Which figure represents Korea's healthcare expenditure as a share of GDP?

Which figure represents Korea's healthcare expenditure as a share of GDP?

• A. 2.83/1000
• B. 41 per million
• C. 8.4%
• D. 87.2

Answer: (C)

Healthcare expenditure as a share of GDP is reported as a percentage of the economy’s output. Korea’s health spending relative to its GDP is typically around 8%, so a figure like 8.4% directly represents that share. The other options use different units or magnitudes that don’t describe a GDP share: per thousand or per million are not used for this measure, and 87.2% would be unrealistically high. Thus, 8.4% is the correct representation.

Healthcare expenditure as a share of GDP is reported as a percentage of the economy’s output. Korea’s health spending relative to its GDP is typically around 8%, so a figure like 8.4% directly represents that share. The other options use different units or magnitudes that don’t describe a GDP share: per thousand or per million are not used for this measure, and 87.2% would be unrealistically high. Thus, 8.4% is the correct representation.