Social spending oecd longrun in South Korea

South Korea: Social spending oecd longrun was 15.33 in 2024. ◆ Volatile

Latest (2024)
15.33
Change on year
down 0.2%
World rank
35th
of 42 countries
All-time high
16.23
in 2022
All-time low
2.46
in 1991
Years of data
35
1990–2024

Social spending oecd longrun in South Korea, 1990–2024

0510151990200720241990: 2.51991: 2.51992: 2.71993: 2.71994: 2.71995: 2.91996: 31997: 3.31998: 4.51999: 5.42000: 4.22001: 4.52002: 4.42003: 4.62004: 5.22005: 5.52006: 6.32007: 6.32008: 6.82009: 7.62010: 7.42011: 7.32012: 7.82013: 8.32014: 8.62015: 9.12016: 9.22017: 9.52018: 10.22019: 11.42020: 14.92021: 15.22022: 16.22023: 15.42024: 15.3

Source: Our World in Data.

Analysis

South Korea recorded 15.33 for social spending oecd longrun in 2024.

The figure is down 0.2% on the previous year and up 77.5% over ten years.

Over the whole period, social spending oecd longrun in South Korea peaked at 16.23 in 2022 and was at its lowest, 2.46, in 1991.

South Korea ranks 35th of 42 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Social spending oecd longrun in South Korea, year by year

Annual values for Social spending oecd longrun in South Korea, 1990 to 2024.
Year Value Change
1990 2.55 —
1991 2.46 -3.6%
1992 2.67 +8.6%
1993 2.74 +2.7%
1994 2.73 -0.2%
1995 2.91 +6.3%
1996 3.05 +4.9%
1997 3.28 +7.6%
1998 4.55 +38.7%
1999 5.42 +19.2%
2000 4.25 -21.7%
2001 4.49 +5.7%
2002 4.36 -2.9%
2003 4.63 +6.1%
2004 5.18 +12.1%
2005 5.51 +6.2%
2006 6.27 +13.9%
2007 6.34 +1.1%
2008 6.81 +7.3%
2009 7.59 +11.5%
2010 7.37 -2.8%
2011 7.34 -0.5%
2012 7.83 +6.7%
2013 8.3 +6.0%
2014 8.63 +4.0%
2015 9.05 +4.9%
2016 9.25 +2.2%
2017 9.47 +2.4%
2018 10.17 +7.4%
2019 11.42 +12.3%
2020 14.88 +30.2%
2021 15.22 +2.3%
2022 16.23 +6.7%
2023 15.36 -5.4%
2024 15.33 -0.2%

South Korea compared with similar countries

  • South Korea's 15.33 is below the median for high income countries, which is 22.29, 69% of the median. (38 countries reporting)

Biggest year-on-year movements

Years where Social spending oecd longrun in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 +38.7% 3.28 4.55

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.24 2.46 5.42 10
2000s 5.54 4.25 7.59 10
2010s 8.88 7.34 11.42 10
2020s 15.4 14.88 16.23 5

Countries ranked near South Korea

  1. 32 Lithuania 16.94 compare
  2. 33 Israel 16.28 compare
  3. 34 Switzerland 16 compare
  4. 36 Ireland 14.36 compare
  5. 37 Colombia 14.06 compare
  6. 38 Chile 12.88 compare

See the full ranking of 42 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is social spending oecd longrun in South Korea?
Social spending oecd longrun in South Korea was 15.33 in 2024, according to Our World in Data.
What is the highest social spending oecd longrun recorded in South Korea?
The highest recorded value was 16.23 in 2022.
What is the lowest social spending oecd longrun recorded in South Korea?
The lowest recorded value was 2.46 in 1991.
How does South Korea rank for social spending oecd longrun?
South Korea ranks 35th out of 42 countries with data for 2024.
Is social spending oecd longrun rising or falling in South Korea?
Over the last ten years it is up 77.5%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Our World in Data, published as part of Social spending oecd longrun. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Social spending oecd longrun in South Korea. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/social-spending-oecd-longrun/korea-rep/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/social-spending-oecd-longrun/korea-rep/">Social spending oecd longrun in South Korea</a> — Statizoid

About this data

Indicator
Social spending oecd longrun
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
42 places, 1,937 data points, 1880–2024
Last refreshed