In 2022, the total tax revenue of local governments in South Korea amounted to approximately 118.6 trillion South Korean won, showing an increase from the previous year. The total amount of local government tax collected has shown an upward trend in recent years.
Total tax revenue of local governments in South Korea from 2012 to 2022
(in trillion South Korean won)
The local tax consists of acquisition tax, registration and license tax, leisure tax, tobacco consumption tax, local consumption tax, resident tax, local income tax, property tax, automobile tax, local resource and facility tax, and local education tax.
1,000 South Korean won equals 0.73 U.S. dollars or 0.68 euros as of August 2024.Â
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Statistics Korea. (December 18, 2023). Total tax revenue of local governments in South Korea from 2012 to 2022 (in trillion South Korean won) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1230483/south-korea-local-tax-revenue/
Statistics Korea. "Total tax revenue of local governments in South Korea from 2012 to 2022 (in trillion South Korean won)." Chart. December 18, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1230483/south-korea-local-tax-revenue/
Statistics Korea. (2023). Total tax revenue of local governments in South Korea from 2012 to 2022 (in trillion South Korean won). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1230483/south-korea-local-tax-revenue/
Statistics Korea. "Total Tax Revenue of Local Governments in South Korea from 2012 to 2022 (in Trillion South Korean Won)." Statista, Statista Inc., 18 Dec 2023, https://www.statista.com/statistics/1230483/south-korea-local-tax-revenue/
Statistics Korea, Total tax revenue of local governments in South Korea from 2012 to 2022 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1230483/south-korea-local-tax-revenue/ (last visited November 18, 2024)
Total tax revenue of local governments in South Korea from 2012 to 2022 (in trillion South Korean won) [Graph], Statistics Korea, December 18, 2023. [Online]. Available: https://www.statista.com/statistics/1230483/south-korea-local-tax-revenue/
