Tax revenue as a share of GDP fell 14.7% to 15.7% in South Korea in 2023, according to the National Statistical Office.
Historically, tax revenue as a share of GDP in South Korea reached an all time high of 18.4% in 2022 and an all time low of 10.5% in 1973.
South Korea has been ranked 48th within the group of 83 countries we follow in terms of tax revenue as a share of GDP, 33 places above the position seen 10 years ago.
| Tax Revenue (As % of GDP) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Cambodia | % | 11.9% | 12.6% | 14.6% | 13.3% | 12.0% | ||||||||||||||||
| China | % | ... | ... | 9.25% | 8.89% | 8.33% | 7.92% | 7.80% | ||||||||||||||
| Dem. People's Republic of Korea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| India | % | 11.4% | 12.0% | ... | ... | ... | ... | |||||||||||||||
| Japan | % | 11.6% | 11.9% | ... | ... | ... | ... | ... | ||||||||||||||
| Laos | % | ... | ... | ... | 12.2% | 11.7% | 11.5% | 9.40% | 10.4% | ... | ||||||||||||
| Russia | % | 10.3% | 11.5% | 10.9% | 10.8% | 11.7% | ||||||||||||||||
| South Korea | % | 14.5% | 15.5% | 15.2% | 14.9% | 16.7% | ||||||||||||||||
| Thailand | % | 15.5% | 15.7% | 15.4% | 15.2% | 15.1% | ||||||||||||||||
| USA | % | 11.5% | 9.93% | 9.88% | 10.2% | 11.4% | ||||||||||||||||
| Vietnam | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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