South Korea - Public Pension Spending
Since 2014, South Korea Public Pension Spending increased 4points year on year. At 3.07 Percent of GDP in 2019, the country was number 36 among other countries in Public Pension Spending. South Korea is overtaken by Mexico, which was number 35 at 3.1 Percent of GDP and is followed by Chile at 2.81 Percent of GDP. Greece lead the ranking with 16.37 Percent of GDP in 2019, that is a growth of 1.2points versus 2018. Italy, France and Portugal respectively ranked number 2, 3 and 4 in this ranking. Mexico recorded the best 5 years average growth at +7points per year, while Ireland recorded the worst performance at -4.3points per year.
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| Date | Percent of GDP |
|---|---|
| 2019 | 3.07 |
| 2018 | 3.00 |
| 2017 | 2.85 |
| 2016 | 2.77 |
| 2015 | 2.75 |
Download all data from 1990 to 2019
How does South Korea rank in Public Pension Spending?
| # | 38 Countries | Percent of GDP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Greece
|
16.36 % | 2019 | +1.2 % | -0.1 % | View data | |
| 2 |
#2
Italy
|
15.94 % | 2019 | +0.5 % | -0.3 % | View data | |
| 35 |
#35
Mexico
|
3.10 % | 2019 | +19.7 % | +7.0 % | View data | |
| 36 |
#36
South Korea
|
3.07 % | 2019 | +2.4 % | +4.0 % | View data | |
| 37 |
#37
Chile
|
2.81 % | 2019 | +1.1 % | -0.9 % | View data | |