, SA
Adjustments Seasonally Adjusted
Quarterly 0.79 %
Data 2024 Q1 236,013
2023 Q4 234,160

Series Information

Source The Bank of Korea
Release GDP
Frequency Quarterly
Start Date 3/31/1960
End Date 3/31/2024

South Korea: GDP

Reference Last Previous Units Frequency
Real Fixed Investment (gross fixed capital formation) 2024 Q1 145,818 143,691 Bil. Ch. 2015 KRW, SA Quarterly
Real Government Consumption 2024 Q1 89,416 88,778 Bil. Ch. 2015 KRW, SA Quarterly
Real Gross Domestic Product 2024 Q1 509,845 503,403 Bil. Ch. 2015 KRW, SA Quarterly
Real Investment 2024 Q1 144,304 143,347 Bil. Ch. 2015 KRW, SA Quarterly
Real Private Consumption 2024 Q1 236,013 234,160 Bil. Ch. 2015 KRW, SA Quarterly
Government Consumption 2023 Q4 105,891 105,722 Bil. KRW, SA Quarterly
Investment 2023 Q4 178,459 177,255 Bil. KRW, SA Quarterly
Nominal Fixed Investment (gross fixed capital formation) 2023 Q4 179,432 182,335 Bil. KRW, SA Quarterly
Nominal Gross Domestic Product 2023 Q4 572,925 563,912 Bil. KRW, SA Quarterly
Private Consumption 2023 Q4 277,985 274,779 Bil. 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.