In 2022, the national tax accounted for 18.4 percent of South Korea's gross domestic product (GDP). The local government's share was 5.5 percent. While in South Korea, national tax revenues outweigh local ones, 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 2015 to 2022, by level of government
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Ministry of the Interior and Safety (South Korea). (August 22, 2023). Percentage of tax to gross domestic product (GDP) in South Korea from 2015 to 2022, by level of government [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1231175/south-korea-tax-to-gdp-ratio-by-government-level/
Ministry of the Interior and Safety (South Korea). "Percentage of tax to gross domestic product (GDP) in South Korea from 2015 to 2022, by level of government." Chart. August 22, 2023. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1231175/south-korea-tax-to-gdp-ratio-by-government-level/
Ministry of the Interior and Safety (South Korea). (2023). Percentage of tax to gross domestic product (GDP) in South Korea from 2015 to 2022, by level of government. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1231175/south-korea-tax-to-gdp-ratio-by-government-level/
Ministry of the Interior and Safety (South Korea). "Percentage of Tax to Gross Domestic Product (Gdp) in South Korea from 2015 to 2022, by Level of Government." Statista, Statista Inc., 22 Aug 2023, https://www.statista.com/statistics/1231175/south-korea-tax-to-gdp-ratio-by-government-level/
Ministry of the Interior and Safety (South Korea), Percentage of tax to gross domestic product (GDP) in South Korea from 2015 to 2022, by level of government Statista, https://www.statista.com/statistics/1231175/south-korea-tax-to-gdp-ratio-by-government-level/ (last visited November 23, 2024)
Percentage of tax to gross domestic product (GDP) in South Korea from 2015 to 2022, by level of government [Graph], Ministry of the Interior and Safety (South Korea), August 22, 2023. [Online]. Available: https://www.statista.com/statistics/1231175/south-korea-tax-to-gdp-ratio-by-government-level/