South Korea Government Revenue (% of GDP) (2024)
South Korea's Government Revenue (% of GDP): 25.8 % of GDP in 2024, -1.6pp YoY. World Bank (GC.REV.XGRT.GD.ZS), 1975–2024.
South Korea (2024)
25.8
% of GDP
-1.6pp YoY
YoY Change
-1.6pp
percentage points
Trend
down
Series length
50
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 25.8 | -1.6pp |
| 2023 | 27.4 | -2.4pp |
| 2022 | 29.8 | +1.8pp |
| 2021 | 28 | +1.7pp |
| 2020 | 26.3 | unchanged |
| 2019 | 26.3 | +0.3pp |
| 2018 | 26 | +1.1pp |
| 2017 | 24.9 | +0.4pp |
| 2016 | 24.5 | +0.9pp |
| 2015 | 23.6 | -0.2pp |
| 2014 | 23.8 | -1.1pp |
| 2013 | 24.9 | -0.6pp |
| 2012 | 25.5 | +5.7pp |
| 2011 | 19.8 | +0.5pp |
| 2010 | 19.3 | -0.3pp |
| 2009 | 19.6 | -0.9pp |
| 2008 | 20.5 | -0.3pp |
| 2007 | 20.8 | +1.1pp |
| 2006 | 19.7 | +0.8pp |
| 2005 | 18.9 | +0.4pp |
About this Dataset
South Korea recorded 25.8 % of GDP in 2024. The latest change was -1.6pp. Across 1975–2024 the series ranges from 14.4 in 1975 to 29.8 in 2022.
This page tracks general government revenue (taxes, grants, and other revenue) as a share of GDP in South Korea from 1990 to present.
Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.
Frequently Asked Questions
This page tracks general government revenue (taxes, grants, and other revenue) as a share of GDP in South Korea from 1990 to present. It is published by World Bank and updated annually.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1975–2024 (50 observations).
The series peaked at 29.8 % of GDP in 2022 and reached its lowest recorded value of 14.4 in 1975. The latest reading of 25.8 in 2024 represents a change of -1.6pp.