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Korea - Tax Revenue 1989

Name: Korea Tax Revenue 1989
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

12.47% −0.52% from 1988 Global rank: 17th

Korea's tax revenue was 12.47% in 1989, decreased +0.52% from 12.99% in 1988. This was the 17th highest globally.

Global Ranking - 1989▾

Tax Revenue by Country - 1989
Rank	Country	Value	YoY
1st	Kuwait	1.18%	-4.4%
2nd	Myanmar	4.26%	-5.2%
3rd	Romania	5.12%	13.1%
4th	Iran, Islamic Republic of	5.37%	-1.2%
5th	Bhutan	5.41%	-13.1%
6th	Bolivia, Plurinational State of	7.09%	-2.6%
7th	Switzerland	7.82%	-6.2%
8th	Guinea	7.83%	-
9th	Peru	7.92%	-18.0%
10th	Germany	10.21%	4.4%
11th	India	10.47%	1.1%
12th	United States	10.78%	1.8%
13th	Rwanda	10.83%	3.4%
14th	Türkiye	11.25%	2.0%
15th	Mexico	12.14%	6.4%
16th	Dominican Republic	12.38%	5.8%
17th	Korea	12.47%	-4.0%
18th	Greece	13.18%	-13.9%
19th	Costa Rica	13.70%	-6.8%
20th	Egypt, Arab Republic of	13.84%	-3.6%
21st	Chile	13.86%	-3.1%
22nd	Uruguay	14.53%	-4.3%
23rd	Thailand	15.58%	5.2%
24th	Singapore	15.69%	11.5%
25th	Indonesia	15.96%	5.8%
26th	Spain	16.74%	8.6%
27th	European Union	17.65%	0.5%
28th	Portugal	17.74%	4.4%
29th	Austria	17.88%	-4.1%
30th	Malta	17.90%	1.7%
31st	Cyprus	18.36%	5.6%
32nd	France	19.06%	-1.6%
33rd	Mauritius	19.83%	4.3%
34th	Tunisia	20.15%	-1.7%
35th	Norway	20.48%	-7.6%
36th	Sweden	21.32%	-1.8%
37th	Netherlands	21.86%	-3.2%
38th	Luxembourg	22.60%	-4.1%
39th	Australia	22.61%	-2.1%
40th	Iceland	22.65%	5.1%
41st	United Kingdom	22.76%	-1.0%
42nd	South Africa	23.19%	11.3%
43rd	Italy	23.89%	3.0%
44th	Jamaica	24.49%	4.3%
45th	Finland	24.65%	1.9%
46th	Ireland	25.83%	-10.2%
47th	Israel	26.51%	-6.2%
48th	Hungary	28.84%	-14.0%
49th	Denmark	31.42%	-3.2%
50th	Lesotho	34.20%	11.6%
51st	Seychelles	34.57%	2.2%

FAQ

What was Korea's tax revenue in 1989?▾

Korea's tax revenue in 1989 was 12.47%. This ranked 17th globally.

How did Korea's tax revenue change in 1989?▾

Korea's tax revenue decreased by 4.0% in 1989 compared to 1988.

Which country had the highest tax revenue in 1989?▾

Seychelles had the highest tax revenue in 1989 at 34.57%.

What is the tax revenue of Korea in 1989?▾

The tax revenue of Korea in 1989 was 12.47%. This ranked 17th globally.

How does 1989 compare to 1988 for Korea's tax revenue?▾

Korea's tax revenue went from 12.99% in 1988 to 12.47% in 1989, a 4.0% decrease.

HistorySaid - pattern alert

Korea matched the Export Boom Cycle pattern in 1989. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 10.9%. View full analysis →

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