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South Korea: Government revenue (% of GDP)

Percent of GDP · 1911–2025 · 103 observations · forecasts to 2031 · govrev_GDP

2025
34.5%percent of GDP
Change on 2024
+0.9 pointsfrom 33.6%
Average, 2016–2025
33.6%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
202633.4Forecast
202534.5
202433.6
202334.8
202237.0
202135.1
202033.4
201932.9
201832.4
201731.3
201630.9

Sources

This series is derived from other GMD variables.

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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