{"entity":{"iso2":"KR","iso3":"KOR","name":"Republic of Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"social-expenditure-as-percentage-of-gdp","source":"OECD (2025) \u2013 with minor processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/social-expenditure-as-percentage-of-gdp","title":"Social spending as share of GDP","unit":"% of GDP"},"observations":[{"date":"1990-01-01","value":0.161},{"date":"1991-01-01","value":0.134},{"date":"1992-01-01","value":0.114},{"date":"1993-01-01","value":0.11},{"date":"1994-01-01","value":0.094},{"date":"1995-01-01","value":0.1},{"date":"1996-01-01","value":0.114},{"date":"1997-01-01","value":0.131},{"date":"1998-01-01","value":0.157},{"date":"1999-01-01","value":0.238},{"date":"2000-01-01","value":0.238},{"date":"2001-01-01","value":0.347},{"date":"2002-01-01","value":0.365},{"date":"2003-01-01","value":0.368},{"date":"2004-01-01","value":0.341},{"date":"2005-01-01","value":0.404},{"date":"2006-01-01","value":0.458},{"date":"2007-01-01","value":0.47},{"date":"2008-01-01","value":0.429},{"date":"2009-01-01","value":0.495},{"date":"2010-01-01","value":0.403},{"date":"2011-01-01","value":0.391},{"date":"2012-01-01","value":0.418},{"date":"2013-01-01","value":0.443},{"date":"2014-01-01","value":0.447},{"date":"2015-01-01","value":0.48},{"date":"2016-01-01","value":0.453},{"date":"2017-01-01","value":0.473},{"date":"2018-01-01","value":0.51},{"date":"2019-01-01","value":0.688},{"date":"2020-01-01","value":1.748},{"date":"2021-01-01","value":1.433},{"date":"2022-01-01","value":0.932}],"summary":{"latest_period":"2022-01-01","latest_value":0.932,"max":1.748,"mean":0.426879,"min":0.094,"of":42,"rank":10,"trend":"volatile"}}