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South Korea: Government revenue (% of GDP)

Percent of GDP · 1911–2024 · 102 observations · forecasts to 2031 · govrev_GDP

2024
33.1%percent of GDP
Change on 2023
−1.4 pointsfrom 34.5%
Average, 2015–2024
33.1%10 years
Record high and low
37.0% (2022)low 8.06% (1919)

Government revenue (% of GDP)

Report error
5%10%15%20%25%30%35%40%192019401960198020002020South KoreaSouth Korea
ForecastPercent of GDP

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

Recent values

Percent of GDP

YearValue
203132.7Forecast
203033.0Forecast
202933.3Forecast
202833.4Forecast
202733.7Forecast
202635.0Forecast
202534.7Forecast
202433.1
202334.5
202237.0
202135.1
202033.4
201932.9
201832.4
201731.3
201630.9
201530.1

Sources

This series is derived from other GMD variables.

South Korea documentation (PDF)

More for South Korea

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

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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