Current health spending in South Korea 1970-2023

Published by Statista Research Department, Oct 31, 2024

In 2023, health spending in South Korea amounted to 221 trillion South Korean won. This represents an increase from the previous year, and continues a trend of annual growth. Between 1970 and 2023, health expenditure increased by about 220,900 percent, first exceeding 100 trillion won in 2014.

Current health expenditure in South Korea in selected years from 1970 to 2023 (in trillion South Korean won)

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Release date

October 2024

Region

South Korea

Survey time period

1970 to 2023

Supplementary notes

1,000 South Korean won equals 0.76 U.S. dollars or 0.68 euros as of October 2024.

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