Revenue, General government, Percent of GDP in Korea
Korea: Revenue, General government, Percent of GDP was 23.24 in 2031. ▲ Rising
Revenue, General government, Percent of GDP in Korea, 1995–2031
Source: International Monetary Fund.
Analysis
The most recent figure for revenue, general government, percent of gdp in Korea is 23.24, measured in 2031.
That represents a change of down 3.5% over ten years.
Over the whole period, revenue, general government, percent of gdp in Korea peaked at 25.19 in 2022 and was at its lowest, 15.67, in 1995.
Korea ranks 14th of 26 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Revenue, General government, Percent of GDP in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 15.67 | — |
| 1996 | 16.34 | +4.3% |
| 1997 | 16.19 | -0.9% |
| 1998 | 17.12 | +5.8% |
| 1999 | 17.29 | +1.0% |
| 2000 | 19.93 | +15.2% |
| 2001 | 19.36 | -2.8% |
| 2002 | 19.11 | -1.3% |
| 2003 | 19.38 | +1.4% |
| 2004 | 18.59 | -4.1% |
| 2005 | 19.11 | +2.8% |
| 2006 | 19.9 | +4.1% |
| 2007 | 21.3 | +7.0% |
| 2008 | 20.68 | -2.9% |
| 2009 | 19.78 | -4.4% |
| 2010 | 19.47 | -1.6% |
| 2011 | 20.01 | +2.8% |
| 2012 | 20.45 | +2.2% |
| 2013 | 19.81 | -3.2% |
| 2014 | 19.42 | -1.9% |
| 2015 | 19.3 | -0.6% |
| 2016 | 20.07 | +4.0% |
| 2017 | 20.71 | +3.2% |
| 2018 | 21.7 | +4.8% |
| 2019 | 21.62 | -0.4% |
| 2020 | 21.55 | -0.3% |
| 2021 | 24.08 | +11.7% |
| 2022 | 25.19 | +4.6% |
| 2023 | 22.41 | -11.0% |
| 2024 | 21.75 | -3.0% |
| 2025 | 22.56 | +3.7% |
| 2026 | 23.77 | +5.4% |
| 2027 | 23.06 | -3.0% |
| 2028 | 23.11 | +0.2% |
| 2029 | 23.25 | +0.6% |
| 2030 | 23.25 | -0.0% |
| 2031 | 23.24 | -0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.52 | 15.67 | 17.29 | 5 |
| 2000s | 19.71 | 18.59 | 21.3 | 10 |
| 2010s | 20.26 | 19.3 | 21.7 | 10 |
| 2020s | 23.07 | 21.55 | 25.19 | 10 |
| 2030s | 23.24 | 23.24 | 23.25 | 2 |
Countries ranked near Korea
More public sector data for 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, general government, percent of gdp in Korea?
- Revenue, general government, percent of gdp in Korea was 23.24 in 2031, according to International Monetary Fund.
- What is the highest revenue, general government, percent of gdp recorded in Korea?
- The highest recorded value was 25.19 in 2022.
- What is the lowest revenue, general government, percent of gdp recorded in Korea?
- The lowest recorded value was 15.67 in 1995.
- How does Korea rank for revenue, general government, percent of gdp?
- Korea ranks 14th out of 26 countries with data for 2031.
- Is revenue, general government, percent of gdp rising or falling in Korea?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Revenue, General government, Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.