Environmental taxes, Taxes on energy (including fuel for transport) in Korea
Korea: Environmental taxes, Taxes on energy (including fuel for transport) was 17.60 trillion in 2016. ▲ Rising
Environmental taxes, Taxes on energy (including fuel for transport) in Korea, 1995–2016
Source: International Monetary Fund.
Analysis
The most recent figure for environmental taxes, taxes on energy (including fuel for transport) in Korea is 17.60 trillion, measured in 2016.
Compared with earlier readings it is up 8.6% on the previous year and down 8.8% over ten years.
Over the whole period, environmental taxes, taxes on energy (including fuel for transport) in Korea peaked at 27.00 trillion in 2014 and was at its lowest, 3.71 trillion, in 1995.
That places Korea 2nd out of 108 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently rising across the 22 years of available data.
Environmental taxes, Taxes on energy (including fuel for transport) in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 3.71 trillion | — |
| 1996 | 5.49 trillion | +48.0% |
| 1997 | 6.87 trillion | +25.1% |
| 1998 | 8.42 trillion | +22.6% |
| 1999 | 9.77 trillion | +16.0% |
| 2000 | 11.50 trillion | +17.7% |
| 2001 | 14.30 trillion | +24.3% |
| 2002 | 14.20 trillion | -0.7% |
| 2003 | 15.70 trillion | +10.6% |
| 2004 | 16.70 trillion | +6.4% |
| 2005 | 19.70 trillion | +18.0% |
| 2006 | 19.30 trillion | -2.0% |
| 2007 | 22.20 trillion | +15.0% |
| 2008 | 22.30 trillion | +0.5% |
| 2009 | 20.80 trillion | -6.7% |
| 2010 | 25.90 trillion | +24.5% |
| 2011 | 23.40 trillion | -9.7% |
| 2012 | 26.40 trillion | +12.8% |
| 2013 | 26.20 trillion | -0.8% |
| 2014 | 27.00 trillion | +3.1% |
| 2015 | 16.20 trillion | -40.0% |
| 2016 | 17.60 trillion | +8.6% |
Korea compared with similar countries
- Korea's 17.60 trillion is above the median for high income countries, which is 6.76 billion, 2603.0× the median. (48 countries reporting)
- Korea's 17.60 trillion is above the median for East Asia & Pacific, which is 126.00 billion, 139.7× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.85 trillion | 3.71 trillion | 9.77 trillion | 5 |
| 2000s | 17.67 trillion | 11.50 trillion | 22.30 trillion | 10 |
| 2010s | 23.24 trillion | 16.20 trillion | 27.00 trillion | 7 |
Countries ranked near Korea
More public sector data for Korea
- Arms imports 1.01 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.5 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 362.84 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.01 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 919.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0254 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.4824 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 47.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,234 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is environmental taxes, taxes on energy (including fuel for transport) in Korea?
- Environmental taxes, taxes on energy (including fuel for transport) in Korea was 17.60 trillion in 2016, according to International Monetary Fund.
- What is the highest environmental taxes, taxes on energy (including fuel for transport) recorded in Korea?
- The highest recorded value was 27.00 trillion in 2014.
- What is the lowest environmental taxes, taxes on energy (including fuel for transport) recorded in Korea?
- The lowest recorded value was 3.71 trillion in 1995.
- How does Korea rank for environmental taxes, taxes on energy (including fuel for transport)?
- Korea ranks 2nd out of 108 countries with data for 2016.
- Is environmental taxes, taxes on energy (including fuel for transport) rising or falling in Korea?
- Over the last ten years it is down 8.8%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Environmental taxes, Taxes on energy (including fuel for transport) (Domestic Currency). Statizoid updates them automatically from the source API.
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About this data
This dataset tracks government revenue from taxes imposed on activities that negatively impact the environment. These taxes are categorized into four types: energy taxes (including fuel for transport), transport taxes (excluding fuel for transport), pollution taxes, and resource taxes.