Public expenditure on disability and sickness cash benefits in % GDP in Korea
Korea: Public expenditure on disability and sickness cash benefits in % GDP was 0.888 Percentage of GDP in 2022. ▲ Rising
Public expenditure on disability and sickness cash benefits in % GDP in Korea, 1990–2022
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Korea recorded 0.888 Percentage of GDP for public expenditure on disability and sickness cash benefits in % gdp in 2022. That is the highest value across all 33 years on record.
That represents a change of up 1.7% on the previous year and up 68.8% over ten years.
Over the whole period, public expenditure on disability and sickness cash benefits in % gdp in Korea peaked at 0.888 Percentage of GDP in 2022 and was at its lowest, 0.234 Percentage of GDP, in 1990.
The long-run direction has been consistently rising across the 33 years of available data.
Public expenditure on disability and sickness cash benefits in % GDP in Korea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 0.234 Percentage of GDP | — |
| 1991 | 0.269 Percentage of GDP | +15.0% |
| 1992 | 0.298 Percentage of GDP | +10.8% |
| 1993 | 0.269 Percentage of GDP | -9.7% |
| 1994 | 0.294 Percentage of GDP | +9.3% |
| 1995 | 0.292 Percentage of GDP | -0.7% |
| 1996 | 0.304 Percentage of GDP | +4.1% |
| 1997 | 0.331 Percentage of GDP | +8.9% |
| 1998 | 0.339 Percentage of GDP | +2.4% |
| 1999 | 0.286 Percentage of GDP | -15.6% |
| 2000 | 0.31 Percentage of GDP | +8.4% |
| 2001 | 0.343 Percentage of GDP | +10.6% |
| 2002 | 0.368 Percentage of GDP | +7.3% |
| 2003 | 0.413 Percentage of GDP | +12.2% |
| 2004 | 0.476 Percentage of GDP | +15.3% |
| 2005 | 0.497 Percentage of GDP | +4.4% |
| 2006 | 0.528 Percentage of GDP | +6.2% |
| 2007 | 0.53 Percentage of GDP | +0.4% |
| 2008 | 0.555 Percentage of GDP | +4.7% |
| 2009 | 0.566 Percentage of GDP | +2.0% |
| 2010 | 0.481 Percentage of GDP | -15.0% |
| 2011 | 0.5 Percentage of GDP | +4.0% |
| 2012 | 0.526 Percentage of GDP | +5.2% |
| 2013 | 0.515 Percentage of GDP | -2.1% |
| 2014 | 0.507 Percentage of GDP | -1.6% |
| 2015 | 0.529 Percentage of GDP | +4.3% |
| 2016 | 0.532 Percentage of GDP | +0.6% |
| 2017 | 0.57 Percentage of GDP | +7.1% |
| 2018 | 0.606 Percentage of GDP | +6.3% |
| 2019 | 0.668 Percentage of GDP | +10.2% |
| 2020 | 0.882 Percentage of GDP | +32.0% |
| 2021 | 0.873 Percentage of GDP | -1.0% |
| 2022 | 0.888 Percentage of GDP | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2916 Percentage of GDP | 0.234 Percentage of GDP | 0.339 Percentage of GDP | 10 |
| 2000s | 0.4586 Percentage of GDP | 0.31 Percentage of GDP | 0.566 Percentage of GDP | 10 |
| 2010s | 0.5434 Percentage of GDP | 0.481 Percentage of GDP | 0.668 Percentage of GDP | 10 |
| 2020s | 0.881 Percentage of GDP | 0.873 Percentage of GDP | 0.888 Percentage of GDP | 3 |
Countries ranked near Korea
- 1 Denmark 4.74 Percentage of GDP compare
- 1 Latvia 2.84 Percentage of GDP compare
- 1 Croatia 3.1 Percentage of GDP compare
- 2 Netherlands 2.78 Percentage of GDP compare
- 2 Norway 4.04 Percentage of GDP compare
- 3 Belgium 3.38 Percentage of GDP compare
- 3 Estonia 2.42 Percentage of GDP compare
- 4 Iceland 3.36 Percentage of GDP compare
- 4 Slovenia 2.23 Percentage of GDP compare
- 5 Lithuania 2.17 Percentage of GDP compare
- 5 Sweden 3.25 Percentage of GDP compare
- 6 New Zealand 3.2 Percentage of GDP compare
- 6 Poland 1.96 Percentage of GDP compare
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- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is public expenditure on disability and sickness cash benefits in % gdp in Korea?
- Public expenditure on disability and sickness cash benefits in % gdp in Korea was 0.888 Percentage of GDP in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest public expenditure on disability and sickness cash benefits in % gdp recorded in Korea?
- The highest recorded value was 0.888 Percentage of GDP in 2022.
- What is the lowest public expenditure on disability and sickness cash benefits in % gdp recorded in Korea?
- The lowest recorded value was 0.234 Percentage of GDP in 1990.
- How does Korea rank for public expenditure on disability and sickness cash benefits in % gdp?
- Korea ranks 3rd out of 3 groups with data for 2022.
- Is public expenditure on disability and sickness cash benefits in % gdp rising or falling in Korea?
- Over the last ten years it is up 68.8%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Public expenditure on disability and sickness cash benefits in % GDP — Social expenditure. Statizoid updates them automatically from the source API.
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About this data
The OECD Social Expenditure Database (SOCX) has been developed in order to serve a growing need for indicators of social policy. It includes reliable and internationally comparable statistics on public and mandatory and voluntary private social expenditure at programme level. SOCX provides a unique tool for monitoring trends in aggregate social expenditure and analysing changes in its composition. It covers 38 OECD countries and some accession countries for the period 1980-2021/23 and estimates for aggregates for 2022-24. A Social Expenditure Update can be found under www.oecd.org/en/data/datasets/social-expenditure-database-socx.htm. The main social policy areas are as follows: Old age, Survivors, Incapacity-related benefits, Health, Family, Active labor market programmes, Unemployment, Housing, and Other social policy areas. This version also includes estimates of net total social spending for 2021 for 38 OECD countries. SOCX aggregated data as well as sources and methodology are described in The OECD SOCX Manual – 2019 edition- A guide to the OECD Social Expenditure Database.