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Korea Health Spending

Current health expenditure as % of GDP  SH.XPD.CHEX.GD.ZS

Korea's health spending was 8.95% in 2025, ranked 43rd globally. This represents a 3.2% increase from 2024. Data from World Bank, covering 2000–2025.

8.95% +0.27% (+3.2%)
Year 2025 Rank #43 Global Peak 8.95% (2025) Source World Bank

Korea Health Spending (2000–2025)

Overview

Korea's health spending stood at 8.95% in 2025, a rise of +0.27% from 2024. Based on recent trends, this figure is projected to reach 8.95% by 2025. Korea ranked 43rd globally.

South Korea’s health‑spending share of gross domestic product has risen from 3.72 percent in 2000 to 8.95 percent in 2025, marking the highest level recorded over the 26‑year series and placing the country 43rd in the world in the latest year. The upward trajectory reflects sustained expansion of public and private financing, broader insurance coverage and a rapidly aging population that has heightened demand for chronic‑disease management and long‑term care. Compared with peers of similar rank, South Korea’s 2025 level of 8.95 percent is marginally above Tunisia’s 8.94 percent and just below Tonga’s 8.99 percent, indicating that its spending intensity is comparable to middle‑income economies that face comparable demographic pressures. The all‑time trough of 3.72 percent in 2000 occurred when the health system was still transitioning from a largely out‑of‑pocket model to universal coverage, underscoring the scale of reform undertaken in the intervening decades. Continued demographic aging and the adoption of high‑cost medical technologies are likely to sustain the upward trend, although policy measures that improve efficiency could moderate future growth.

Data & projection

Year Health Spending YoY change Rank
2027* trend 9.25% - -
2026* trend 9.10% - -
2025* trend 8.95% - -
2025 8.95% +0.27% #43
2024 8.68% +0.11% #9
2023 8.57% −0.29% #141
2022 8.86% +0.52% #148
2021 8.34% +0.32% #127
2020 8.03% +0.33% #127
2019 7.69% +0.55% #133
2018 7.14% +0.34% #124
2017 6.80% +0.16% #116
2016 6.64% +0.17% #107
2015 6.46% +0.22% #105
2014 6.24% +0.18% #103
2013 6.07% +0.11% #101
2012 5.96% +0.05% #98
2011 5.90% +0.11% #98
Show all years (2000-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +13.6% GDP growth 5.2% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Korea matched the Export Boom Cycle pattern in 2006. Historically, 71% of countries showing this pattern (546 out of 768) saw health spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is Korea's health spending?▾

Korea's health spending was 8.95% in 2025. Ranked 43rd globally. This represents a 3.2% increase from the previous year.

What was the highest health spending in Korea?▾

Korea's health spending peaked at 8.95% in 2025.

What was the lowest health spending in Korea?▾

The lowest health spending in Korea was 3.72% in 2000.

How does Korea rank in health spending?▾

Korea ranks 43rd globally in health spending as of 2025.

What is the World Bank indicator code for health spending?▾

The World Bank indicator code is SH.XPD.CHEX.GD.ZS. Data sourced from World Bank.

What is the projected health spending of Korea in 2025?▾

Korea's health spending is projected to reach 8.95% by 2025 based on trend extrapolation.

What is the health spending of Korea in 2025?▾

The health spending of Korea in 2025 was 8.95%. This ranks 43rd in the world.

Cite this page

APA
Korea Health Spending. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/korea/health-spending/
BibTeX
@misc{historysaid_korea_health-spending, title = {Korea Health Spending}, url = {https://historysaid.com/korea/health-spending/}, publisher = {HistorySaid}, year = {2026} }
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