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
Characteristic
National tax
Local tax
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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 July 03, 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 July 03, 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: July 03, 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 July 03, 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/