Australia vs Korea: Revenue, excluding grants
Australia
26.1%
in 2022
Korea
25.8%
in 2024
Australia rank
72nd
Korea rank
75th
Revenue, excluding grants over time
- Australia
- Korea
How they compare
Australia currently reports 26.1% against 25.8% in Korea, a difference of 0.3%.
The two have swapped places 3 times across 51 shared years of data; in 1972 it was Australia ahead.
Australia ranks 72nd and Korea ranks 75th of 157 countries.
Across the 6 decades both report, Australia averaged higher in 5 and Korea in 1.
Head to head by decade
| Decade | Australia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 21.6% | 14.4% | 7.2% | Australia |
| 1980s | 24.5% | 15.7% | 8.7% | Australia |
| 1990s | 23.5% | 15.8% | 7.7% | Australia |
| 2000s | 26.3% | 19.6% | 6.7% | Australia |
| 2010s | 24.3% | 23.9% | 0.5% | Australia |
| 2020s | 25.6% | 28.0% | 2.4% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher revenue, excluding grants, Australia or Korea?
- Australia, at 26.1% against 25.8% in Korea as of 2022.
- What is the difference in revenue, excluding grants between Australia and Korea?
- 0.3%, with Australia ahead.
- How many years of comparable data are there for Australia and Korea?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Korea rank globally for revenue, excluding grants?
- Australia ranks 72nd and Korea ranks 75th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Revenue, excluding grants (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.