South Korea Tax Revenue: % of GDP

Key information about South Korea Tax revenue: % of GDP

• South Korea Tax revenue: % of GDP was reported at 12.2 % in Dec 2024.
• This records a decrease from the previous number of 13.5 % for Sep 2024.
• South Korea Tax revenue: % of GDP data is updated quarterly, averaging 13.4 % from Mar 2000 to Dec 2024, with 100 observations.
• The data reached an all-time high of 20.1 % in Mar 2022 and a record low of 10.1 % in Dec 2011.
• South Korea Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from monthly Tax Revenue and quarterly Nominal GDP. Ministry of Economy and Finance provides year-to-date Tax Revenue in local currency. The Bank of Korea provides the Nominal GDP in local currency. Tax Revenue covers Central Government only.

View South Korea's Tax Revenue: % of GDP from Mar 2000 to Dec 2024 in the chart:

What was South Korea's Tax Revenue: % of GDP in Dec 2024?

South Korea Tax revenue: % of GDP was reported at 12.2 % in Dec 2024. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
12.2 Dec 2024	13.5 Sep 2024	10.1 Dec 2011	20.1 Mar 2022	%	quarterly	Mar 2000 - Dec 2024

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