Proportion of domestic budget funded by domestic taxes in Korea
Korea: Proportion of domestic budget funded by domestic taxes was 55.2% in 2023. ▼ Falling
Proportion of domestic budget funded by domestic taxes in Korea, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Korea recorded 55.2% for proportion of domestic budget funded by domestic taxes in 2023.
Compared with earlier readings it is down 10.7% on the previous year and down 1.7% over ten years.
Over the whole period, proportion of domestic budget funded by domestic taxes in Korea peaked at 96.4% in 2007 and was at its lowest, 54.7%, in 2020.
Korea ranks 102nd of 182 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Proportion of domestic budget funded by domestic taxes in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 85.8% | — |
| 2001 | 77.2% | -10.1% |
| 2002 | 80.5% | +4.3% |
| 2003 | 73.9% | -8.2% |
| 2004 | 67.5% | -8.6% |
| 2005 | 70.6% | +4.5% |
| 2006 | 70.5% | -0.0% |
| 2007 | 96.4% | +36.7% |
| 2008 | 75.5% | -21.7% |
| 2009 | 64.0% | -15.2% |
| 2010 | 72.3% | +13.0% |
| 2011 | 73.9% | +2.1% |
| 2012 | 55.8% | -24.4% |
| 2013 | 56.2% | +0.6% |
| 2014 | 55.9% | -0.5% |
| 2015 | 56.5% | +1.2% |
| 2016 | 61.1% | +8.0% |
| 2017 | 61.9% | +1.3% |
| 2018 | 66.3% | +7.1% |
| 2019 | 60.2% | -9.1% |
| 2020 | 54.7% | -9.2% |
| 2021 | 60.0% | +9.8% |
| 2022 | 61.8% | +3.0% |
| 2023 | 55.2% | -10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 76.2% | 64.0% | 96.4% | 10 |
| 2010s | 62.0% | 55.8% | 73.9% | 10 |
| 2020s | 57.9% | 54.7% | 61.8% | 4 |
Countries ranked near Korea
More infrastructure data for Korea
- Mobile cellular subscriptions 89.22 million (2024)
- Mobile cellular subscriptions 172.52 per 100 people (2024)
- Fixed telephone subscriptions 21.29 million (2024)
- Fixed telephone subscriptions 41.17 per 100 people (2024)
- Fixed telephone subscriptions, per capita 0.4114 units per person (2024)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Fixed telephone subscriptions, annual growth rate -3.9 % change on previous year (2024)
- Fixed telephone subscriptions, gaps filled 21.29 million (2024)
- Mobile cellular subscriptions, per capita 1.72 units per person (2024)
- Mobile cellular subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is proportion of domestic budget funded by domestic taxes in Korea?
- Proportion of domestic budget funded by domestic taxes in Korea was 55.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest proportion of domestic budget funded by domestic taxes recorded in Korea?
- The highest recorded value was 96.4% in 2007.
- What is the lowest proportion of domestic budget funded by domestic taxes recorded in Korea?
- The lowest recorded value was 54.7% in 2020.
- How does Korea rank for proportion of domestic budget funded by domestic taxes?
- Korea ranks 102nd out of 182 countries with data for 2023.
- Is proportion of domestic budget funded by domestic taxes rising or falling in Korea?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of domestic budget funded by domestic taxes (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).