Grants and other revenue (current LCU) in South Korea
South Korea: Grants and other revenue (current LCU) was 133.59 trillion current LCU in 2024. ◆ Volatile
Grants and other revenue in South Korea, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
South Korea recorded 133.59 trillion current LCU for grants and other revenue in 2024. That is the highest value across all 53 years on record.
The figure is up 9.1% on the previous year and up 51.2% over ten years.
Over the whole period, grants and other revenue in South Korea peaked at 133.59 trillion current LCU in 2024 and was at its lowest, 90.00 billion current LCU, in 1973.
That places South Korea 4th out of 154 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Grants and other revenue (current LCU) in South Korea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 97.00 billion current LCU | — |
| 1973 | 90.00 billion current LCU | -7.2% |
| 1974 | 103.00 billion current LCU | +14.4% |
| 1975 | 146.00 billion current LCU | +41.7% |
| 1976 | 201.00 billion current LCU | +37.7% |
| 1977 | 281.00 billion current LCU | +39.8% |
| 1978 | 382.00 billion current LCU | +35.9% |
| 1979 | 539.00 billion current LCU | +41.1% |
| 1980 | 840.00 billion current LCU | +55.8% |
| 1981 | 1.17 trillion current LCU | +39.2% |
| 1982 | 1.35 trillion current LCU | +15.1% |
| 1983 | 1.21 trillion current LCU | -10.1% |
| 1984 | 1.43 trillion current LCU | +18.4% |
| 1985 | 1.63 trillion current LCU | +14.0% |
| 1986 | 1.84 trillion current LCU | +12.5% |
| 1987 | 1.82 trillion current LCU | -1.0% |
| 1988 | 2.17 trillion current LCU | +19.2% |
| 1989 | 3.11 trillion current LCU | +43.2% |
| 1990 | 2.91 trillion current LCU | -6.4% |
| 1991 | 3.68 trillion current LCU | +26.6% |
| 1992 | 5.04 trillion current LCU | +36.9% |
| 1993 | 6.20 trillion current LCU | +22.9% |
| 1994 | 7.79 trillion current LCU | +25.7% |
| 1995 | 8.55 trillion current LCU | +9.8% |
| 1996 | 10.46 trillion current LCU | +22.3% |
| 1997 | 12.17 trillion current LCU | +16.4% |
| 1998 | 16.91 trillion current LCU | +38.9% |
| 1999 | 18.18 trillion current LCU | +7.5% |
| 2000 | 23.79 trillion current LCU | +30.9% |
| 2001 | 24.97 trillion current LCU | +5.0% |
| 2002 | 27.98 trillion current LCU | +12.0% |
| 2003 | 28.78 trillion current LCU | +2.9% |
| 2004 | 29.73 trillion current LCU | +3.3% |
| 2005 | 30.59 trillion current LCU | +2.9% |
| 2006 | 34.72 trillion current LCU | +13.5% |
| 2007 | 41.42 trillion current LCU | +19.3% |
| 2008 | 40.27 trillion current LCU | -2.8% |
| 2009 | 40.72 trillion current LCU | +1.1% |
| 2010 | 45.25 trillion current LCU | +11.1% |
| 2011 | 48.83 trillion current LCU | +7.9% |
| 2012 | 91.98 trillion current LCU | +88.4% |
| 2013 | 92.11 trillion current LCU | +0.1% |
| 2014 | 88.35 trillion current LCU | -4.1% |
| 2015 | 88.28 trillion current LCU | -0.1% |
| 2016 | 92.24 trillion current LCU | +4.5% |
| 2017 | 93.67 trillion current LCU | +1.6% |
| 2018 | 97.65 trillion current LCU | +4.2% |
| 2019 | 103.90 trillion current LCU | +6.4% |
| 2020 | 102.74 trillion current LCU | -1.1% |
| 2021 | 112.84 trillion current LCU | +9.8% |
| 2022 | 117.89 trillion current LCU | +4.5% |
| 2023 | 122.48 trillion current LCU | +3.9% |
| 2024 | 133.59 trillion current LCU | +9.1% |
South Korea compared with similar countries
- South Korea's 133.59 trillion current LCU is above the median for high income countries, which is 16.91 billion current LCU, 7901.5× the median. (55 countries reporting)
- South Korea's 133.59 trillion current LCU is above the median for East Asia & Pacific, which is 20.28 billion current LCU, 6586.7× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 229.88 billion current LCU | 90.00 billion current LCU | 539.00 billion current LCU | 8 |
| 1980s | 1.66 trillion current LCU | 840.00 billion current LCU | 3.11 trillion current LCU | 10 |
| 1990s | 9.19 trillion current LCU | 2.91 trillion current LCU | 18.18 trillion current LCU | 10 |
| 2000s | 32.30 trillion current LCU | 23.79 trillion current LCU | 41.42 trillion current LCU | 10 |
| 2010s | 84.23 trillion current LCU | 45.25 trillion current LCU | 103.90 trillion current LCU | 10 |
| 2020s | 117.91 trillion current LCU | 102.74 trillion current LCU | 133.59 trillion current LCU | 5 |
Countries ranked near South Korea
More public sector data for South Korea
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- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
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Frequently asked questions
- What is grants and other revenue in South Korea?
- Grants and other revenue in South Korea was 133.59 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest grants and other revenue recorded in South Korea?
- The highest recorded value was 133.59 trillion current LCU in 2024.
- What is the lowest grants and other revenue recorded in South Korea?
- The lowest recorded value was 90.00 billion current LCU in 1973.
- How does South Korea rank for grants and other revenue?
- South Korea ranks 4th out of 154 countries with data for 2024.
- Is grants and other revenue rising or falling in South Korea?
- Over the last ten years it is up 51.2%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Grants and other revenue (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.