South Korea's ”lottery sales” are 26% lower than the OECD average

South Korea's lottery sales were found to be 26% lower than the OECD (Organization for Economic Co-operation and Development) average. On the 16th, Rep. Jung Tae-ho, a member of the Planning and Finance Committee of the Korean National Assembly, spoke to the Ministry of Planning and Finance (
According to the utility report obtained from the Ministry of Finance, the global lottery sales amount in 2021 was $301,910.2 million (approximately 45,155.2 billion yen).
Lottery sales in OECD member countries amounted to $230,689.4 million (approximately 34,503.1 billion yen), accounting for 76% of the world total. 34 OECD countries
Considering that lottery sales account for 61% of the total GDP (gross domestic product), it can be seen that lottery sales in developed countries are relatively active.
The country with the highest lottery sales is the United States at $102,538.3 million (approximately 15,336.2 billion yen), followed by Italy.
France followed. South Korea's sales amount was $5.0194 billion (approximately 750.7 billion yen), which is 26% lower than the OECD average of $6.785 billion (approximately 1.0148 trillion yen).
Ta. It was ranked 10th out of 34 countries. The ratio of lottery sales to GDP in OECD countries was 0.37%, with South Korea recording 0.28%.
The report examines the characteristics of lottery products, the socio-economic characteristics of lottery buyers, economic administrative and financial factors, and alternative gambling methods.
The appropriate size of the domestic lottery market was calculated based on the effects of As a result, the appropriate amount of lottery sales in South Korea in 2021 is estimated to be $6,334.5 million (approximately 947.4 billion yen).
It was. This is 1,325.1 million dollars (approximately 198.2 billion yen) more than the actual sales amount. The appropriate sales amount per person is 122 dollars (approximately 18,247 yen), which is 2 points lower than the actual sales amount.
That's about $5 (approximately 3,740 yen) more. The report pointed out that ``the speed of development of the Korean lottery industry has been slow due to social awareness and various regulations.'' ``The lottery is gambling.
The lottery industry has not been able to grow compared to the size of the economy due to the public's perception that the lottery is an industry and the lottery policy that focuses on regulation.
Congressman Chung said, ``While the lottery industry is a gambling industry, it is also used as a financial source for public interest industries.''
``Deregulation should take into account both of these two aspects and create a balanced policy.''