In 2021, South Korea devoted around five percent of its gross domestic product (GDP) to public expenditure on healthcare. Its spending on old-age benefits, which include pensions, early retirement pensions, home help, and residential services for the elderly, came in second. Except for unemployment and other social policy areas, South Korea's spending on social programs was lower than the average of the Organization for Economic Co-operation and Development (OECD).
Public social spending as a share of gross domestic product (GDP) in South Korea in 2021, by sector
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
OECD. (May 2, 2024). Public social spending as a share of gross domestic product (GDP) in South Korea in 2021, by sector [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1464484/south-korea-social-spending-as-gdp-share-by-sector/
OECD. "Public social spending as a share of gross domestic product (GDP) in South Korea in 2021, by sector." Chart. May 2, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1464484/south-korea-social-spending-as-gdp-share-by-sector/
OECD. (2024). Public social spending as a share of gross domestic product (GDP) in South Korea in 2021, by sector. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1464484/south-korea-social-spending-as-gdp-share-by-sector/
OECD. "Public Social Spending as a Share of Gross Domestic Product (Gdp) in South Korea in 2021, by Sector." Statista, Statista Inc., 2 May 2024, https://www.statista.com/statistics/1464484/south-korea-social-spending-as-gdp-share-by-sector/
OECD, Public social spending as a share of gross domestic product (GDP) in South Korea in 2021, by sector Statista, https://www.statista.com/statistics/1464484/south-korea-social-spending-as-gdp-share-by-sector/ (last visited November 22, 2024)
Public social spending as a share of gross domestic product (GDP) in South Korea in 2021, by sector [Graph], OECD, May 2, 2024. [Online]. Available: https://www.statista.com/statistics/1464484/south-korea-social-spending-as-gdp-share-by-sector/
