Healthcare expenditure vs gdp in Republic of Korea

Republic of Korea: Healthcare expenditure vs gdp was 5,081 in 2024. ◆ Volatile

Latest (2024)
5,081
Change on year
up 5.9%
World rank
27th
of 193 countries
All-time high
5,081
in 2024
All-time low
718.44
in 2000
Years of data
25
2000–2024

Healthcare expenditure vs gdp in Republic of Korea, 2000–2024

1.0k2.0k3.0k4.0k5.0k2000201220242000: 718.42001: 858.32002: 8732003: 1.0k2004: 1.1k2005: 1.2k2006: 1.4k2007: 1.5k2008: 1.7k2009: 1.8k2010: 1.9k2011: 2.0k2012: 2.1k2013: 2.2k2014: 2.3k2015: 2.6k2016: 2.8k2017: 2.9k2018: 3.2k2019: 3.6k2020: 3.8k2021: 4.3k2022: 4.9k2023: 4.8k2024: 5.1k

Source: Our World in Data.

Analysis

Republic of Korea recorded 5,081 for healthcare expenditure vs gdp in 2024. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 5.9% on the previous year and up 118.8% over ten years.

Over the whole period, healthcare expenditure vs gdp in Republic of Korea peaked at 5,081 in 2024 and was at its lowest, 718.44, in 2000.

Republic of Korea ranks 27th of 193 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Healthcare expenditure vs gdp in Republic of Korea, year by year

Annual values for Healthcare expenditure vs gdp in Republic of Korea, 2000 to 2024.
Year Value Change
2000 718.44
2001 858.29 +19.5%
2002 872.99 +1.7%
2003 1,031 +18.1%
2004 1,103 +6.9%
2005 1,226 +11.2%
2006 1,399 +14.0%
2007 1,516 +8.4%
2008 1,661 +9.6%
2009 1,775 +6.8%
2010 1,949 +9.8%
2011 2,037 +4.5%
2012 2,114 +3.8%
2013 2,191 +3.6%
2014 2,322 +6.0%
2015 2,573 +10.8%
2016 2,761 +7.3%
2017 2,927 +6.0%
2018 3,247 +10.9%
2019 3,578 +10.2%
2020 3,842 +7.4%
2021 4,309 +12.2%
2022 4,869 +13.0%
2023 4,798 -1.5%
2024 5,081 +5.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1,216 718.44 1,775 10
2010s 2,570 1,949 3,578 10
2020s 4,580 3,842 5,081 5

Countries ranked near Republic of Korea

  1. 24 Slovenia 5,425 compare
  2. 25 Japan 5,365 compare
  3. 26 San Marino 5,231 compare
  4. 28 Italy 4,993 compare
  5. 29 Spain 4,935 compare
  6. 30 Portugal 4,928 compare

See the full ranking of 193 places →

More health data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is healthcare expenditure vs gdp in Republic of Korea?
Healthcare expenditure vs gdp in Republic of Korea was 5,081 in 2024, according to Our World in Data.
What is the highest healthcare expenditure vs gdp recorded in Republic of Korea?
The highest recorded value was 5,081 in 2024.
What is the lowest healthcare expenditure vs gdp recorded in Republic of Korea?
The lowest recorded value was 718.44 in 2000.
How does Republic of Korea rank for healthcare expenditure vs gdp?
Republic of Korea ranks 27th out of 193 countries with data for 2024.
Is healthcare expenditure vs gdp rising or falling in Republic of Korea?
Over the last ten years it is up 118.8%. The long-run trend across the full record is volatile.
Where does this Republic of Korea data come from?
The figures come from Our World in Data, published as part of Healthcare expenditure vs gdp. Statizoid updates them automatically from the source API.

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Healthcare expenditure vs gdp in Republic of Korea. Statizoid, drawing on Our World in Data. Retrieved 26 August 2026, from https://health.statizoid.com/stat/healthcare-expenditure-vs-gdp/korea-rep/

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About this data

Indicator
Healthcare expenditure vs gdp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 4,561 data points, 2000–2024
Last refreshed