South Korea (2024)
8.7
% of GDP
+0.1pp YoY
YoY Change
+0.1pp
percentage points
Trend
up
Series length
25
years of data

Data

Year% of GDPYoY Change
20248.7+0.1pp
20238.6-0.3pp
20228.9+0.5pp
20218.3+0.3pp
20208+0.3pp
20197.7+0.6pp
20187.1+0.3pp
20176.8+0.2pp
20166.6+0.2pp
20156.5+0.2pp
20146.2+0.2pp
20136.1+0.1pp
20126+0.1pp
20115.9+0.1pp
20105.8+0.1pp
20095.7+0.4pp
20085.2+0.3pp
20075-0pp
20065+0.3pp
20054.7n/a

About this Dataset

South Korea recorded 8.7 % of GDP in 2024. The most recent year-on-year change was +0.1pp. The historical series (2000–2024) shows a peak of 8.9 in 2022 and a trough of 3.7 in 2000.

Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.

The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.

Frequently Asked Questions

This indicator tracks south korea health expenditure (% gdp) in South Korea, published by World Bank. Data covers 2000–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Updated annual.
The series peaked at 8.9 % of GDP in 2022 and reached its lowest recorded value of 3.7 in 2000. The latest reading of 8.7 in 2024 represents a year-on-year change of +0.1pp.