The Chosun Ilbo (English Edition): Daily News from Korea - Individual Charitable Donations on the Rise: Total donations from individuals in Korea still lag far behind those in advanced countries with just 0.54 percent of GDP according to 2008 figures by the National Tax Service. That is similar to Australia's 0.69 percent and South Africa's 0.65 percent, but just one-third of 1.67 percent in the U.S.
The average Korean donates W199,000 a year, a mere one-seventh of US$1,220 (W1.43 million) in the U.S. and one-third of 372 pounds (W670,000) in Britain. Despite the promising growth of individual donations, they still do not match Korea’s status as the world's 13th biggest economic power.
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