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Government Revenue / South Korea
Public Finance

South Korea Government Revenue

South Korea government revenue data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 27.35 percent.
COUNTRY: South Korea
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: live
UPDATED: 2026-06-08 04:08:08
Economy Data Rating
South Korea · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
A
84 / 100
Strong stability
Fiscal stability 21.5 / 25
Macroeconomic stability 18 / 20
External stability 12.1 / 15
Financial robustness 11.7 / 15
Structural stability 10 / 10
Future capacity 10 / 10
Demographic capacity 2.5 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 87% of weighted inputs available.
Time range: 1972–2023 1972– 2023
1972 2023
Selected year: 2023 · Value: n/a 2023

South Korea · government revenue excluding grants as a percentage of gdp.

1972–2023
27.35 percent of GDP
29.77 percent of GDP
26.05 percent of GDP
37 selected year
max 8 6 4 2 0
1972 1982 1992 2002 2012 2022 2023
government revenue rate reference line

Countries by government revenue

full ranking
Country Rate Class
Norway 53.29
Austria 45.07
Greece 44.76
Luxembourg 44.59
Kuwait 43.76
Slovenia 43.53
France 42.11
Finland 41.8

Interpretation

short note

This public finance indicator helps assess fiscal capacity, budget pressure and the role of government.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
China 14.92
India 9.11
Japan 19.75
United States 18.12
Germany 29.37

Related indicators

internal links
Tax Revenue GC.TAX.TOTL.GD.ZS
Government Expense GC.XPN.TOTL.GD.ZS
Government Debt GC.DOD.TOTL.GD.ZS
Fiscal Balance GC.BAL.CASH.GD.ZS
GDP Growth NY.GDP.MKTP.KD.ZG

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: GC.REV.XGRT.GD.ZS

Cache: live · Updated: 2026-06-08 04:08:08

South Korea Snapshot

country profile
Population 51.75 m
GDP 1872.37 bn
Debt/GDP 48.55%
Inflation 2.12%
Unemployment 2.68%
Currency n/a
Region Asia
Income group High income

South Korea Government Revenue: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Government Revenue for South Korea. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: south korea government revenue rate, government revenue data south korea, south korea government revenue statistics, south korea percent of gdp, government revenue excluding grants as a percentage of gdp..