Excises, Ratio of this level of government's revenue from this item in Korea
Korea: Excises, Ratio of this level of government's revenue from this item was 0.8852 in 2020. ▬ Flat
Excises, Ratio of this level of government's revenue from this item in Korea, 2012–2020
Source: International Monetary Fund.
Analysis
In 2020, excises, ratio of this level of government's revenue from this item in Korea stood at 0.8852.
Compared with earlier readings it is down 0.6% on the previous year and down 0.1% over ten years.
Over the whole period, excises, ratio of this level of government's revenue from this item in Korea peaked at 0.8932 in 2015 and was at its lowest, 0.8804, in 2016.
That places Korea 64th out of 73 countries with data for 2020, putting it in the bottom quarter.
Excises, Ratio of this level of government's revenue from this item in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 0.8858 | — |
| 2013 | 0.8875 | +0.2% |
| 2014 | 0.8813 | -0.7% |
| 2015 | 0.8932 | +1.3% |
| 2016 | 0.8804 | -1.4% |
| 2017 | 0.8892 | +1.0% |
| 2018 | 0.8926 | +0.4% |
| 2019 | 0.8902 | -0.3% |
| 2020 | 0.8852 | -0.6% |
Korea compared with similar countries
- Korea's 0.8852 is below the median for high income countries, which is 1, 89% of the median. (39 countries reporting)
- Korea's 0.8852 is below the median for East Asia & Pacific, which is 0.991, 89% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.8875 | 0.8804 | 0.8932 | 8 |
| 2020s | 0.8852 | 0.8852 | 0.8852 | 1 |
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 excises, ratio of this level of government's revenue from this item in Korea?
- Excises, ratio of this level of government's revenue from this item in Korea was 0.8852 in 2020, according to International Monetary Fund.
- What is the highest excises, ratio of this level of government's revenue from this item recorded in Korea?
- The highest recorded value was 0.8932 in 2015.
- What is the lowest excises, ratio of this level of government's revenue from this item recorded in Korea?
- The lowest recorded value was 0.8804 in 2016.
- How does Korea rank for excises, ratio of this level of government's revenue from this item?
- Korea ranks 64th out of 73 countries with data for 2020.
- Is excises, ratio of this level of government's revenue from this item rising or falling in Korea?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Excises, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.