In 2022, pharmaceutical spending in South Korea amounted to around 1.7 percent of the total Gross Domestic Product (GDP). This represents a slight increase from the previous year. Pharmaceutical spending in relation to GDP has been above one percent since the year 2001, and has continued to slowly but steadily increase year by year.
Pharmaceutical expenditure as share of the GDP of South Korea from 2000 to 2022
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Other statistics that may interest you Pharmaceutical industry in South Korea
Overview
5
- Premium Statistic Pharmaceutical market: worldwide revenue 2001-2023
- Premium Statistic Pharmaceuticals market size South Korea 2012-2022
- Basic Statistic Pharmaceutical spending as share of GDP South Korea 2000-2022
- Basic Statistic Pharmaceutical spending per capita in South Korea 2000-2022
- Premium Statistic Number of pharmaceutical manufacturers South Korea 2012-2022
Production and distribution
6
- Basic Statistic Pharmaceutical production value South Korea 2012-2022
- Premium Statistic OTC drug products production value South Korea 2012-2022
- Premium Statistic Prescription drug products production value South Korea 2012-2022
- Premium Statistic Leading pharmaceutical products South Korea 2022, by production value
- Premium Statistic Number of pharmaceutical distributors South Korea 2012-2022
- Premium Statistic Number of pharmaceutical distributors South Korea 2022, by type
International trade
6
- Premium Statistic Pharmaceutical export value from South Korea 2012-2022
- Premium Statistic Leading countries for pharmaceutical exports South Korea 2022, by export value
- Premium Statistic Biopharmaceuticals export value from South Korea 2012-2022
- Premium Statistic Pharmaceutical import value in South Korea 2012-2022
- Premium Statistic Leading countries for pharmaceutical imports South Korea 2022, by import value
- Premium Statistic Biopharmaceutical import value in South Korea 2012-2022
Key players
6
- Premium Statistic Leading pharmaceutical businesses South Korea 2022, by revenue
- Premium Statistic Sales revenue Yuhan 2015-2022
- Premium Statistic Sales revenue of GC Pharma 2015-2023
- Premium Statistic Revenue of Chong Kun Dang 2015-2022
- Premium Statistic Sales revenue Kwang Dong Pharmaceutical 2011-2022
- Premium Statistic Sales revenue Hanmi Pharmaceutical 2017-2022
OTC pharmaceuticals
5
- Premium Statistic Types of pharmaceutical drugs produced in South Korea 2022, by production value
- Premium Statistic Annual production value of OTC drugs in South Korea 2011-2022
- Premium Statistic Annual import value of OTC drugs in South Korea 2011-2022
- Premium Statistic Types of pharmaceutical drugs imported into South Korea 2022, by import value share
- Premium Statistic Amount of medication supplied to medical facilities South Korea 2022, by supply value
Further related statistics
16
- Projected 2018 revenue for top 10 drugs approved U.S. 2013
- Projected 2019 revenue for top drugs approved U.S. 2014
- Projected 2020 revenue for top drugs approved in U.S. 2015
- Breakdown value imported drugs Japan 2021, by category
- U.S. adults about their doctor's up-to-date pharma research knowledge 2017
- U.S. adults with impression they are receiving unnecessary prescription drug 2017
- U.S. adults that trust their doctor in prescribing appropriate drugs
- Top drug classes prescribed to seniors living in LTC in Canada 2021, by rate of use
- Usage rate of top drug classes prescribed to seniors in Canada by age 2021
- Per capita health care spending in U.S., Canada and Germany 2010-2017
- Top drug classes prescribed to seniors in Canada by rate of use 2021
- Top drug classes prescribed to seniors in Canada by rate of chronic use 2021
- Revenue of top growing private specialty pharmacies in U.S. 2018
- Spending on pharmaceuticals in the United Kingdom (UK) 2003-2014
- U.S. health system: Co-payments for medication
- Number of outpatient consultations in India FY 2021, by sector and specialty
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Statistics
- Projected 2018 revenue for top 10 drugs approved U.S. 2013
- Projected 2019 revenue for top drugs approved U.S. 2014
- Projected 2020 revenue for top drugs approved in U.S. 2015
- Breakdown value imported drugs Japan 2021, by category
- U.S. adults about their doctor's up-to-date pharma research knowledge 2017
- U.S. adults with impression they are receiving unnecessary prescription drug 2017
- U.S. adults that trust their doctor in prescribing appropriate drugs
- Top drug classes prescribed to seniors living in LTC in Canada 2021, by rate of use
- Usage rate of top drug classes prescribed to seniors in Canada by age 2021
- Per capita health care spending in U.S., Canada and Germany 2010-2017
- Top drug classes prescribed to seniors in Canada by rate of use 2021
- Top drug classes prescribed to seniors in Canada by rate of chronic use 2021
- Revenue of top growing private specialty pharmacies in U.S. 2018
- Spending on pharmaceuticals in the United Kingdom (UK) 2003-2014
- U.S. health system: Co-payments for medication
- Number of outpatient consultations in India FY 2021, by sector and specialty
OECD. (July 18, 2023). Pharmaceutical expenditure as share of the GDP of South Korea from 2000 to 2022 [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/
OECD. "Pharmaceutical expenditure as share of the GDP of South Korea from 2000 to 2022." Chart. July 18, 2023. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/
OECD. (2023). Pharmaceutical expenditure as share of the GDP of South Korea from 2000 to 2022. Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/
OECD. "Pharmaceutical Expenditure as Share of The Gdp of South Korea from 2000 to 2022." Statista, Statista Inc., 18 Jul 2023, https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/
OECD, Pharmaceutical expenditure as share of the GDP of South Korea from 2000 to 2022 Statista, https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/ (last visited May 04, 2024)
Pharmaceutical expenditure as share of the GDP of South Korea from 2000 to 2022 [Graph], OECD, July 18, 2023. [Online]. Available: https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/