Other taxes, Ratio of this level of government's revenue from this in South Korea
South Korea: Other taxes, Ratio of this level of government's revenue from this was 0.4117 in 2020. ▼ Falling
Other taxes, Ratio of this level of government's revenue from this in South Korea, 2012–2020
Source: International Monetary Fund.
Analysis
The most recent figure for other taxes, ratio of this level of government's revenue from this in South Korea is 0.4117, measured in 2020.
The figure is up 4.8% on the previous year and down 22.5% over ten years.
Over the whole period, other taxes, ratio of this level of government's revenue from this in South Korea peaked at 0.621 in 2013 and was at its lowest, 0.3827, in 2018.
That places South Korea 49th out of 72 countries with data for 2020, putting it in the middle of the range.
Other taxes, Ratio of this level of government's revenue from this in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 0.5314 | — |
| 2013 | 0.621 | +16.9% |
| 2014 | 0.5094 | -18.0% |
| 2015 | 0.4566 | -10.4% |
| 2016 | 0.4117 | -9.8% |
| 2017 | 0.4097 | -0.5% |
| 2018 | 0.3827 | -6.6% |
| 2019 | 0.3929 | +2.7% |
| 2020 | 0.4117 | +4.8% |
South Korea compared with similar countries
- South Korea's 0.4117 is below the median for high income countries, which is 0.8679, 47% of the median. (38 countries reporting)
- South Korea's 0.4117 is below the median for East Asia & Pacific, which is 0.8268, 50% of the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.4644 | 0.3827 | 0.621 | 8 |
| 2020s | 0.4117 | 0.4117 | 0.4117 | 1 |
Countries ranked near South Korea
- 46 Afghanistan 0.5445 compare
- 47 Czechia 0.5423 compare
- 48 Netherlands 0.4553 compare
- 50 Albania 0.3688 compare
- 51 North Macedonia 0.2588 compare
- 52 Colombia 0.0858 compare
More public sector data for South 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, ratio of this level of government's revenue from this in South Korea?
- Other taxes, ratio of this level of government's revenue from this in South Korea was 0.4117 in 2020, according to International Monetary Fund.
- What is the highest other taxes, ratio of this level of government's revenue from this recorded in South Korea?
- The highest recorded value was 0.621 in 2013.
- What is the lowest other taxes, ratio of this level of government's revenue from this recorded in South Korea?
- The lowest recorded value was 0.3827 in 2018.
- How does South Korea rank for other taxes, ratio of this level of government's revenue from this?
- South Korea ranks 49th out of 72 countries with data for 2020.
- Is other taxes, ratio of this level of government's revenue from this rising or falling in South Korea?
- Over the last ten years it is down 22.5%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Other taxes, 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.
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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.