South Korea: Tax revenue

(measure: percent; source: The World Bank)

South Korea: Tax revenue, percent of GDP

: For that indicator, The World Bank provides data for South Korea from 1972 to 2015. The average value for South Korea during that period was 13.74 percent with a minumum of 10.5 percent in 1973 and a maximum of 15.48 percent in 2007. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.