{"version":1,"asset_type":"statistical_series","data_type":"time_series","slug":"kr-health-expenditure-gdp","url":"https://apiardata.com/statistics/kr-health-expenditure-gdp","html_url":"https://apiardata.com/statistics/kr-health-expenditure-gdp/","title":"South Korea Health Expenditure (% GDP) (2024)","description":"South Korea's Health Expenditure (% GDP): 8.7 % of GDP in 2024, +0.1pp YoY. World Bank (SH.XPD.CHEX.GD.ZS), 2000–2024.","domain":"health","category":"Health","keywords":["Health & Wellbeing","World Bank","South Korea","2024"],"publisher":"World Bank","frequency":"Annual","geography":"South Korea","temporal_coverage":"2000/2024","unit":"% of GDP","last_updated":"2026-07-25","last_updated_text":"25 July 2026","data_as_of":"2024","variable_measured":"South Korea Health Expenditure (% GDP)","license":"https://apiardata.com/data-license","is_accessible_for_free":true,"sources":[{"name":"World Bank","url":"https://data.worldbank.org/indicator/SH.XPD.CHEX.GD.ZS?locations=KR"}],"meta":[{"label":"Frequency","value":"Annual"},{"label":"Coverage","value":"2000–2024"},{"label":"Observations","value":"25"},{"label":"Geography","value":"South Korea"},{"label":"Last updated","value":"25 July 2026"}],"kpis":[{"label":"South Korea (2024)","value":"8.7","unit":"% of GDP","trend":{"direction":"up","value":"+0.1pp YoY"}},{"label":"YoY Change","value":"+0.1pp","unit":"percentage points"},{"label":"Trend","value":"up","unit":""},{"label":"Series length","value":"25","unit":"years of data"}],"series":[{"key":"value","label":"South Korea Health Expenditure (% GDP)"}],"observation_count":25,"observations":[{"period":"2000","value":3.71794796},{"period":"2001","value":4.16983986},{"period":"2002","value":3.90854764},{"period":"2003","value":4.46640348},{"period":"2004","value":4.43287992},{"period":"2005","value":4.65223551},{"period":"2006","value":4.95851803},{"period":"2007","value":4.95834208},{"period":"2008","value":5.24642324},{"period":"2009","value":5.68525076},{"period":"2010","value":5.79390717},{"period":"2011","value":5.90292883},{"period":"2012","value":5.9576025},{"period":"2013","value":6.06858635},{"period":"2014","value":6.24487352},{"period":"2015","value":6.46202612},{"period":"2016","value":6.6356945},{"period":"2017","value":6.79827499},{"period":"2018","value":7.14222002},{"period":"2019","value":7.69397116},{"period":"2020","value":8.02722836},{"period":"2021","value":8.34412766},{"period":"2022","value":8.8595314},{"period":"2023","value":8.5650692},{"period":"2024","value":8.67656994}],"table":{"columns":[{"key":"year","label":"Year"},{"key":"value","label":"% of GDP"},{"key":"yoyChange","label":"YoY Change"}],"rows":[{"year":"2024","value":"8.7","yoyChange":"+0.1pp"},{"year":"2023","value":"8.6","yoyChange":"-0.3pp"},{"year":"2022","value":"8.9","yoyChange":"+0.6pp"},{"year":"2021","value":"8.3","yoyChange":"+0.3pp"},{"year":"2020","value":"8.0","yoyChange":"+0.3pp"},{"year":"2019","value":"7.7","yoyChange":"+0.6pp"},{"year":"2018","value":"7.1","yoyChange":"+0.3pp"},{"year":"2017","value":"6.8","yoyChange":"+0.2pp"},{"year":"2016","value":"6.6","yoyChange":"+0.1pp"},{"year":"2015","value":"6.5","yoyChange":"+0.3pp"},{"year":"2014","value":"6.2","yoyChange":"+0.1pp"},{"year":"2013","value":"6.1","yoyChange":"+0.1pp"},{"year":"2012","value":"6.0","yoyChange":"+0.1pp"},{"year":"2011","value":"5.9","yoyChange":"+0.1pp"},{"year":"2010","value":"5.8","yoyChange":"+0.1pp"},{"year":"2009","value":"5.7","yoyChange":"+0.5pp"},{"year":"2008","value":"5.2","yoyChange":"+0.2pp"},{"year":"2007","value":"5.0","yoyChange":"unchanged"},{"year":"2006","value":"5.0","yoyChange":"+0.3pp"},{"year":"2005","value":"4.7","yoyChange":"+0.2pp"}]},"qa":[{"question":"What does this indicator measure?","answer":"This page tracks total current health expenditure as a share of GDP in South Korea from 2000 to present — the primary measure of public + private health-system spending intensity. It is published by World Bank and updated annually."},{"question":"How current is this data?","answer":"The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 2000–2024 (25 observations)."},{"question":"What is the long-term trend?","answer":"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 change of +0.1pp."}]}