South Korea Health Expenditure
8.7%▲ +0.11 pt
Dec 2024 · Annual
Korea's health expenditure accounted for 8.68% of GDP in 2024, up from 8.57% in the prior year. The reading remains below the all-time high of 8.86% recorded in 2022 but well above the series low of 3.72% in 2000. Data are available from 2000 onwards.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 8.7% | 8.6% | 8.9%Dec 2022 | 3.7%Dec 2000 | 2000 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Life Expectancy | 83.63 years | 83.43 years | 83.63 years | 53.80 years | Dec 2024 | Annual |
| Hospital Beds | 12.81 per 1,000 people | 12.75 per 1,000 people | 12.81 per 1,000 people | 1.70 per 1,000 people | Dec 2022 | Annual |
About this series
Health Expenditure in South Korea averaged 6.1% from 2000 until 2024, reaching an all-time high of 8.9% in Dec 2022 and a record low of 3.7% in Dec 2000. The series is reported yearly with history from 2000.
Health expenditure as a share of GDP measures total spending on health care relative to the size of the economy. The indicator is reported as a percentage of GDP on an annual frequency. The series for Korea spans from 2000 to 2024, covering more than two decades of comparable data.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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