{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"social-spending-oecd-longrun","source":"OECD (2025); OECD (1985); Lindert (2004) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/social-spending-oecd-longrun","title":"Public social spending as share of GDP","unit":"% of GDP"},"observations":[{"date":"1990-01-01","value":2.548},{"date":"1991-01-01","value":2.455},{"date":"1992-01-01","value":2.667},{"date":"1993-01-01","value":2.738},{"date":"1994-01-01","value":2.733},{"date":"1995-01-01","value":2.906},{"date":"1996-01-01","value":3.049},{"date":"1997-01-01","value":3.281},{"date":"1998-01-01","value":4.55},{"date":"1999-01-01","value":5.423},{"date":"2000-01-01","value":4.245},{"date":"2001-01-01","value":4.489},{"date":"2002-01-01","value":4.361},{"date":"2003-01-01","value":4.626},{"date":"2004-01-01","value":5.185},{"date":"2005-01-01","value":5.507},{"date":"2006-01-01","value":6.272},{"date":"2007-01-01","value":6.342},{"date":"2008-01-01","value":6.806},{"date":"2009-01-01","value":7.589},{"date":"2010-01-01","value":7.373},{"date":"2011-01-01","value":7.337},{"date":"2012-01-01","value":7.825},{"date":"2013-01-01","value":8.297},{"date":"2014-01-01","value":8.633},{"date":"2015-01-01","value":9.052},{"date":"2016-01-01","value":9.247},{"date":"2017-01-01","value":9.473},{"date":"2018-01-01","value":10.172},{"date":"2019-01-01","value":11.423},{"date":"2020-01-01","value":14.876},{"date":"2021-01-01","value":15.222},{"date":"2022-01-01","value":16.235},{"date":"2023-01-01","value":15.359},{"date":"2024-01-01","value":15.326}],"summary":{"latest_period":"2024-01-01","latest_value":15.326,"max":16.235,"mean":7.24634,"min":2.455,"of":42,"rank":35,"trend":"volatile"}}