Other taxes in Republic of Korea
Republic of Korea: Other taxes was 4.7% in 2024. ▲ Rising
Other taxes in Republic of Korea, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
The most recent figure for other taxes in Republic of Korea is 4.7%, measured in 2024.
The figure is down 10.9% on the previous year and up 52.4% over ten years.
Over the whole period, other taxes in Republic of Korea peaked at 10.2% in 1999 and was at its lowest, 1.1%, in 1986.
That places Republic of Korea 15th out of 148 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 53 years of available data.
Other taxes in Republic of Korea, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 2.9% | — |
| 1973 | 2.4% | -19.5% |
| 1974 | 2.8% | +19.2% |
| 1975 | 6.0% | +112.0% |
| 1976 | 4.6% | -22.8% |
| 1977 | 3.7% | -19.8% |
| 1978 | 2.3% | -39.3% |
| 1979 | 2.3% | +4.0% |
| 1980 | 3.1% | +33.6% |
| 1981 | 3.7% | +16.7% |
| 1982 | 3.5% | -4.4% |
| 1983 | 3.9% | +11.1% |
| 1984 | 4.0% | +2.2% |
| 1985 | 3.9% | -2.1% |
| 1986 | 1.1% | -72.6% |
| 1987 | 3.0% | +182.3% |
| 1988 | 3.8% | +25.7% |
| 1989 | 3.8% | +1.4% |
| 1990 | 4.7% | +23.1% |
| 1991 | 6.3% | +33.2% |
| 1992 | 7.3% | +16.7% |
| 1993 | 7.0% | -4.0% |
| 1994 | 7.5% | +7.5% |
| 1995 | 8.9% | +18.5% |
| 1996 | 9.3% | +4.4% |
| 1997 | 9.8% | +5.4% |
| 1998 | 9.0% | -8.5% |
| 1999 | 10.2% | +13.0% |
| 2000 | 8.2% | -19.8% |
| 2001 | 6.1% | -25.6% |
| 2002 | 5.7% | -5.9% |
| 2003 | 5.3% | -7.5% |
| 2004 | 5.6% | +5.7% |
| 2005 | 5.8% | +3.7% |
| 2006 | 6.5% | +11.4% |
| 2007 | 7.0% | +8.2% |
| 2008 | 7.0% | -0.2% |
| 2009 | 7.6% | +9.2% |
| 2010 | 6.6% | -12.8% |
| 2011 | 6.4% | -3.3% |
| 2012 | 3.2% | -50.4% |
| 2013 | 3.7% | +15.2% |
| 2014 | 3.1% | -15.4% |
| 2015 | 3.0% | -4.2% |
| 2016 | 2.8% | -6.9% |
| 2017 | 3.0% | +9.6% |
| 2018 | 2.8% | -6.7% |
| 2019 | 3.2% | +12.8% |
| 2020 | 3.7% | +15.0% |
| 2021 | 4.8% | +30.9% |
| 2022 | 4.8% | -0.8% |
| 2023 | 5.3% | +11.3% |
| 2024 | 4.7% | -10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.4% | 2.3% | 6.0% | 8 |
| 1980s | 3.4% | 1.1% | 4.0% | 10 |
| 1990s | 8.0% | 4.7% | 10.2% | 10 |
| 2000s | 6.5% | 5.3% | 8.2% | 10 |
| 2010s | 3.8% | 2.8% | 6.6% | 10 |
| 2020s | 4.7% | 3.7% | 5.3% | 5 |
Countries ranked near Republic of Korea
More public sector data for Republic of 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 other taxes in Republic of Korea?
- Other taxes in Republic of Korea was 4.7% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Republic of Korea?
- The highest recorded value was 10.2% in 1999.
- What is the lowest other taxes recorded in Republic of Korea?
- The lowest recorded value was 1.1% in 1986.
- How does Republic of Korea rank for other taxes?
- Republic of Korea ranks 15th out of 148 countries with data for 2024.
- Is other taxes rising or falling in Republic of Korea?
- Over the last ten years it is up 52.4%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Other taxes (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.