Proportion of domestic budget funded by domestic taxes in Republic of Korea
Republic of Korea: Proportion of domestic budget funded by domestic taxes was 55.2% in 2023. ▼ Falling
Proportion of domestic budget funded by domestic taxes in Republic of Korea, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, proportion of domestic budget funded by domestic taxes in Republic of Korea stood at 55.2%.
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 Republic of Korea peaked at 96.4% in 2007 and was at its lowest, 54.7%, in 2020.
Republic of 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 Republic of 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 Republic of Korea
More infrastructure data for Republic of Korea
- Proportion of children moderately or severely stunted 1.8% (2024)
- Proportion of children moderately or severely overweight 5.5% (2024)
- Proportion of the target population who received 3 doses of 97.0% (2024)
- Developing countries’ and least developed countries’ share of global 2.5% (2024)
- Developing countries’ and least developed countries’ share of global 2.8% (2024)
- Developing countries’ and least developed countries’ share of global 2.0% (2024)
- Developing countries’ and least developed countries’ share of global 1.6% (2024)
- Proportion of population practicing open defecation, by urban/rural 0.0% (2024)
- Total reserves in months of imports 6.25 (2024)
- Proportion of local breeds classified as being at risk of extinction 94.0% (2025)
Frequently asked questions
- What is proportion of domestic budget funded by domestic taxes in Republic of Korea?
- Proportion of domestic budget funded by domestic taxes in Republic of 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 Republic of Korea?
- The highest recorded value was 96.4% in 2007.
- What is the lowest proportion of domestic budget funded by domestic taxes recorded in Republic of Korea?
- The lowest recorded value was 54.7% in 2020.
- How does Republic of Korea rank for proportion of domestic budget funded by domestic taxes?
- Republic of Korea ranks 102nd out of 182 countries with data for 2023.
- Is proportion of domestic budget funded by domestic taxes rising or falling in Republic of Korea?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is falling.
- Where does this Republic of 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.
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