Republic of Korea vs Mongolia: Government revenues as a share of GDP
Republic of Korea
34.0%
in 2023
Mongolia
33.7%
in 2021
Republic of Korea rank
64th
Mongolia rank
67th
Government revenues as a share of GDP over time
- Republic of Korea
- Mongolia
How they compare
Republic of Korea currently reports 34.0% against 33.7% in Mongolia, a difference of 0.3%.
The two have swapped places 5 times across 20 shared years of data; in 2000 it was Mongolia ahead.
Republic of Korea ranks 64th and Mongolia ranks 67th of 174 countries.
Across the 3 decades both report, Republic of Korea averaged higher in 1 and Mongolia in 2.
Head to head by decade
| Decade | Republic of Korea | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 21.8% | 34.7% | 12.9% | Mongolia |
| 2010s | 29.9% | 30.6% | 0.7% | Mongolia |
| 2020s | 33.4% | 33.4% | 0.0% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher government revenues as a share of gdp, Republic of Korea or Mongolia?
- Republic of Korea, at 34.0% against 33.7% in Mongolia as of 2023.
- What is the difference in government revenues as a share of gdp between Republic of Korea and Mongolia?
- 0.3%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Mongolia?
- 20 years are reported by both, from 2000 to 2021.
- How do Republic of Korea and Mongolia rank globally for government revenues as a share of gdp?
- Republic of Korea ranks 64th and Mongolia ranks 67th of 174 countries.
- Where does this data come from?
- International Monetary Fund β 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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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.