Tax revenue decentralization, Ratio of this level … total in South Korea
South Korea: Tax revenue decentralization, Ratio of this level … total was 0.7346 in 2020. ▬ Flat
Tax revenue decentralization, Ratio of this level of government's in South Korea, 2012–2020
Source: International Monetary Fund.
Analysis
The most recent figure for tax revenue decentralization, ratio of this level of government's in South Korea is 0.7346, measured in 2020. That is the lowest value across all 9 years on record.
The figure is down 3.3% on the previous year and down 6.3% over ten years.
Over the whole period, tax revenue decentralization, ratio of this level of government's in South Korea peaked at 0.7863 in 2013 and was at its lowest, 0.7346, in 2020.
South Korea ranks 61st of 80 countries on this measure, in the bottom quarter.
Tax revenue decentralization, Ratio of this level … total in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 0.7838 | — |
| 2013 | 0.7863 | +0.3% |
| 2014 | 0.765 | -2.7% |
| 2015 | 0.7492 | -2.1% |
| 2016 | 0.759 | +1.3% |
| 2017 | 0.764 | +0.7% |
| 2018 | 0.7741 | +1.3% |
| 2019 | 0.7598 | -1.8% |
| 2020 | 0.7346 | -3.3% |
South Korea compared with similar countries
- South Korea's 0.7346 is below the median for high income countries, which is 0.8224, 89% of the median. (42 countries reporting)
- South Korea's 0.7346 is below the median for East Asia & Pacific, which is 0.8651, 85% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7676 | 0.7492 | 0.7863 | 8 |
| 2020s | 0.7346 | 0.7346 | 0.7346 | 1 |
Countries ranked near South Korea
More public sector data for South Korea
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 222.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is tax revenue decentralization, ratio of this level of government's in South Korea?
- Tax revenue decentralization, ratio of this level of government's in South Korea was 0.7346 in 2020, according to International Monetary Fund.
- What is the highest tax revenue decentralization, ratio of this level of government's recorded in South Korea?
- The highest recorded value was 0.7863 in 2013.
- What is the lowest tax revenue decentralization, ratio of this level of government's recorded in South Korea?
- The lowest recorded value was 0.7346 in 2020.
- How does South Korea rank for tax revenue decentralization, ratio of this level of government's?
- South Korea ranks 61st out of 80 countries with data for 2020.
- Is tax revenue decentralization, ratio of this level of government's rising or falling in South Korea?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is flat.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Tax revenue decentralization, 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.