Share social protection in government exp oecd in South Korea

South Korea: Share social protection in government exp oecd was 26.16 in 2023. ▲ Rising

Latest (2023)
26.16
Change on year
up 7.4%
World rank
32nd
of 37 countries
All-time high
26.16
in 2023
All-time low
16.62
in 2007
Years of data
17
2007–2023

Share social protection in government exp oecd in South Korea, 2007–2023

01020302007201520232007: 16.62008: 17.12009: 16.82010: 17.82011: 18.52012: 19.72013: 20.62014: 21.52015: 22.12016: 22.42017: 22.42018: 22.32019: 22.72020: 24.52021: 24.12022: 24.42023: 26.2

Source: Our World in Data.

Analysis

The most recent figure for share social protection in government exp oecd in South Korea is 26.16, measured in 2023. That is the highest value across all 17 years on record.

The figure is up 7.4% on the previous year and up 27.0% over ten years.

Over the whole period, share social protection in government exp oecd in South Korea peaked at 26.16 in 2023 and was at its lowest, 16.62, in 2007.

South Korea ranks 32nd of 37 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 16.85 16.62 17.13 3
2010s 21 17.82 22.66 10
2020s 24.79 24.14 26.16 4

Countries ranked near South Korea

  1. 29 Israel 28.2 compare
  2. 30 Croatia 27.85 compare
  3. 31 Australia 26.46 compare
  4. 33 Costa Rica 26.09 compare
  5. 34 Colombia 25.08 compare
  6. 35 Hungary 24.88 compare

See the full ranking of 37 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is share social protection in government exp oecd in South Korea?
Share social protection in government exp oecd in South Korea was 26.16 in 2023, according to Our World in Data.
What is the highest share social protection in government exp oecd recorded in South Korea?
The highest recorded value was 26.16 in 2023.
What is the lowest share social protection in government exp oecd recorded in South Korea?
The lowest recorded value was 16.62 in 2007.
How does South Korea rank for share social protection in government exp oecd?
South Korea ranks 32nd out of 37 countries with data for 2023.
Is share social protection in government exp oecd rising or falling in South Korea?
Over the last ten years it is up 27.0%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from Our World in Data, published as part of Share social protection in government exp oecd. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Share social protection in government exp oecd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
37 places, 618 data points, 2007–2024
Last refreshed