Tax Revenue (As % of GDP) rose to 15.4% in South Korea in 2017

Tax Revenue (As % of GDP) (%)
Economy | South Korea | December 1, 2019
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Excel Sheet

Tax revenue as a share of GDP reached 15.4 % in 2017 in South Korea, according to the National Statistical Office. This is 3.72 % more than in the previous year.

Historically, tax revenue as a share of GDP in South Korea reached an all time high of 15.5 % in 2007 and an all time low of 10.5 % in 1973.

South Korea has been ranked 65th within the group of 107 countries we follow in terms of tax revenue as a share of GDP, 6 places above the position seen 10 years ago.

Tax revenue refers to compulsory transfers to the central government for public purposes.

Tax Revenue (As % of GDP) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Cambodia % 10.2% 11.1% 12.1% 14.6% 14.6%
China % 10.3% 10.2% 9.87% 9.67% 9.37% ...
Dem. People's Republic of Korea % ... ... ... ... ... ... ... ... ...
India % 8.98% 10.8% 11.0% ... ... ... ...
Japan % 9.36% 9.68% 10.4% 11.5% 11.4%
Laos % 13.1% 13.6% 13.7% 13.8% 13.5%
Russia % 13.9% 13.7% 12.9% 13.2% 10.6%
South Korea % 14.4% 14.7% 14.3% 13.9% 13.9%
Thailand % 16.4% 15.4% 17.0% 15.8% 16.1%
USA % 9.57% 9.80% 10.5% 11.0% 11.2%
Vietnam % 22.2% 19.0% 19.1% ... ... ... ...