Korea vs Latin America & the Caribbean (IDA & IBRD countries): Out-of-pocket expenditure per capita
Korea
1,058 current US$
in 2024
Latin America & the Caribbean (IDA & IBRD countries)
242.04 current US$
in 2023
Korea rank
10th
Latin America & the Caribbean (IDA & IBRD countries) rank
13th
Out-of-pocket expenditure per capita over time
- Korea
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Korea currently reports 1,058 current US$ against 242.04 current US$ in Latin America & the Caribbean (IDA & IBRD countries), a difference of 815.96 current US$.
That makes Korea's figure about 4.4 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 24 years both countries report, Korea has been ahead every year.
Korea ranks 10th and Latin America & the Caribbean (IDA & IBRD countries) ranks 13th of 193 countries.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Korea | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 364 current US$ | 138.92 current US$ | 225.07 current US$ | Korea |
| 2010s | 718.76 current US$ | 207.78 current US$ | 510.98 current US$ | Korea |
| 2020s | 913.78 current US$ | 204.22 current US$ | 709.56 current US$ | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher out-of-pocket expenditure per capita, Korea or Latin America & the Caribbean (IDA & IBRD countries)?
- Korea, at 1,058 current US$ against 242.04 current US$ in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in out-of-pocket expenditure per capita between Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 815.96 current US$, with Korea ahead.
- How many years of comparable data are there for Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 24 years are reported by both, from 2000 to 2023.
- How do Korea and Latin America & the Caribbean (IDA & IBRD countries) rank globally for out-of-pocket expenditure per capita?
- Korea ranks 10th and Latin America & the Caribbean (IDA & IBRD countries) ranks 13th of 193 countries.
- Where does this data come from?
- Global Health Expenditure Database, updated December 12th, 2025, World Health Organization (WHO), published as Out-of-pocket expenditure per capita (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Health expenditure through out-of-pocket payments per capita in USD. Out of pocket payments are spending on health directly out of pocket by households in each country.