Australia vs Korea: Government revenues as a share of GDP

Australia
34.0%
in 2022
Korea
34.0%
in 2023
Australia rank
65th
Korea rank
64th

Government revenues as a share of GDP over time

  • Australia
  • Korea
010203040200020112023

How they compare

Korea currently reports 34.0% against 34.0% in Australia, a difference of 0.0%.

The two have swapped places 1 time across 23 shared years of data; in 2000 it was Australia ahead.

Australia ranks 65th and Korea ranks 64th of 174 countries.

Across the 3 decades both report, Australia averaged higher in 2 and Korea in 1.

Head to head by decade

Decade Australia Korea Difference Ahead
2000s 34.4% 21.2% 13.3% Australia
2010s 33.0% 29.9% 3.1% Australia
2020s 33.9% 34.3% 0.4% Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government revenues as a share of gdp, Australia or Korea?
Korea, at 34.0% against 34.0% in Australia as of 2023.
What is the difference in government revenues as a share of gdp between Australia and Korea?
0.0%, with Korea ahead.
How many years of comparable data are there for Australia and Korea?
23 years are reported by both, from 2000 to 2022.
How do Australia and Korea rank globally for government revenues as a share of gdp?
Australia ranks 65th and Korea ranks 64th of 174 countries.
Where does this data come from?
International Monetary Fund – with minor processing by Our World in Data, published as Government revenues as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Korea: Government revenues as a share of GDP. Statizoid, drawing on International Monetary Fund – with minor processing by Our World in Data. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/government-revenues-as-a-share-of-gdp-imf/australia/korea-rep/

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About this data

Indicator
Government revenues as a share of GDP
Unit
%
Source
International Monetary Fund – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
174 places, 3,311 data points, 2000–2023
Last refreshed

Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.