South Korea vs United States: Current Health Expenditure Comparison

Compare Current Health Expenditure (% of GDP) of South Korea and United States over time using official World Bank Open Data.

⚑ Quick Comparison Summary

In 2024, United States recorded Current Health Expenditure (% of GDP) of 16.7% vs 8.7% for South Korea (United States's Current Health Expenditure is 8.0% higher than South Korea's.).

πŸ‡°πŸ‡· South Korea
8.7%
+133.4% since 2000
πŸ‡ΊπŸ‡Έ United States
16.7%
+33.7% since 2000
βš–οΈ Difference / Gap
8.0%
Latest Year: 2024
Current Health Expenditure (% of GDP)
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South Korea vs United States All Annual Observations (2000 – 2024)

Complete annual observations of Current Health Expenditure (% of GDP) for South Korea and United States reported by World Bank.

Year πŸ‡°πŸ‡· South Korea Current Health Expenditure πŸ‡ΊπŸ‡Έ United States Current Health Expenditure Difference / Gap
2024 8.7% No data β€”
2023 8.6% 16.7% 8.1%
2022 8.9% 16.5% 7.7%
2021 8.3% 17.4% 9.0%
2020 8.0% 18.5% 10.5%
2019 7.7% 16.5% 8.9%
2018 7.1% 16.5% 9.4%
2017 6.8% 16.6% 9.8%
2016 6.6% 16.7% 10.1%
2015 6.5% 16.4% 9.9%
2014 6.2% 16.1% 9.9%
2013 6.1% 16.0% 9.9%
2012 6.0% 16.1% 10.2%
2011 5.9% 16.1% 10.2%
2010 5.8% 16.2% 10.4%
2009 5.7% 16.2% 10.5%
2008 5.2% 15.2% 10.0%
2007 5.0% 14.9% 10.0%
2006 5.0% 14.7% 9.8%
2005 4.7% 14.6% 9.9%
2004 4.4% 14.6% 10.1%
2003 4.5% 14.5% 10.0%
2002 3.9% 14.0% 10.1%
2001 4.2% 13.2% 9.0%
2000 3.7% 12.5% 8.8%

Current Health Expenditure Comparison

β€’ Current Leader: In 2024, United States recorded Current Health Expenditure of 16.7%, while South Korea recorded 8.7%, a difference of 8.0%.
β€’ 2000 Baseline: South Korea stood at 3.7% and United States stood at 12.5%.
β€’ 2000–2024 Trajectory: South Korea moved to 8.7% (+133.4% since 2000), while United States moved to 16.7% (+33.7% since 2000).

Historical Trends

Over the available reporting period from 2000 to 2024, South Korea and United States followed distinct developmental paths. In 2000, South Korea recorded 3.7% compared to 12.5% for United States. By 2024, the values evolved to 8.7% and 16.7% respectively.

Key Differences

β€’ Absolute Gap: Difference in 2024 is 8.0%.
β€’ Highest Observed Year: Peak observed was 16.7% (United States in 2024).
β€’ Growth Trajectory: Since 2000, South Korea achieved +133.4% since 2000, while United States achieved +33.7% since 2000.

About Current Health Expenditure (% of GDP)

Level of current health expenditure expressed as a percentage of GDP.

This comparison uses standardized data from World Bank Open Data. Historical records allow analysts to trace long-term development trajectories for South Korea and United States.

Frequently Asked Questions β€” Current Health Expenditure

What is the Current Health Expenditure of South Korea?

In 2024, South Korea's Current Health Expenditure was 8.7% according to official World Bank data.

What is the Current Health Expenditure of United States?

In 2023, United States's Current Health Expenditure was 16.7% according to official World Bank data.

Which country has a higher Current Health Expenditure?

In 2024, United States recorded a higher Current Health Expenditure of 16.7% compared to South Korea's 8.7% (a difference of 8.0%).

How has Current Health Expenditure changed over time for South Korea and United States?

From 2000 to 2024, South Korea's Current Health Expenditure changed by +133.4% since 2000, while United States's changed by +33.7% since 2000.

Explore South Korea vs United States Interactively

Use TradeSeekho Growth Explorer to customize time ranges, play animated timeline visualizations, and compare South Korea and United States across Population, Health, Education, and Technology metrics.

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Data Source and Methodology

Source: World Bank Open Data. Indicator Code: SH.XPD.CHEX.GD.ZS (Current Health Expenditure (% of GDP)). Values represent annual current health expenditure (% of gdp) for South Korea and United States from 2000 through 2024. Missing reporting years are omitted without converting missing values to zero.