Annual government taxes and social contributions receipts — Taxes on in Korea
Korea: Annual government taxes and social contributions receipts — Taxes on was 192.03 million National currency in 2024. ◆ Volatile
Annual government taxes and social contributions receipts — Taxes on in Korea, 1975–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual government taxes and social contributions receipts — taxes on in Korea stood at 192.03 million National currency.
Compared with earlier readings it is up 5.7% on the previous year and up 43.8% over ten years.
Over the whole period, annual government taxes and social contributions receipts — taxes on in Korea peaked at 195.83 million National currency in 2022 and was at its lowest, 1.06 million National currency, in 1975.
The series is highly variable year to year, so single readings are best treated with caution.
Annual government taxes and social contributions receipts — Taxes on in Korea, year by year
| Year | National currency | Change |
|---|---|---|
| 1975 | 1.06 million National currency | — |
| 1976 | 1.50 million National currency | +41.3% |
| 1977 | 1.97 million National currency | +31.5% |
| 1978 | 2.76 million National currency | +40.4% |
| 1979 | 3.57 million National currency | +29.2% |
| 1980 | 4.44 million National currency | +24.4% |
| 1981 | 5.45 million National currency | +22.6% |
| 1982 | 6.25 million National currency | +14.7% |
| 1983 | 7.83 million National currency | +25.3% |
| 1984 | 8.42 million National currency | +7.5% |
| 1985 | 8.98 million National currency | +6.7% |
| 1986 | 10.30 million National currency | +14.7% |
| 1987 | 11.94 million National currency | +16.0% |
| 1988 | 13.81 million National currency | +15.7% |
| 1989 | 15.03 million National currency | +8.8% |
| 1990 | 19.41 million National currency | +29.2% |
| 1991 | 21.76 million National currency | +12.1% |
| 1992 | 25.22 million National currency | +15.9% |
| 1993 | 27.97 million National currency | +10.9% |
| 1994 | 33.75 million National currency | +20.7% |
| 1995 | 39.43 million National currency | +16.8% |
| 1996 | 46.53 million National currency | +18.0% |
| 1997 | 51.60 million National currency | +10.9% |
| 1998 | 45.08 million National currency | -12.6% |
| 1999 | 56.42 million National currency | +25.1% |
| 2000 | 64.42 million National currency | +14.2% |
| 2001 | 72.57 million National currency | +12.7% |
| 2002 | 82.72 million National currency | +14.0% |
| 2003 | 85.93 million National currency | +3.9% |
| 2004 | 86.10 million National currency | +0.2% |
| 2005 | 92.06 million National currency | +6.9% |
| 2006 | 96.34 million National currency | +4.7% |
| 2007 | 103.74 million National currency | +7.7% |
| 2008 | 109.57 million National currency | +5.6% |
| 2009 | 110.31 million National currency | +0.7% |
| 2010 | 123.66 million National currency | +12.1% |
| 2011 | 124.98 million National currency | +1.1% |
| 2012 | 128.75 million National currency | +3.0% |
| 2013 | 128.59 million National currency | -0.1% |
| 2014 | 133.56 million National currency | +3.9% |
| 2015 | 142.97 million National currency | +7.0% |
| 2016 | 154.03 million National currency | +7.7% |
| 2017 | 163.21 million National currency | +6.0% |
| 2018 | 168.89 million National currency | +3.5% |
| 2019 | 168.64 million National currency | -0.1% |
| 2020 | 175.97 million National currency | +4.3% |
| 2021 | 193.47 million National currency | +9.9% |
| 2022 | 195.83 million National currency | +1.2% |
| 2023 | 181.69 million National currency | -7.2% |
| 2024 | 192.03 million National currency | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.17 million National currency | 1.06 million National currency | 3.57 million National currency | 5 |
| 1980s | 9.24 million National currency | 4.44 million National currency | 15.03 million National currency | 10 |
| 1990s | 36.72 million National currency | 19.41 million National currency | 56.42 million National currency | 10 |
| 2000s | 90.37 million National currency | 64.42 million National currency | 110.31 million National currency | 10 |
| 2010s | 143.73 million National currency | 123.66 million National currency | 168.89 million National currency | 10 |
| 2020s | 187.80 million National currency | 175.97 million National currency | 195.83 million National currency | 5 |
Countries ranked near Korea
More economy & growth data for Korea
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- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is annual government taxes and social contributions receipts — taxes on in Korea?
- Annual government taxes and social contributions receipts — taxes on in Korea was 192.03 million National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual government taxes and social contributions receipts — taxes on recorded in Korea?
- The highest recorded value was 195.83 million National currency in 2022.
- What is the lowest annual government taxes and social contributions receipts — taxes on recorded in Korea?
- The lowest recorded value was 1.06 million National currency in 1975.
- How does Korea rank for annual government taxes and social contributions receipts — taxes on?
- Korea ranks 1st out of 3 groups with data for 2024.
- Is annual government taxes and social contributions receipts — taxes on rising or falling in Korea?
- Over the last ten years it is up 43.8%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Annual government taxes and social contributions receipts — Taxes on products. Statizoid updates them automatically from the source API.
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About this data
This table presents taxes and social contribution receipts for General Government and its sub-sectors: central, local and state (regional) government and social security, as well as for institutions of the European Union. Total tax receipts comprise taxes on production and imports, current taxes on income wealth etc. and capital taxes. Social contribution receipts comprise actual and imputed social contributions. The presentation is on a country-by-country basis. Users are recommended to select one country (or area) at a time in the ‘Reference area’ filter. Data is presented for each country in national currency as well as in euros for the European Union and the euro area. These indicators were presented in the previous dissemination system in the SNA_TABLE10 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the Government Finances and Public Sector Debt webpage: Government Finances and Public Sector Debt webpage OECD statistics contact: STAT.Contact@oecd.org