In 2021, the ratio of taxes to gross domestic product (GDP) in South Korea stood at around 22 percent, showing a slight increase from the previous year. The ratio of tax burden to GDP in South Korea has increased in recent years.
Percentage of tax to gross domestic product (GDP) in South Korea from 2012 to 2021
Characteristic
Tax-to-GDP ratio
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Statistics Korea. (November 17, 2022). Percentage of tax to gross domestic product (GDP) in South Korea from 2012 to 2021 [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1231159/south-korea-tax-to-gdp-ratio/
Statistics Korea. "Percentage of tax to gross domestic product (GDP) in South Korea from 2012 to 2021." Chart. November 17, 2022. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1231159/south-korea-tax-to-gdp-ratio/
Statistics Korea. (2022). Percentage of tax to gross domestic product (GDP) in South Korea from 2012 to 2021. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1231159/south-korea-tax-to-gdp-ratio/
Statistics Korea. "Percentage of Tax to Gross Domestic Product (Gdp) in South Korea from 2012 to 2021." Statista, Statista Inc., 17 Nov 2022, https://www.statista.com/statistics/1231159/south-korea-tax-to-gdp-ratio/
Statistics Korea, Percentage of tax to gross domestic product (GDP) in South Korea from 2012 to 2021 Statista, https://www.statista.com/statistics/1231159/south-korea-tax-to-gdp-ratio/ (last visited July 03, 2024)
Percentage of tax to gross domestic product (GDP) in South Korea from 2012 to 2021 [Graph], Statistics Korea, November 17, 2022. [Online]. Available: https://www.statista.com/statistics/1231159/south-korea-tax-to-gdp-ratio/