Germany vs Korea: Financing of social security benefits in OECD member countries — Tax
Germany
14.86 Percentage of GDP
in 2024
Korea
7.66 Percentage of GDP
in 2024
Germany rank
4th
Korea rank
2nd
Financing of social security benefits in OECD member countries — Tax over time
- Germany
- Korea
How they compare
Germany currently reports 14.86 Percentage of GDP against 7.66 Percentage of GDP in Korea, a difference of 7.2 Percentage of GDP.
That makes Germany's figure about 1.9 times Korea's.
Across all 53 years both countries report, Germany has been ahead every year.
Germany ranks 4th and Korea ranks 2nd of 33 countries.
Germany has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Germany | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.68 Percentage of GDP | 0.1307 Percentage of GDP | 11.55 Percentage of GDP | Germany |
| 1980s | 13.04 Percentage of GDP | 0.2819 Percentage of GDP | 12.75 Percentage of GDP | Germany |
| 1990s | 13.88 Percentage of GDP | 2.37 Percentage of GDP | 11.51 Percentage of GDP | Germany |
| 2000s | 13.48 Percentage of GDP | 4.33 Percentage of GDP | 9.15 Percentage of GDP | Germany |
| 2010s | 13.84 Percentage of GDP | 5.94 Percentage of GDP | 7.9 Percentage of GDP | Germany |
| 2020s | 14.55 Percentage of GDP | 7.55 Percentage of GDP | 7 Percentage of GDP | Germany |
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, Germany or Korea?
- Germany, at 14.86 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 Germany and Korea?
- 7.2 Percentage of GDP, with Germany ahead.
- How many years of comparable data are there for Germany and Korea?
- 53 years are reported by both, from 1972 to 2024.
- How do Germany and Korea rank globally for financing of social security benefits in oecd member countries — tax?
- Germany ranks 4th 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.
Individual pages
About this data
Compulsory payments conferring entitlement to future social benefits These are usually earmarked to finance social benefits and paid to institutions of general government.