Austria vs Korea: Financing of social security benefits in OECD member countries — Tax

Austria
15.61 Percentage of GDP
in 2024
Korea
7.66 Percentage of GDP
in 2024
Austria rank
3rd
Korea rank
2nd

Financing of social security benefits in OECD member countries — Tax over time

  • Austria
  • Korea
051015196519942024

How they compare

Austria currently reports 15.61 Percentage of GDP against 7.66 Percentage of GDP in Korea, a difference of 7.95 Percentage of GDP.

That makes Austria's figure about 2.0 times Korea's.

Across all 53 years both countries report, Austria has been ahead every year.

Austria ranks 3rd and Korea ranks 2nd of 33 countries.

Austria has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Austria Korea Difference Ahead
1970s 10.14 Percentage of GDP 0.1307 Percentage of GDP 10.01 Percentage of GDP Austria
1980s 12.63 Percentage of GDP 0.2819 Percentage of GDP 12.34 Percentage of GDP Austria
1990s 14.28 Percentage of GDP 2.37 Percentage of GDP 11.91 Percentage of GDP Austria
2000s 14.16 Percentage of GDP 4.33 Percentage of GDP 9.84 Percentage of GDP Austria
2010s 14.64 Percentage of GDP 5.94 Percentage of GDP 8.7 Percentage of GDP Austria
2020s 15.29 Percentage of GDP 7.55 Percentage of GDP 7.74 Percentage of GDP Austria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher financing of social security benefits in oecd member countries — tax, Austria or Korea?
Austria, at 15.61 Percentage of GDP against 7.66 Percentage of GDP in Korea as of 2024.
What is the difference in financing of social security benefits in oecd member countries — tax between Austria and Korea?
7.95 Percentage of GDP, with Austria ahead.
How many years of comparable data are there for Austria and Korea?
53 years are reported by both, from 1972 to 2024.
How do Austria and Korea rank globally for financing of social security benefits in oecd member countries — tax?
Austria ranks 3rd and Korea ranks 2nd of 33 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Financing of social security benefits in OECD member countries — Tax revenue. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Austria vs Korea: Financing of social security benefits in OECD member countries — Tax. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/financing-of-social-security-benefits-in-oecd-member-countries-tax-revenue/austria/korea/

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About this data

Indicator
Financing of social security benefits in OECD member countries — Tax revenue
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
36 places, 1,787 data points, 1965–2024
Last refreshed

Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.