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South Korea: Central government revenue (% of GDP)

Percent of GDP · 1911–2024 · 101 observations · forecasts to 2026 · cgovrev_GDP

2024
26.4%percent of GDP
Change on 2023
−1.4 pointsfrom 27.8%
Average, 2015–2024
26.6%10 years
Record high and low
31.2% (1955)low 8.06% (1919)

Central government revenue (% of GDP)

Report error
5%10%15%20%25%30%35%192019401960198020002020South KoreaSouth Korea
ForecastPercent of GDP

Compare with other countries →Definition of Central government revenue (% of GDP)

Recent values

Percent of GDP

YearValue
202625.7Forecast
202526.0Forecast
202426.4
202327.8
202230.1
202128.4
202026.7
201926.6
201826.3
201725.1
201624.7
201523.5

Sources

  • Cha et al.1911–2015
  • Mitchell1957–2010
  • World Development Indicators1972–2024
  • IMF Government Finance Statistics2012–2024
  • Min. of Economy and Finance, Korea2017–2024

Compare these sources →

South Korea documentation (PDF)

More for South Korea

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 76 series →

Central government revenue (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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