Revenue, excluding grants (current LCU), per unit of GDP in South Korea
South Korea: Revenue, excluding grants (current LCU), per unit of GDP was 351.33 current LCU per US$ of GDP in 2024. ▲ Rising
Revenue, excluding grants (current LCU), per unit of GDP in South Korea, 1972–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, revenue, excluding grants (current lcu), per unit of gdp in South Korea stood at 351.33 current LCU per US$ of GDP.
That represents a change of down 1.6% on the previous year and up 40.0% over ten years.
Over the whole period, revenue, excluding grants (current lcu), per unit of gdp in South Korea peaked at 384.5 current LCU per US$ of GDP in 2022 and was at its lowest, 46.85 current LCU per US$ of GDP, in 1973.
That places South Korea 15th out of 157 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.
Revenue, excluding grants (current LCU), per unit of GDP in South Korea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 50.04 current LCU per US$ of GDP | — |
| 1973 | 46.85 current LCU per US$ of GDP | -6.4% |
| 1974 | 51 current LCU per US$ of GDP | +8.9% |
| 1975 | 69.47 current LCU per US$ of GDP | +36.2% |
| 1976 | 76.12 current LCU per US$ of GDP | +9.6% |
| 1977 | 75.21 current LCU per US$ of GDP | -1.2% |
| 1978 | 77.31 current LCU per US$ of GDP | +2.8% |
| 1979 | 78.96 current LCU per US$ of GDP | +2.1% |
| 1980 | 101.25 current LCU per US$ of GDP | +28.2% |
| 1981 | 114.88 current LCU per US$ of GDP | +13.5% |
| 1982 | 123.56 current LCU per US$ of GDP | +7.6% |
| 1983 | 127.4 current LCU per US$ of GDP | +3.1% |
| 1984 | 125.42 current LCU per US$ of GDP | -1.6% |
| 1985 | 132.4 current LCU per US$ of GDP | +5.6% |
| 1986 | 131.04 current LCU per US$ of GDP | -1.0% |
| 1987 | 121.58 current LCU per US$ of GDP | -7.2% |
| 1988 | 109.78 current LCU per US$ of GDP | -9.7% |
| 1989 | 100.31 current LCU per US$ of GDP | -8.6% |
| 1990 | 107.28 current LCU per US$ of GDP | +6.9% |
| 1991 | 105.47 current LCU per US$ of GDP | -1.7% |
| 1992 | 116.84 current LCU per US$ of GDP | +10.8% |
| 1993 | 122.83 current LCU per US$ of GDP | +5.1% |
| 1994 | 124.64 current LCU per US$ of GDP | +1.5% |
| 1995 | 120.87 current LCU per US$ of GDP | -3.0% |
| 1996 | 131.45 current LCU per US$ of GDP | +8.8% |
| 1997 | 154 current LCU per US$ of GDP | +17.2% |
| 1998 | 240 current LCU per US$ of GDP | +55.8% |
| 1999 | 205.56 current LCU per US$ of GDP | -14.3% |
| 2000 | 225.36 current LCU per US$ of GDP | +9.6% |
| 2001 | 249.95 current LCU per US$ of GDP | +10.9% |
| 2002 | 239.14 current LCU per US$ of GDP | -4.3% |
| 2003 | 230.9 current LCU per US$ of GDP | -3.4% |
| 2004 | 212.88 current LCU per US$ of GDP | -7.8% |
| 2005 | 194.03 current LCU per US$ of GDP | -8.9% |
| 2006 | 188.17 current LCU per US$ of GDP | -3.0% |
| 2007 | 193.3 current LCU per US$ of GDP | +2.7% |
| 2008 | 225.92 current LCU per US$ of GDP | +16.9% |
| 2009 | 249.71 current LCU per US$ of GDP | +10.5% |
| 2010 | 222.81 current LCU per US$ of GDP | -10.8% |
| 2011 | 219.88 current LCU per US$ of GDP | -1.3% |
| 2012 | 287.43 current LCU per US$ of GDP | +30.7% |
| 2013 | 273.19 current LCU per US$ of GDP | -5.0% |
| 2014 | 250.96 current LCU per US$ of GDP | -8.1% |
| 2015 | 267.29 current LCU per US$ of GDP | +6.5% |
| 2016 | 283.94 current LCU per US$ of GDP | +6.2% |
| 2017 | 281.06 current LCU per US$ of GDP | -1.0% |
| 2018 | 285.62 current LCU per US$ of GDP | +1.6% |
| 2019 | 306.42 current LCU per US$ of GDP | +7.3% |
| 2020 | 310.49 current LCU per US$ of GDP | +1.3% |
| 2021 | 320.59 current LCU per US$ of GDP | +3.3% |
| 2022 | 384.5 current LCU per US$ of GDP | +19.9% |
| 2023 | 357.13 current LCU per US$ of GDP | -7.1% |
| 2024 | 351.33 current LCU per US$ of GDP | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 65.62 current LCU per US$ of GDP | 46.85 current LCU per US$ of GDP | 78.96 current LCU per US$ of GDP | 8 |
| 1980s | 118.76 current LCU per US$ of GDP | 100.31 current LCU per US$ of GDP | 132.4 current LCU per US$ of GDP | 10 |
| 1990s | 142.89 current LCU per US$ of GDP | 105.47 current LCU per US$ of GDP | 240 current LCU per US$ of GDP | 10 |
| 2000s | 220.94 current LCU per US$ of GDP | 188.17 current LCU per US$ of GDP | 249.95 current LCU per US$ of GDP | 10 |
| 2010s | 267.86 current LCU per US$ of GDP | 219.88 current LCU per US$ of GDP | 306.42 current LCU per US$ of GDP | 10 |
| 2020s | 344.81 current LCU per US$ of GDP | 310.49 current LCU per US$ of GDP | 384.5 current LCU per US$ of GDP | 5 |
Countries ranked near South Korea
- 12 Uganda 530.68 current LCU per US$ of GDP compare
- 13 Iraq 456.3 current LCU per US$ of GDP compare
- 14 Tanzania 376.11 current LCU per US$ of GDP compare
- 16 Burundi 338.88 current LCU per US$ of GDP compare
- 17 Malawi 276.86 current LCU per US$ of GDP compare
- 18 Democratic Republic of Congo 265.63 current LCU per US$ of GDP 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 revenue, excluding grants (current lcu), per unit of gdp in South Korea?
- Revenue, excluding grants (current lcu), per unit of gdp in South Korea was 351.33 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest revenue, excluding grants (current lcu), per unit of gdp recorded in South Korea?
- The highest recorded value was 384.5 current LCU per US$ of GDP in 2022.
- What is the lowest revenue, excluding grants (current lcu), per unit of gdp recorded in South Korea?
- The lowest recorded value was 46.85 current LCU per US$ of GDP in 1973.
- How does South Korea rank for revenue, excluding grants (current lcu), per unit of gdp?
- South Korea ranks 15th out of 157 countries with data for 2024.
- Is revenue, excluding grants (current lcu), per unit of gdp rising or falling in South Korea?
- Over the last ten years it is up 40.0%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Revenue, excluding grants (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Revenue, excluding grants (current LCU) ÷ GDP (current US$)
Computed from
- Revenue, excluding grants Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Revenue, excluding grants (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.