Subnational government tax revenue in Korea
Korea: Subnational government tax revenue was 17.97 Percentage of GDP in 2024. ▲ Rising
Subnational government tax revenue in Korea, 2000–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Korea recorded 17.97 Percentage of GDP for subnational government tax revenue in 2024.
Compared with earlier readings it is down 7.3% on the previous year and up 8.8% over ten years.
Over the whole period, subnational government tax revenue in Korea peaked at 22.39 Percentage of GDP in 2022 and was at its lowest, 16.17 Percentage of GDP, in 2004.
The long-run direction has been consistently rising across the 25 years of available data.
Subnational government tax revenue in Korea, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 16.81 Percentage of GDP | — |
| 2001 | 16.75 Percentage of GDP | -0.4% |
| 2002 | 16.64 Percentage of GDP | -0.7% |
| 2003 | 17.12 Percentage of GDP | +2.8% |
| 2004 | 16.17 Percentage of GDP | -5.5% |
| 2005 | 16.68 Percentage of GDP | +3.1% |
| 2006 | 17.23 Percentage of GDP | +3.3% |
| 2007 | 18.18 Percentage of GDP | +5.5% |
| 2008 | 18 Percentage of GDP | -1.0% |
| 2009 | 16.8 Percentage of GDP | -6.7% |
| 2010 | 16.73 Percentage of GDP | -0.4% |
| 2011 | 17.21 Percentage of GDP | +2.9% |
| 2012 | 17.19 Percentage of GDP | -0.1% |
| 2013 | 16.56 Percentage of GDP | -3.7% |
| 2014 | 16.51 Percentage of GDP | -0.3% |
| 2015 | 16.73 Percentage of GDP | +1.3% |
| 2016 | 17.5 Percentage of GDP | +4.6% |
| 2017 | 18.01 Percentage of GDP | +2.9% |
| 2018 | 18.98 Percentage of GDP | +5.4% |
| 2019 | 18.87 Percentage of GDP | -0.6% |
| 2020 | 19.07 Percentage of GDP | +1.1% |
| 2021 | 20.85 Percentage of GDP | +9.3% |
| 2022 | 22.39 Percentage of GDP | +7.3% |
| 2023 | 19.39 Percentage of GDP | -13.4% |
| 2024 | 17.97 Percentage of GDP | -7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.04 Percentage of GDP | 16.17 Percentage of GDP | 18.18 Percentage of GDP | 10 |
| 2010s | 17.43 Percentage of GDP | 16.51 Percentage of GDP | 18.98 Percentage of GDP | 10 |
| 2020s | 19.93 Percentage of GDP | 17.97 Percentage of GDP | 22.39 Percentage of GDP | 5 |
Countries ranked near Korea
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 subnational government tax revenue in Korea?
- Subnational government tax revenue in Korea was 17.97 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest subnational government tax revenue recorded in Korea?
- The highest recorded value was 22.39 Percentage of GDP in 2022.
- What is the lowest subnational government tax revenue recorded in Korea?
- The lowest recorded value was 16.17 Percentage of GDP in 2004.
- How does Korea rank for subnational government tax revenue?
- Korea ranks 2nd out of 2 groups with data for 2024.
- Is subnational government tax revenue rising or falling in Korea?
- Over the last ten years it is up 8.8%. 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 Subnational government tax revenue. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under OECD Terms and Conditions (attribution required).
About this data
This dataset includes subnational government tax revenue expressed in several units of measures: USD PPP, USD PPP per capita, percentage of GDP, percentage of total public tax revenue and percentage of total subnational revenue. The Subnational Government Structure and Finance Dashboard compiles several datasets with comparable data on institutional organisation and public finance at subnational government level. It provides data for the time period 2000 - 2024 (based on data availability), for all 38 OECD member countries, and the average for the European Union. It includes data for the subnational government sector, for both state and local government levels for some federal countries. The data for the latest year available is also available in PDF format and via an Interactive dashboard.