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Korea - Tax Revenue 2018

Name: Korea Tax Revenue 2018
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

14.69% +0.94% from 2017 Global rank: 61st

Korea's tax revenue was 14.69% in 2018, increased +0.94% from 13.76% in 2017. This was the 61st highest globally.

Global Ranking - 2018▾

Tax Revenue by Country - 2018
Rank	Country	Value	YoY
1st	Somalia, Fed. Rep.	0.00%	17.4%
2nd	United Arab Emirates	0.06%	-10.5%
3rd	Bahrain	1.09%	16.7%
4th	Iraq	1.98%	-26.2%
5th	Myanmar	2.76%	-54.6%
6th	Equatorial Guinea	6.17%	3.1%
7th	Congo, Republic of	6.83%	-32.6%
8th	Zimbabwe	7.21%	32.0%
9th	Congo, Democratic Republic of	7.44%	11.4%
10th	Bangladesh	7.73%	10.5%
11th	Saudi Arabia	7.92%	151.8%
12th	Central African Republic	8.64%	22.0%
13th	Guinea-Bissau	8.86%	-6.6%
14th	China	8.89%	-3.9%
15th	Panama	9.59%	-0.8%
16th	Switzerland	9.69%	-3.7%
17th	Mali	9.78%	-26.6%
18th	Argentina	9.79%	-10.5%
19th	Angola	9.93%	23.3%
20th	United States	9.99%	-13.8%
21st	Paraguay	10.08%	1.2%
22nd	Gabon	10.22%	-7.8%
23rd	Madagascar	10.28%	2.5%
24th	Guatemala	10.56%	-0.7%
25th	Sri Lanka	11.15%	-3.9%
26th	Russian Federation	11.47%	11.5%
27th	Côte d'Ivoire	11.67%	-0.8%
28th	Uganda	11.68%	0.7%
29th	Tanzania	11.70%	-1.2%
30th	Kazakhstan	11.72%	13.7%
31st	Lao PDR	11.72%	-4.2%
32nd	Germany	11.95%	-0.2%
33rd	India	12.02%	5.5%
34th	Malaysia	12.02%	-7.1%
35th	Malawi	12.18%	-0.1%
36th	Ghana	12.24%	5.8%
37th	Cameroon	12.35%	4.0%
38th	Cambodia	12.64%	6.0%
39th	Uzbekistan	12.70%	22.4%
40th	Mexico	12.71%	0.2%
41st	Togo	12.86%	-1.5%
42nd	Azerbaijan	12.97%	-1.5%
43rd	Singapore	13.01%	-6.9%
44th	Canada	13.06%	3.5%
45th	Costa Rica	13.18%	-0.5%
46th	Dominican Republic	13.19%	-0.4%
47th	Papua New Guinea	13.19%	4.7%
48th	Brazil	13.94%	2.5%
49th	Philippines	14.05%	3.3%
50th	Andorra	14.12%	-
51st	Spain	14.13%	3.7%
52nd	Rwanda	14.25%	5.9%
53rd	Peru	14.29%	8.4%
54th	Ecuador	14.29%	4.4%
55th	Bahamas, The	14.32%	-3.2%
56th	Kenya	14.36%	-4.6%
57th	Romania	14.47%	-7.1%
58th	Colombia	14.61%	-1.6%
59th	Czechia	14.66%	-1.0%
60th	Belarus	14.67%	12.7%
61st	Korea	14.69%	6.8%
62nd	Jordan	14.73%	0.2%
63rd	Burkina Faso	15.29%	0.2%
64th	Lebanon	15.33%	-0.2%
65th	Thailand	15.70%	1.2%
66th	Nicaragua	15.70%	-5.3%
67th	Bhutan	15.80%	33.3%
68th	Latvia	16.20%	-5.9%
69th	Senegal	16.38%	3.0%
70th	Zambia	16.59%	9.2%
71st	Mongolia	16.69%	23.2%
72nd	Lithuania	16.75%	-0.1%
73rd	Türkiye	17.14%	-3.2%
74th	Poland	17.18%	2.7%
75th	North Macedonia	17.57%	2.4%
76th	Ireland	17.63%	0.0%
77th	Vanuatu	17.84%	4.1%
78th	Kiribati	17.91%	-3.0%
79th	Marshall Islands	17.92%	1.7%
80th	San Marino	17.96%	9.0%
81st	Kyrgyz Republic	18.00%	5.6%
82nd	Moldova	18.01%	1.6%
83rd	El Salvador	18.13%	2.1%
84th	Mauritius	18.13%	2.5%
85th	Albania	18.28%	-1.5%
86th	Uruguay	18.32%	1.4%
87th	Chile	18.40%	5.1%
88th	Slovak Republic	18.46%	-0.2%
89th	Cabo Verde	18.93%	6.3%
90th	Nepal	19.08%	6.0%
91st	European Union	19.82%	0.3%
92nd	Trinidad and Tobago	19.88%	8.0%
93rd	Bulgaria	19.98%	-2.6%
94th	Bosnia and Herzegovina	20.14%	0.8%
95th	Ukraine	20.14%	0.4%
96th	Maldives	20.14%	-2.6%
97th	Morocco	20.29%	0.8%
98th	Estonia	20.83%	-0.2%
99th	Armenia	20.87%	0.4%
100th	Finland	20.96%	0.4%
101st	Palau	20.99%	7.8%
102nd	Mozambique	21.19%	-4.2%
103rd	Tonga	21.74%	4.4%
104th	Botswana	21.74%	-9.2%
105th	Croatia	21.79%	-1.0%
106th	Slovenia	22.03%	0.6%
107th	Georgia	22.05%	-4.2%
108th	Hungary	22.45%	-1.7%
109th	Iceland	22.62%	-4.2%
110th	Serbia	22.64%	-2.1%
111th	Israel	22.72%	-6.2%
112th	Portugal	22.84%	0.9%
113th	Netherlands	22.95%	-0.5%
114th	Australia	23.12%	5.0%
115th	Norway	23.31%	4.6%
116th	Cyprus	23.83%	0.1%
117th	Samoa	23.88%	1.7%
118th	Fiji	23.99%	-2.7%
119th	Belgium	24.04%	2.1%
120th	Italy	24.24%	-1.8%
121st	France	24.31%	2.2%
122nd	Eswatini	24.33%	-7.6%
123rd	South Africa	24.89%	0.5%
124th	Jamaica	24.99%	1.6%
125th	Timor-Leste	25.25%	24.8%
126th	United Kingdom	25.33%	-0.4%
127th	Malta	25.43%	-2.2%
128th	Solomon Islands	25.53%	3.1%
129th	Austria	25.72%	-0.2%
130th	Micronesia, Federated States of	25.83%	143.0%
131st	Luxembourg	26.89%	9.7%
132nd	Greece	27.11%	1.4%
133rd	New Zealand	27.46%	0.6%
134th	Sweden	28.34%	-0.7%
135th	Nauru	28.84%	27.9%
136th	Namibia	28.93%	-7.6%
137th	Macao SAR, China	29.50%	1.4%
138th	Lesotho	31.82%	-3.6%
139th	Denmark	32.38%	-2.7%

FAQ

What was Korea's tax revenue in 2018?▾

Korea's tax revenue in 2018 was 14.69%. This ranked 61st globally.

How did Korea's tax revenue change in 2018?▾

Korea's tax revenue increased by 6.8% in 2018 compared to 2017.

Which country had the highest tax revenue in 2018?▾

Denmark had the highest tax revenue in 2018 at 32.38%.

What is the tax revenue of Korea in 2018?▾

The tax revenue of Korea in 2018 was 14.69%. This ranked 61st globally.

How does 2018 compare to 2017 for Korea's tax revenue?▾

Korea's tax revenue went from 13.76% in 2017 to 14.69% in 2018, a 6.8% increase.

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