In 2021, pharmaceutical spending in South Korea amounted to around 1.63 percent of the total Gross Domestic Product (GDP). This represents a slight decrease from the previous year. While pharmaceutical spending in relation to GDP was on the fall during the first half of the decade, it has generally been on the rise since 2015.
Pharmaceutical expenditure as share of the GDP of South Korea from 2008 to 2021
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Statistics on Pharmaceutical industry in South Korea
Overview
5
- Premium Statistic Pharmaceutical market: worldwide revenue 2001-2021
- Premium Statistic Pharmaceuticals market size South Korea 2008-2020
- Basic Statistic Pharmaceutical spending as share of GDP South Korea 2008-2021
- Basic Statistic Pharmaceutical spending per capita in South Korea 2000-2021
- Premium Statistic Number of pharmaceutical manufacturers South Korea 2008-2021
Production and distribution
6
- Basic Statistic Pharmaceutical production value South Korea 2010-2021
- Premium Statistic OTC drug products production value South Korea 2010-2020
- Premium Statistic Prescription drug products production value South Korea 2010-2020
- Premium Statistic Leading pharmaceutical products South Korea 2020, by production value
- Premium Statistic Number of pharmaceutical distributors South Korea 2010-2020
- Premium Statistic Number of pharmaceutical distributors South Korea 2020, by type
International trade
6
- Premium Statistic Pharmaceutical export value from South Korea 2012-2021
- Premium Statistic Leading countries for pharmaceutical exports South Korea 2020, by export value
- Premium Statistic Biopharmaceuticals export value from South Korea 2012-2021
- Premium Statistic Pharmaceutical import value in South Korea 2012-2021
- Premium Statistic Leading countries for pharmaceutical imports South Korea 2020, by import value
- Premium Statistic Biopharmaceutical import value in South Korea 2012-2021
Key players
6
- Premium Statistic Leading pharmaceutical businesses South Korea 2021, by revenue
- Premium Statistic Yuhan's sales revenue 2015-2021
- Premium Statistic Revenue of GC Pharma 2015-2021
- Premium Statistic Revenue of Chong Kun Dang 2015-2021
- Premium Statistic Annual sales revenue of Kwang Dong Pharmaceutical 2011-2021
- Premium Statistic Hanmi Pharmaceutical sales revenue 2017-2021
OTC pharmaceuticals
6
- Premium Statistic Types of pharmaceutical drugs produced in South Korea 2021, by production value
- Premium Statistic Annual production value of OTC drugs in South Korea 2011-2021
- Premium Statistic Leading generic drugs South Korea 2019, by production value
- Premium Statistic Annual import value of OTC drugs in South Korea 2011-2021
- Premium Statistic Types of pharmaceutical drugs imported into South Korea 2021, by import value share
- Premium Statistic Amount of medication supplied to medical facilities South Korea 2021, by supply value
Further related statistics
16
- Projected 2019 revenue for top drugs approved U.S. 2014
- Projected 2018 revenue for top 10 drugs approved U.S. 2013
- 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 2016, by rate of use
- Usage rate of top drug classes prescribed to seniors in Canada 2016, by age
- Revenue of top growing private specialty pharmacies in U.S. 2018
- Spending on pharmaceuticals in the United Kingdom (UK) 2003-2014
- Top drug classes prescribed to seniors in Canada 2016, by rate of use
- Top drug classes prescribed to seniors in Canada 2016, by rate of chronic use
- Per capita health care spending in U.S., Canada and Germany 2010-2017
- 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 2019 revenue for top drugs approved U.S. 2014
- Projected 2018 revenue for top 10 drugs approved U.S. 2013
- 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 2016, by rate of use
- Usage rate of top drug classes prescribed to seniors in Canada 2016, by age
- Revenue of top growing private specialty pharmacies in U.S. 2018
- Spending on pharmaceuticals in the United Kingdom (UK) 2003-2014
- Top drug classes prescribed to seniors in Canada 2016, by rate of use
- Top drug classes prescribed to seniors in Canada 2016, by rate of chronic use
- Per capita health care spending in U.S., Canada and Germany 2010-2017
- U.S. health system: Co-payments for medication
- Number of outpatient consultations in India FY 2021, by sector and specialty
OECD. (November 30, 2022). Pharmaceutical expenditure as share of the GDP of South Korea from 2008 to 2021 [Graph]. In Statista. Retrieved January 29, 2023, 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 2008 to 2021." Chart. November 30, 2022. Statista. Accessed January 29, 2023. https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/
OECD. (2022). Pharmaceutical expenditure as share of the GDP of South Korea from 2008 to 2021. Statista. Statista Inc.. Accessed: January 29, 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 2008 to 2021." Statista, Statista Inc., 30 Nov 2022, https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/
OECD, Pharmaceutical expenditure as share of the GDP of South Korea from 2008 to 2021 Statista, https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/ (last visited January 29, 2023)
Pharmaceutical expenditure as share of the GDP of South Korea from 2008 to 2021 [Graph], OECD, November 30, 2022. [Online]. Available: https://www.statista.com/statistics/976474/south-korea-pharmaceutical-spending-gdp-share/