Contact Contacts
Tax revenue (% of GDP) — all countries

Tax revenue (% of GDP) — South Korea

Tax revenue (% of GDP) in South Korea in 2024 — 13.29%. Ranked 67 in the world out of 89. Since 1972, the indicator has risen by 2.27 pp.

2024 13.29% −1.31 pp vs 2023
World rank 67of 89
Period maximum 17.16%2022
Period minimum 10.33%1973

Trend over time

1972–2024 · % of GDP

Tax revenue (% of GDP) — South Korea, 1972–2024101214161819721978198419901996200220082014202020241972: 11.02%1973: 10.33%1974: 11.39%1975: 13.01%1976: 14.24%1977: 13.91%1978: 14.32%1979: 14.5%1980: 14.41%1981: 14.39%1982: 14.41%1983: 14.49%1984: 13.58%1985: 13.18%1986: 12.89%1987: 13.08%1988: 12.99%1989: 12.47%1990: 13.02%1991: 12.16%1992: 12.34%1993: 12.1%1994: 12.28%1995: 12.56%1996: 12.79%1997: 12.48%1998: 12.18%1999: 12.34%2000: 13.75%2001: 13.07%2002: 12.78%2003: 13.21%2004: 12.49%2005: 12.81%2006: 13.2%2007: 14.23%2008: 13.91%2009: 13.11%2010: 12.88%2011: 13.28%2012: 13.47%2013: 13.02%2014: 12.63%2015: 12.53%2016: 13.28%2017: 13.76%2018: 14.69%2019: 14.33%2020: 14.01%2021: 15.67%2022: 17.16%2023: 14.6%2024: 13.29%
Change over the period: +2.27 pp Annual average: 0.04 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: South Korea

South Korea 13.29%
World 13.82%
Tax revenue (% of GDP) — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2024 13.29 −1.31 pp
2023 14.6 −2.56 pp
2022 17.16 +1.49 pp
2021 15.67 +1.66 pp
2020 14.01 −0.32 pp
2019 14.33 −0.36 pp
2018 14.69 +0.94 pp
2017 13.76 +0.48 pp
2016 13.28 +0.75 pp
2015 12.53 −0.1 pp
2014 12.63 −0.39 pp
2013 13.02 −0.45 pp
2012 13.47 +0.19 pp
2011 13.28 +0.4 pp
2010 12.88 −0.22 pp
2009 13.11 −0.8 pp
2008 13.91 −0.32 pp
2007 14.23 +1.03 pp
2006 13.2 +0.39 pp
2005 12.81 +0.32 pp
2004 12.49 −0.72 pp
2003 13.21 +0.42 pp
2002 12.78 −0.29 pp
2001 13.07 −0.68 pp
2000 13.75 +1.41 pp
1999 12.34 +0.16 pp
1998 12.18 −0.3 pp
1997 12.48 −0.32 pp
1996 12.79 +0.24 pp
1995 12.56 +0.28 pp
1994 12.28 +0.18 pp
1993 12.1 −0.24 pp
1992 12.34 +0.17 pp
1991 12.16 −0.86 pp
1990 13.02 +0.55 pp
1989 12.47 −0.52 pp
1988 12.99 −0.09 pp
1987 13.08 +0.18 pp
1986 12.89 −0.28 pp
1985 13.18 −0.4 pp
1984 13.58 −0.91 pp
1983 14.49 +0.09 pp
1982 14.41 +0.02 pp
1981 14.39 −0.02 pp
1980 14.41 −0.09 pp
1979 14.5 +0.18 pp
1978 14.32 +0.41 pp
1977 13.91 −0.33 pp
1976 14.24 +1.23 pp
1975 13.01 +1.62 pp
1974 11.39 +1.06 pp
1973 10.33 −0.69 pp
1972 11.02 —

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

MO Macao 27.42 MN Mongolia 16.85 KR South Korea 13.29 CN China 7.02
Full table for all countries

About the indicator

Central government tax revenue as a percent of GDP, excluding compulsory social contributions and revenue from fines and penalties. A level of 15% of GDP is considered the minimum threshold at which a state is able to provide basic services and infrastructure.

Important: Only the central budget is counted — in federal states the overall tax burden is substantially higher.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for South Korea

Public Finance Government revenue

How much the state collects in a year — all revenue except foreign grants.

South Korea by year Public Finance Government expense

How much the state spends in a year — including wages, pensions, benefits and interest on debt.

South Korea by year Economy Government consumption (% of GDP)

The share of GDP taken by government final consumption spending.

South Korea by year Public Finance Government debt

Gross general government debt as a percent of GDP.

South Korea by year
All indicators for South Korea