Social contributions, Ratio of this level of government's revenue in Korea
Korea: Social contributions, Ratio of this level of government's revenue was 1 in 2020. ▬ Flat
Social contributions, Ratio of this level of government's revenue in Korea, 2012–2020
Source: International Monetary Fund.
Analysis
The most recent figure for social contributions, ratio of this level of government's revenue in Korea is 1, measured in 2020. That is the highest value across all 9 years on record.
That represents a change of unchanged over ten years.
Over the whole period, social contributions, ratio of this level of government's revenue in Korea peaked at 1 in 2012 and was at its lowest, 1, in 2012.
That places Korea 1st out of 77 countries with data for 2020, putting it in the top 10%.
Social contributions, Ratio of this level of government's revenue in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 1 | — |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
Korea compared with similar countries
- Korea's 1 is above the median for high income countries, which is 0.0767, 13.0× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1 | 1 | 1 | 8 |
| 2020s | 1 | 1 | 1 | 1 |
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 social contributions, ratio of this level of government's revenue in Korea?
- Social contributions, ratio of this level of government's revenue in Korea was 1 in 2020, according to International Monetary Fund.
- What is the highest social contributions, ratio of this level of government's revenue recorded in Korea?
- The highest recorded value was 1 in 2012.
- What is the lowest social contributions, ratio of this level of government's revenue recorded in Korea?
- The lowest recorded value was 1 in 2012.
- How does Korea rank for social contributions, ratio of this level of government's revenue?
- Korea ranks 1st out of 77 countries with data for 2020.
- Is social contributions, ratio of this level of government's revenue rising or falling in Korea?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Social contributions, 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.