Colombia vs Korea: Government revenues as a share of GDP

Colombia
35.0%
in 2023
Korea
34.0%
in 2023
Colombia rank
61st
Korea rank
64th

Government revenues as a share of GDP over time

  • Colombia
  • Korea
010203040200020112023

How they compare

Colombia currently reports 35.0% against 34.0% in Korea, a difference of 1.0%.

The two have swapped places 8 times across 24 shared years of data; in 2000 it was Colombia ahead.

Colombia ranks 61st and Korea ranks 64th of 174 countries.

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

Head to head by decade

Decade Colombia Korea Difference Ahead
2000s 21.6% 21.2% 0.4% Colombia
2010s 29.3% 29.9% 0.6% Korea
2020s 30.9% 34.3% 3.4% Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government revenues as a share of gdp, Colombia or Korea?
Colombia, at 35.0% against 34.0% in Korea as of 2023.
What is the difference in government revenues as a share of gdp between Colombia and Korea?
1.0%, with Colombia ahead.
How many years of comparable data are there for Colombia and Korea?
24 years are reported by both, from 2000 to 2023.
How do Colombia and Korea rank globally for government revenues as a share of gdp?
Colombia ranks 61st 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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Colombia vs Korea: Government revenues as a share of GDP. Statizoid, drawing on International Monetary Fund – with minor processing by Our World in Data. Retrieved 14 September 2026, from https://economy.statizoid.com/compare/government-revenues-as-a-share-of-gdp-imf/colombia/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.