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Economy > Spending > Final consumption expenditure Stats: compare key data on South Korea & United Kingdom

Definitions

  • Constant 2000 US$: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars.
  • Constant 2000 US$ per capita: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Constant 2000 US$, % of GDP: Final consumption expenditure (constant 2000 US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2005 U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Constant LCU: Final consumption expenditure (constant LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.
  • Constant LCU per capita: Final consumption expenditure (constant LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency. Figures expressed per capita for the same year.
  • Current LCU: Final consumption expenditure (current LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
  • Current LCU per capita: Final consumption expenditure (current LCU). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency. Figures expressed per capita for the same year.
  • Current US$: Final consumption expenditure (current US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.
  • Current US$ per capita: Final consumption expenditure (current US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Current US$, % of GDP: Final consumption expenditure (current US$). Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
STAT South Korea United Kingdom HISTORY
Constant 2000 US$ $708.76 billion
Ranked 15th.
$2.05 trillion
Ranked 6th. 3 times more than South Korea

Constant 2000 US$ per capita $14,174.04
Ranked 32nd.
$32,457.98
Ranked 8th. 2 times more than South Korea

Constant 2000 US$, % of GDP 62.74%
Ranked 42nd.
84.27%
Ranked 7th. 34% more than South Korea

Constant LCU 725.85 trillion
Ranked 3rd. 643 times more than United Kingdom
1.13 trillion
Ranked 42nd.

Constant LCU per capita 14.52 million
Ranked 2nd. 813 times more than United Kingdom
17,851.83
Ranked 68th.

Current LCU 882.23 trillion
Ranked 3rd. 643 times more than United Kingdom
1.37 trillion
Ranked 49th.

Current LCU per capita 17.64 million
Ranked 3rd. 814 times more than United Kingdom
21,684.35
Ranked 87th.

Current US$ $783.18 billion
Ranked 15th.
$2.17 trillion
Ranked 5th. 3 times more than South Korea

Current US$ per capita $15,662.40
Ranked 28th.
$34,256.48
Ranked 12th. 2 times more than South Korea

Current US$, % of GDP 69.33%
Ranked 100th.
88.94%
Ranked 36th. 28% more than South Korea

SOURCES: World Bank national accounts data; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank national accounts data. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.

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