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Tax Revenue (Local Currency) in South Korea

Source: World Bank
Last Updated: September 1, 2025

Tax revenue reached KRW 351,647 bil in 2023 in South Korea, according to the National Statistical Office. This is 11.8% less than in the previous year.

Historically, tax revenue in South Korea reached an all time high of KRW 398,730 bil in 2022 and an all time low of KRW 476 bil in 1972.

South Korea has been ranked 1st within the group of 83 countries we follow in terms of tax revenue.

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