Tax revenue (current LCU), per unit of GDP in South Korea
South Korea: Tax revenue (current LCU), per unit of GDP was 181.24 current LCU per US$ of GDP in 2024. ▲ Rising
Latest (2024)
181.24 current LCU per US$ of GDP
Change on year
down 4.9%
World rank
17th
of 157 countries
All-time high
221.59 current LCU per US$ of GDP
in 2022
All-time low
41.16 current LCU per US$ of GDP
in 1973
Years of data
53
1972–2024
Tax revenue (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, tax revenue (current lcu), per unit of gdp in South Korea stood at 181.24 current LCU per US$ of GDP.
That represents a change of down 4.9% on the previous year and up 36.3% over ten years.
Over the whole period, tax revenue (current lcu), per unit of gdp in South Korea peaked at 221.59 current LCU per US$ of GDP in 2022 and was at its lowest, 41.16 current LCU per US$ of GDP, in 1973.
South Korea ranks 17th of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 53 years of available data.
Tax revenue (current LCU), per unit of GDP in South Korea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1972 | 43.31 current LCU per US$ of GDP | — |
| 1973 | 41.16 current LCU per US$ of GDP | -5.0% |
| 1974 | 46.07 current LCU per US$ of GDP | +11.9% |
| 1975 | 62.96 current LCU per US$ of GDP | +36.7% |
| 1976 | 68.91 current LCU per US$ of GDP | +9.5% |
| 1977 | 67.32 current LCU per US$ of GDP | -2.3% |
| 1978 | 69.3 current LCU per US$ of GDP | +2.9% |
| 1979 | 70.18 current LCU per US$ of GDP | +1.3% |
| 1980 | 87.53 current LCU per US$ of GDP | +24.7% |
| 1981 | 97.97 current LCU per US$ of GDP | +11.9% |
| 1982 | 105.34 current LCU per US$ of GDP | +7.5% |
| 1983 | 112.44 current LCU per US$ of GDP | +6.7% |
| 1984 | 109.47 current LCU per US$ of GDP | -2.6% |
| 1985 | 114.65 current LCU per US$ of GDP | +4.7% |
| 1986 | 113.65 current LCU per US$ of GDP | -0.9% |
| 1987 | 107.57 current LCU per US$ of GDP | -5.4% |
| 1988 | 95.03 current LCU per US$ of GDP | -11.7% |
| 1989 | 83.71 current LCU per US$ of GDP | -11.9% |
| 1990 | 92.15 current LCU per US$ of GDP | +10.1% |
| 1991 | 89.18 current LCU per US$ of GDP | -3.2% |
| 1992 | 96.3 current LCU per US$ of GDP | +8.0% |
| 1993 | 97.11 current LCU per US$ of GDP | +0.8% |
| 1994 | 98.63 current LCU per US$ of GDP | +1.6% |
| 1995 | 96.84 current LCU per US$ of GDP | -1.8% |
| 1996 | 102.92 current LCU per US$ of GDP | +6.3% |
| 1997 | 118.68 current LCU per US$ of GDP | +15.3% |
| 1998 | 170.65 current LCU per US$ of GDP | +43.8% |
| 1999 | 146.71 current LCU per US$ of GDP | -14.0% |
| 2000 | 155.54 current LCU per US$ of GDP | +6.0% |
| 2001 | 168.78 current LCU per US$ of GDP | +8.5% |
| 2002 | 159.95 current LCU per US$ of GDP | -5.2% |
| 2003 | 157.39 current LCU per US$ of GDP | -1.6% |
| 2004 | 143.09 current LCU per US$ of GDP | -9.1% |
| 2005 | 131.17 current LCU per US$ of GDP | -8.3% |
| 2006 | 126.05 current LCU per US$ of GDP | -3.9% |
| 2007 | 132.25 current LCU per US$ of GDP | +4.9% |
| 2008 | 153.27 current LCU per US$ of GDP | +15.9% |
| 2009 | 167.38 current LCU per US$ of GDP | +9.2% |
| 2010 | 148.99 current LCU per US$ of GDP | -11.0% |
| 2011 | 147.18 current LCU per US$ of GDP | -1.2% |
| 2012 | 151.82 current LCU per US$ of GDP | +3.2% |
| 2013 | 142.59 current LCU per US$ of GDP | -6.1% |
| 2014 | 132.98 current LCU per US$ of GDP | -6.7% |
| 2015 | 141.74 current LCU per US$ of GDP | +6.6% |
| 2016 | 154.13 current LCU per US$ of GDP | +8.7% |
| 2017 | 155.57 current LCU per US$ of GDP | +0.9% |
| 2018 | 161.66 current LCU per US$ of GDP | +3.9% |
| 2019 | 167.05 current LCU per US$ of GDP | +3.3% |
| 2020 | 165.37 current LCU per US$ of GDP | -1.0% |
| 2021 | 179.23 current LCU per US$ of GDP | +8.4% |
| 2022 | 221.59 current LCU per US$ of GDP | +23.6% |
| 2023 | 190.62 current LCU per US$ of GDP | -14.0% |
| 2024 | 181.24 current LCU per US$ of GDP | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 58.65 current LCU per US$ of GDP | 41.16 current LCU per US$ of GDP | 70.18 current LCU per US$ of GDP | 8 |
| 1980s | 102.74 current LCU per US$ of GDP | 83.71 current LCU per US$ of GDP | 114.65 current LCU per US$ of GDP | 10 |
| 1990s | 110.92 current LCU per US$ of GDP | 89.18 current LCU per US$ of GDP | 170.65 current LCU per US$ of GDP | 10 |
| 2000s | 149.49 current LCU per US$ of GDP | 126.05 current LCU per US$ of GDP | 168.78 current LCU per US$ of GDP | 10 |
| 2010s | 150.37 current LCU per US$ of GDP | 132.98 current LCU per US$ of GDP | 167.05 current LCU per US$ of GDP | 10 |
| 2020s | 187.61 current LCU per US$ of GDP | 165.37 current LCU per US$ of GDP | 221.59 current LCU per US$ of GDP | 5 |
Countries ranked near South Korea
- 14 Burundi 301.88 current LCU per US$ of GDP compare
- 15 Malawi 271.14 current LCU per US$ of GDP compare
- 16 Democratic Republic of Congo 213.99 current LCU per US$ of GDP compare
- 18 Chile 172.34 current LCU per US$ of GDP compare
- 19 Rwanda 151.68 current LCU per US$ of GDP compare
- 20 Senegal 118.51 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 tax revenue (current lcu), per unit of gdp in South Korea?
- Tax revenue (current lcu), per unit of gdp in South Korea was 181.24 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), per unit of gdp recorded in South Korea?
- The highest recorded value was 221.59 current LCU per US$ of GDP in 2022.
- What is the lowest tax revenue (current lcu), per unit of gdp recorded in South Korea?
- The lowest recorded value was 41.16 current LCU per US$ of GDP in 1973.
- How does South Korea rank for tax revenue (current lcu), per unit of gdp?
- South Korea ranks 17th out of 157 countries with data for 2024.
- Is tax revenue (current lcu), per unit of gdp rising or falling in South Korea?
- Over the last ten years it is up 36.3%. 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 Tax revenue (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Tax revenue (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Tax revenue (current LCU) ÷ GDP (current US$)
Computed from
- Tax revenue 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
Tax revenue (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.