South Korea Tax Revenue (% of GDP) (2023)
South Korea's Tax Revenue (% of GDP): 14.6 % of GDP in 2023, -2.6pp YoY. World Bank (GC.TAX.TOTL.GD.ZS), 1990–2023.
South Korea (2023)
14.6
% of GDP
-2.6pp YoY
YoY Change
-2.6pp
percentage points
Trend
down
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 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 | +0.7pp |
| 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 |
| 2004 | 12.5 | n/a |
About this Dataset
South Korea recorded 14.6 % of GDP in 2023. The most recent year-on-year change was -2.6pp. The historical series (1990–2023) shows a peak of 17.2 in 2022 and a trough of 12.1 in 1993.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks south korea tax revenue (% of gdp) in South Korea, published by World Bank. Data covers 1990–2023 at annual frequency using harmonised methodology.
The most recent observation covers 2023. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
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 14.6 in 2023 represents a year-on-year change of -2.6pp.