Annual simplified non-financial accounts by institutional sector in Korea
Korea: Annual simplified non-financial accounts by institutional sector was 227.24 million National currency in 2024. ◆ Volatile
Annual simplified non-financial accounts by institutional sector in Korea, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in National currency.
Analysis
In 2024, annual simplified non-financial accounts by institutional sector in Korea stood at 227.24 million National currency.
That represents a change of up 5.0% on the previous year and up 48.5% over ten years.
Over the whole period, annual simplified non-financial accounts by institutional sector in Korea peaked at 234.32 million National currency in 2022 and was at its lowest, 266,700 National currency, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Annual simplified non-financial accounts by institutional sector in Korea, year by year
| Year | National currency | Change |
|---|---|---|
| 1970 | 266,700 National currency | — |
| 1971 | 316,700 National currency | +18.7% |
| 1972 | 355,000 National currency | +12.1% |
| 1973 | 462,800 National currency | +30.4% |
| 1974 | 762,100 National currency | +64.7% |
| 1975 | 1.15 million National currency | +50.7% |
| 1976 | 1.62 million National currency | +41.4% |
| 1977 | 2.12 million National currency | +30.4% |
| 1978 | 2.94 million National currency | +38.8% |
| 1979 | 3.86 million National currency | +31.2% |
| 1980 | 4.81 million National currency | +24.9% |
| 1981 | 5.91 million National currency | +22.7% |
| 1982 | 6.78 million National currency | +14.8% |
| 1983 | 8.44 million National currency | +24.5% |
| 1984 | 9.11 million National currency | +7.8% |
| 1985 | 9.74 million National currency | +6.9% |
| 1986 | 11.15 million National currency | +14.5% |
| 1987 | 12.91 million National currency | +15.8% |
| 1988 | 14.94 million National currency | +15.8% |
| 1989 | 16.41 million National currency | +9.8% |
| 1990 | 21.15 million National currency | +28.9% |
| 1991 | 24.08 million National currency | +13.9% |
| 1992 | 27.98 million National currency | +16.2% |
| 1993 | 31.23 million National currency | +11.6% |
| 1994 | 37.65 million National currency | +20.6% |
| 1995 | 44.11 million National currency | +17.2% |
| 1996 | 51.83 million National currency | +17.5% |
| 1997 | 57.36 million National currency | +10.7% |
| 1998 | 50.42 million National currency | -12.1% |
| 1999 | 61.75 million National currency | +22.5% |
| 2000 | 70.02 million National currency | +13.4% |
| 2001 | 78.38 million National currency | +11.9% |
| 2002 | 88.66 million National currency | +13.1% |
| 2003 | 92.30 million National currency | +4.1% |
| 2004 | 93.51 million National currency | +1.3% |
| 2005 | 99.74 million National currency | +6.7% |
| 2006 | 106.34 million National currency | +6.6% |
| 2007 | 116.16 million National currency | +9.2% |
| 2008 | 123.11 million National currency | +6.0% |
| 2009 | 122.91 million National currency | -0.2% |
| 2010 | 137.47 million National currency | +11.8% |
| 2011 | 142.00 million National currency | +3.3% |
| 2012 | 145.91 million National currency | +2.8% |
| 2013 | 146.30 million National currency | +0.3% |
| 2014 | 153.01 million National currency | +4.6% |
| 2015 | 164.26 million National currency | +7.4% |
| 2016 | 176.14 million National currency | +7.2% |
| 2017 | 186.72 million National currency | +6.0% |
| 2018 | 194.18 million National currency | +4.0% |
| 2019 | 196.97 million National currency | +1.4% |
| 2020 | 207.47 million National currency | +5.3% |
| 2021 | 230.69 million National currency | +11.2% |
| 2022 | 234.32 million National currency | +1.6% |
| 2023 | 216.41 million National currency | -7.6% |
| 2024 | 227.24 million National currency | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.39 million National currency | 266,700 National currency | 3.86 million National currency | 10 |
| 1980s | 10.02 million National currency | 4.81 million National currency | 16.41 million National currency | 10 |
| 1990s | 40.76 million National currency | 21.15 million National currency | 61.75 million National currency | 10 |
| 2000s | 99.11 million National currency | 70.02 million National currency | 123.11 million National currency | 10 |
| 2010s | 164.30 million National currency | 137.47 million National currency | 196.97 million National currency | 10 |
| 2020s | 223.23 million National currency | 207.47 million National currency | 234.32 million National currency | 5 |
Countries ranked near Korea
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 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 simplified non-financial accounts by institutional sector in Korea?
- Annual simplified non-financial accounts by institutional sector in Korea was 227.24 million National currency in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest annual simplified non-financial accounts by institutional sector recorded in Korea?
- The highest recorded value was 234.32 million National currency in 2022.
- What is the lowest annual simplified non-financial accounts by institutional sector recorded in Korea?
- The lowest recorded value was 266,700 National currency in 1970.
- How does Korea rank for annual simplified non-financial accounts by institutional sector?
- Korea ranks 1st out of 3 groups with data for 2024.
- Is annual simplified non-financial accounts by institutional sector rising or falling in Korea?
- Over the last ten years it is up 48.5%. 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 simplified non-financial accounts by institutional sector (Revenue) — Taxes on production and imports. Statizoid updates them automatically from the source API.
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About this data
This table presents the Revenue (or Resources) lines, not including the balancing items, for a simplified sequence of non-financial accounts from the generation of income account to the capital account. This table is designed to be used in conjunction with the tables entitled ‘Annual simplified non-financial accounts by institutional sector (Expenditure) and ‘Annual simplified non-financial accounts by institutional sector (Balancing items)’. The data is presented for the economy of each country (or area) as a whole and also for Corporations (both non-financial and financial), General Government, and Households and non-profit institutions serving households (NPISHs). 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. Alternatively, specific lines within the sequence can be selected using the ‘Transaction’ filter to compare an item for combinations of sectors, countries and time periods. These indicators were presented in the previous dissemination system in the SNA_TABLE13 dataset. See ANA Changes for information on changes in methodology: ANA Changes Explore also the GDP and non-financial accounts webpage: GDP and non-financial accounts webpage OECD statistics contact: STAT.Contact@oecd.org