Government revenue in South Korea in 2024 — 25.77%. Ranked 53 in the world out of 89. Since 1972, the indicator has risen by 13.03 pp.
1972–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: South Korea
| Year | % | Change, pp |
|---|---|---|
| 2024 | 25.77 | −1.58 pp |
| 2023 | 27.35 | −2.42 pp |
| 2022 | 29.77 | +1.75 pp |
| 2021 | 28.02 | +1.72 pp |
| 2020 | 26.31 | +0.01 pp |
| 2019 | 26.29 | +0.33 pp |
| 2018 | 25.96 | +1.11 pp |
| 2017 | 24.85 | +0.39 pp |
| 2016 | 24.46 | +0.83 pp |
| 2015 | 23.63 | −0.2 pp |
| 2014 | 23.84 | −1.11 pp |
| 2013 | 24.95 | −0.56 pp |
| 2012 | 25.51 | +5.67 pp |
| 2011 | 19.84 | +0.57 pp |
| 2010 | 19.27 | −0.29 pp |
| 2009 | 19.56 | −0.94 pp |
| 2008 | 20.5 | −0.3 pp |
| 2007 | 20.8 | +1.09 pp |
| 2006 | 19.71 | +0.76 pp |
| 2005 | 18.95 | +0.36 pp |
| 2004 | 18.59 | −0.79 pp |
| 2003 | 19.38 | +0.26 pp |
| 2002 | 19.11 | −0.25 pp |
| 2001 | 19.36 | −0.56 pp |
| 2000 | 19.93 | +2.64 pp |
| 1999 | 17.29 | +0.17 pp |
| 1998 | 17.12 | +0.94 pp |
| 1997 | 16.19 | −0.15 pp |
| 1996 | 16.34 | +0.67 pp |
| 1995 | 15.67 | +0.16 pp |
| 1994 | 15.51 | +0.21 pp |
| 1993 | 15.3 | +0.34 pp |
| 1992 | 14.97 | +0.59 pp |
| 1991 | 14.38 | −0.78 pp |
| 1990 | 15.16 | +0.22 pp |
| 1989 | 14.94 | −0.07 pp |
| 1988 | 15.01 | +0.23 pp |
| 1987 | 14.78 | −0.09 pp |
| 1986 | 14.87 | −0.35 pp |
| 1985 | 15.22 | −0.34 pp |
| 1984 | 15.56 | −0.86 pp |
| 1983 | 16.42 | −0.48 pp |
| 1982 | 16.9 | +0.03 pp |
| 1981 | 16.87 | +0.2 pp |
| 1980 | 16.67 | +0.35 pp |
| 1979 | 16.31 | +0.34 pp |
| 1978 | 15.97 | +0.43 pp |
| 1977 | 15.54 | −0.19 pp |
| 1976 | 15.73 | +1.38 pp |
| 1975 | 14.35 | +1.74 pp |
| 1974 | 12.61 | +0.85 pp |
| 1973 | 11.76 | −0.98 pp |
| 1972 | 12.74 | — |
The same indicator for neighboring countries — with links to their pages
Central government revenue excluding grants, as a percent of GDP. Beyond taxes it includes non-tax receipts: dividends of state-owned companies, revenue from the sale of extraction rights, duties and fees. That is why the difference between this indicator and tax revenue says something about the structure of a state: in commodity countries it is large, because a substantial part of the budget comes not from taxes but from rent.
Important: Grants are excluded deliberately: in the poorest countries foreign aid can make up a substantial part of the budget, and with it included the indicator would no longer measure the ability of a state to raise revenue.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much the state spends in a year — including wages, pensions, benefits and interest on debt.
Public Finance Budget balanceThe budget deficit or surplus as a percent of GDP. A negative value means spending exceeds revenue.
Public Finance Tax revenue (% of GDP)Taxes collected as a percent of GDP — the fiscal capacity of the state.
Public Finance Government debtGross general government debt as a percent of GDP.
