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South Korea: Central government tax revenue (% of GDP)

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

2024
13.3%percent of GDP
Change on 2023
−1.3 pointsfrom 14.6%
Average, 2015–2024
14.3%10 years
Record high and low
17.2% (2022)low 2.18% (1920)

Central government tax revenue (% of GDP)

Report error
2%4%6%8%10%12%14%16%18%192019401960198020002020South KoreaSouth Korea
ForecastPercent of GDP

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

Recent values

Percent of GDP

YearValue
202612.5Forecast
202512.8Forecast
202413.3
202314.6
202217.2
202115.7
202014.0
201914.3
201814.7
201713.8
201613.3
201512.5

Sources

  • Cha et al.1911–2015
  • Mitchell1953–2010
  • 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 tax 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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