Revenue decentralization, Percent (Central government) in South Korea
South Korea: Revenue decentralization, Percent (Central government) was 0.8133 in 2020. ▬ Flat
Revenue decentralization, Percent in South Korea, 2012–2020
Source: International Monetary Fund.
Analysis
In 2020, revenue decentralization, percent in South Korea stood at 0.8133.
The figure is down 0.6% on the previous year and up 1.7% over ten years.
Over the whole period, revenue decentralization, percent in South Korea peaked at 0.8221 in 2018 and was at its lowest, 0.7696, in 2015.
South Korea ranks 17th of 67 countries on this measure, in the top quarter.
Revenue decentralization, Percent (Central government) in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 0.8001 | — |
| 2013 | 0.8091 | +1.1% |
| 2014 | 0.7735 | -4.4% |
| 2015 | 0.7696 | -0.5% |
| 2016 | 0.7893 | +2.6% |
| 2017 | 0.7877 | -0.2% |
| 2018 | 0.8221 | +4.4% |
| 2019 | 0.8186 | -0.4% |
| 2020 | 0.8133 | -0.6% |
South Korea compared with similar countries
- South Korea's 0.8133 is above the median for high income countries, which is 0.598, 1.4× the median. (29 countries reporting)
- South Korea's 0.8133 is above the median for East Asia & Pacific, which is 0.7312, 1.1× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7962 | 0.7696 | 0.8221 | 8 |
| 2020s | 0.8133 | 0.8133 | 0.8133 | 1 |
Countries ranked near South Korea
More public sector data for South Korea
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 222.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is revenue decentralization, percent in South Korea?
- Revenue decentralization, percent in South Korea was 0.8133 in 2020, according to International Monetary Fund.
- What is the highest revenue decentralization, percent recorded in South Korea?
- The highest recorded value was 0.8221 in 2018.
- What is the lowest revenue decentralization, percent recorded in South Korea?
- The lowest recorded value was 0.7696 in 2015.
- How does South Korea rank for revenue decentralization, percent?
- South Korea ranks 17th out of 67 countries with data for 2020.
- Is revenue decentralization, percent rising or falling in South Korea?
- Over the last ten years it is up 1.7%. The long-run trend across the full record is flat.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Revenue decentralization, 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.