Tax revenue as a share of gdp reached 15.7% in 2023 in South Korea, according to the National Statistical Office. This is 14.7% less than in the previous year.
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.
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