Revenue, excluding grants (current LCU), annual growth rate in Republic of Korea
Republic of Korea: Revenue, excluding grants (current LCU), annual growth rate was 0.007 % change on previous year in 2024. ◆ Volatile
Revenue, excluding grants (current LCU), annual growth rate in Republic of Korea, 1973–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for revenue, excluding grants (current lcu), annual growth rate in Republic of Korea is 0.007 % change on previous year, measured in 2024.
The figure is up 100.1% on the previous year and up 102.0% over ten years.
Over the whole period, revenue, excluding grants (current lcu), annual growth rate in Republic of Korea peaked at 53.72 % change on previous year in 1974 and was at its lowest, -4.77 % change on previous year, in 2023.
Republic of Korea ranks 134th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Revenue, excluding grants (current LCU), annual growth rate in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1973 | 19.82 % change on previous year | — |
| 1974 | 53.72 % change on previous year | +171.1% |
| 1975 | 51.73 % change on previous year | -3.7% |
| 1976 | 50.42 % change on previous year | -2.5% |
| 1977 | 27.08 % change on previous year | -46.3% |
| 1978 | 39.01 % change on previous year | +44.1% |
| 1979 | 31.64 % change on previous year | -18.9% |
| 1980 | 25.33 % change on previous year | -19.9% |
| 1981 | 26.65 % change on previous year | +5.2% |
| 1982 | 15.71 % change on previous year | -41.0% |
| 1983 | 15.63 % change on previous year | -0.6% |
| 1984 | 9.57 % change on previous year | -38.7% |
| 1985 | 9.81 % change on previous year | +2.5% |
| 1986 | 14.43 % change on previous year | +47.2% |
| 1987 | 17.74 % change on previous year | +22.9% |
| 1988 | 21.87 % change on previous year | +23.3% |
| 1989 | 13.05 % change on previous year | -40.3% |
| 1990 | 22.86 % change on previous year | +75.2% |
| 1991 | 14.73 % change on previous year | -35.6% |
| 1992 | 19.26 % change on previous year | +30.7% |
| 1993 | 16.24 % change on previous year | -15.6% |
| 1994 | 19.85 % change on previous year | +22.2% |
| 1995 | 18.65 % change on previous year | -6.1% |
| 1996 | 17.09 % change on previous year | -8.4% |
| 1997 | 9.36 % change on previous year | -45.2% |
| 1998 | 5.08 % change on previous year | -45.7% |
| 1999 | 11.18 % change on previous year | +120.0% |
| 2000 | 27.02 % change on previous year | +141.7% |
| 2001 | 5.36 % change on previous year | -80.2% |
| 2002 | 9.57 % change on previous year | +78.6% |
| 2003 | 8.22 % change on previous year | -14.2% |
| 2004 | 4.18 % change on previous year | -49.1% |
| 2005 | 7.59 % change on previous year | +81.4% |
| 2006 | 9.3 % change on previous year | +22.6% |
| 2007 | 14.52 % change on previous year | +56.1% |
| 2008 | 4.49 % change on previous year | -69.1% |
| 2009 | -0.459 % change on previous year | -110.2% |
| 2010 | 8.27 % change on previous year | -1901.8% |
| 2011 | 8.14 % change on previous year | -1.6% |
| 2012 | 33.55 % change on previous year | +312.3% |
| 2013 | 2.12 % change on previous year | -93.7% |
| 2014 | -0.3544 % change on previous year | -116.8% |
| 2015 | 5.34 % change on previous year | -1607.8% |
| 2016 | 8.98 % change on previous year | +68.1% |
| 2017 | 7.2 % change on previous year | -19.8% |
| 2018 | 8.4 % change on previous year | +16.6% |
| 2019 | 2.98 % change on previous year | -64.5% |
| 2020 | 0.924 % change on previous year | -69.0% |
| 2021 | 14.99 % change on previous year | +1522.2% |
| 2022 | 11.11 % change on previous year | -25.9% |
| 2023 | -4.77 % change on previous year | -143.0% |
| 2024 | 0.007 % change on previous year | -100.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.06 % change on previous year | 19.82 % change on previous year | 53.72 % change on previous year | 7 |
| 1980s | 16.98 % change on previous year | 9.57 % change on previous year | 26.65 % change on previous year | 10 |
| 1990s | 15.43 % change on previous year | 5.08 % change on previous year | 22.86 % change on previous year | 10 |
| 2000s | 8.98 % change on previous year | -0.459 % change on previous year | 27.02 % change on previous year | 10 |
| 2010s | 8.46 % change on previous year | -0.3544 % change on previous year | 33.55 % change on previous year | 10 |
| 2020s | 4.45 % change on previous year | -4.77 % change on previous year | 14.99 % change on previous year | 5 |
Countries ranked near Republic of Korea
- 131 Bhutan 0.5256 % change on previous year compare
- 132 Azerbaijan 0.459 % change on previous year compare
- 133 Botswana 0.1347 % change on previous year compare
- 135 Finland -0.0199 % change on previous year compare
- 136 Norway -0.1082 % change on previous year compare
- 137 Costa Rica -1.06 % change on previous year compare
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 revenue, excluding grants (current lcu), annual growth rate in Republic of Korea?
- Revenue, excluding grants (current lcu), annual growth rate in Republic of Korea was 0.007 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest revenue, excluding grants (current lcu), annual growth rate recorded in Republic of Korea?
- The highest recorded value was 53.72 % change on previous year in 1974.
- What is the lowest revenue, excluding grants (current lcu), annual growth rate recorded in Republic of Korea?
- The lowest recorded value was -4.77 % change on previous year in 2023.
- How does Republic of Korea rank for revenue, excluding grants (current lcu), annual growth rate?
- Republic of Korea ranks 134th out of 156 countries with data for 2024.
- Is revenue, excluding grants (current lcu), annual growth rate rising or falling in Republic of Korea?
- Over the last ten years it is up 102.0%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Revenue, excluding grants Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.