South Korea Tax Revenue (% of GDP) (2024)
South Korea's Tax Revenue (% of GDP): 13.3 % of GDP in 2024, -1.3pp YoY. World Bank (GC.TAX.TOTL.GD.ZS), 1975–2024.
South Korea (2024)
13.3
% of GDP
-1.3pp YoY
YoY Change
-1.3pp
percentage points
Trend
down
Series length
50
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 13.3 | -1.3pp |
| 2023 | 14.6 | -2.6pp |
| 2022 | 17.2 | +1.5pp |
| 2021 | 15.7 | +1.7pp |
| 2020 | 14 | -0.3pp |
| 2019 | 14.3 | -0.4pp |
| 2018 | 14.7 | +0.9pp |
| 2017 | 13.8 | +0.5pp |
| 2016 | 13.3 | +0.8pp |
| 2015 | 12.5 | -0.1pp |
| 2014 | 12.6 | -0.4pp |
| 2013 | 13 | -0.5pp |
| 2012 | 13.5 | +0.2pp |
| 2011 | 13.3 | +0.4pp |
| 2010 | 12.9 | -0.2pp |
| 2009 | 13.1 | -0.8pp |
| 2008 | 13.9 | -0.3pp |
| 2007 | 14.2 | +1pp |
| 2006 | 13.2 | +0.4pp |
| 2005 | 12.8 | +0.3pp |
About this Dataset
South Korea recorded 13.3 % of GDP in 2024. The latest change was -1.3pp. Across 1975–2024 the series ranges from 12.1 in 1993 to 17.2 in 2022.
This page tracks total government tax revenue as a share of GDP in South Korea from 1990 to present. Tax take shapes fiscal capacity, public services quality, and business cost environment.
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 total government tax revenue as a share of GDP in South Korea from 1990 to present. Tax take shapes fiscal capacity, public services quality, and business cost environment. 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 17.2 % of GDP in 2022 and reached its lowest recorded value of 12.1 in 1993. The latest reading of 13.3 in 2024 represents a change of -1.3pp.