South Korea - Tax Revenue (% Of GDP)

Tax revenue (% of GDP) in South Korea was reported at 15.72 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Tax revenue (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.



South Korea - Tax Revenue (% Of GDP)
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.

South Korea | World Bank Development Indicators