Finland vs Korea: Share of central government spending funded by taxes
Finland
55.0%
in 2023
Korea
55.2%
in 2023
Finland rank
98th
Korea rank
97th
Share of central government spending funded by taxes over time
- Finland
- Korea
How they compare
Korea currently reports 55.2% against 55.0% in Finland, a difference of 0.2%.
The two have swapped places 2 times across 24 shared years of data; in 2000 it was Korea ahead.
Finland ranks 98th and Korea ranks 97th of 174 countries.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Finland | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 64.5% | 76.2% | 11.7% | Korea |
| 2010s | 56.7% | 62.0% | 5.3% | Korea |
| 2020s | 56.9% | 57.9% | 1.0% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of central government spending funded by taxes, Finland or Korea?
- Korea, at 55.2% against 55.0% in Finland as of 2023.
- What is the difference in share of central government spending funded by taxes between Finland and Korea?
- 0.2%, with Korea ahead.
- How many years of comparable data are there for Finland and Korea?
- 24 years are reported by both, from 2000 to 2023.
- How do Finland and Korea rank globally for share of central government spending funded by taxes?
- Finland ranks 98th and Korea ranks 97th of 174 countries.
- Where does this data come from?
- International Monetary Fund – with minor processing by Our World in Data, published as Share of central government spending funded by taxes. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.