Revenue Statistics in Asia and the Pacific - Comparative tax and in Korea
Korea: Revenue Statistics in Asia and the Pacific - Comparative tax and was 25.33 Percentage of GDP in 2024. ▲ Rising
Revenue Statistics in Asia and the Pacific - Comparative tax and in Korea, 1990–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Korea recorded 25.33 Percentage of GDP for revenue statistics in asia and the pacific - comparative tax and in 2024.
The figure is down 5.7% on the previous year and up 13.6% over ten years.
Over the whole period, revenue statistics in asia and the pacific - comparative tax and in Korea peaked at 29.75 Percentage of GDP in 2022 and was at its lowest, 17.51 Percentage of GDP, in 1992.
The long-run direction has been consistently rising across the 35 years of available data.
Revenue Statistics in Asia and the Pacific - Comparative tax and in Korea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1990 | 17.92 Percentage of GDP | — |
| 1991 | 17.61 Percentage of GDP | -1.7% |
| 1992 | 17.51 Percentage of GDP | -0.6% |
| 1993 | 17.81 Percentage of GDP | +1.7% |
| 1994 | 17.91 Percentage of GDP | +0.6% |
| 1995 | 18.1 Percentage of GDP | +1.1% |
| 1996 | 18.67 Percentage of GDP | +3.2% |
| 1997 | 18.31 Percentage of GDP | -1.9% |
| 1998 | 18.28 Percentage of GDP | -0.2% |
| 1999 | 18.55 Percentage of GDP | +1.5% |
| 2000 | 20.17 Percentage of GDP | +8.7% |
| 2001 | 20.46 Percentage of GDP | +1.4% |
| 2002 | 20.57 Percentage of GDP | +0.5% |
| 2003 | 21.21 Percentage of GDP | +3.1% |
| 2004 | 20.4 Percentage of GDP | -3.8% |
| 2005 | 20.84 Percentage of GDP | +2.1% |
| 2006 | 21.77 Percentage of GDP | +4.5% |
| 2007 | 22.79 Percentage of GDP | +4.7% |
| 2008 | 22.63 Percentage of GDP | -0.7% |
| 2009 | 21.8 Percentage of GDP | -3.7% |
| 2010 | 21.46 Percentage of GDP | -1.6% |
| 2011 | 22.22 Percentage of GDP | +3.6% |
| 2012 | 22.68 Percentage of GDP | +2.1% |
| 2013 | 22.11 Percentage of GDP | -2.5% |
| 2014 | 22.3 Percentage of GDP | +0.9% |
| 2015 | 22.61 Percentage of GDP | +1.4% |
| 2016 | 23.5 Percentage of GDP | +3.9% |
| 2017 | 24.06 Percentage of GDP | +2.4% |
| 2018 | 25.24 Percentage of GDP | +4.9% |
| 2019 | 25.68 Percentage of GDP | +1.7% |
| 2020 | 26.16 Percentage of GDP | +1.9% |
| 2021 | 27.86 Percentage of GDP | +6.5% |
| 2022 | 29.75 Percentage of GDP | +6.8% |
| 2023 | 26.87 Percentage of GDP | -9.7% |
| 2024 | 25.33 Percentage of GDP | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.07 Percentage of GDP | 17.51 Percentage of GDP | 18.67 Percentage of GDP | 10 |
| 2000s | 21.26 Percentage of GDP | 20.17 Percentage of GDP | 22.79 Percentage of GDP | 10 |
| 2010s | 23.19 Percentage of GDP | 21.46 Percentage of GDP | 25.68 Percentage of GDP | 10 |
| 2020s | 27.19 Percentage of GDP | 25.33 Percentage of GDP | 29.75 Percentage of GDP | 5 |
Countries ranked near Korea
- 1 Japan 33.73 Percentage of GDP compare
- 2 New Zealand 32.89 Percentage of GDP compare
- 2 Viet Nam 17.18 Percentage of GDP compare
- 3 Cook Islands 31.11 Percentage of GDP compare
- 3 Timor-Leste 10.02 Percentage of GDP compare
- 4 Marshall Islands 30.49 Percentage of GDP compare
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- 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 revenue statistics in asia and the pacific - comparative tax and in Korea?
- Revenue statistics in asia and the pacific - comparative tax and in Korea was 25.33 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in asia and the pacific - comparative tax and recorded in Korea?
- The highest recorded value was 29.75 Percentage of GDP in 2022.
- What is the lowest revenue statistics in asia and the pacific - comparative tax and recorded in Korea?
- The lowest recorded value was 17.51 Percentage of GDP in 1992.
- How does Korea rank for revenue statistics in asia and the pacific - comparative tax and?
- Korea ranks 1st out of 4 groups with data for 2024.
- Is revenue statistics in asia and the pacific - comparative tax and rising or falling in Korea?
- Over the last ten years it is up 13.6%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Asia and the Pacific - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Asia and the Pacific economies presented as a percentage of GDP and as a share of total tax or non-tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.