Korea - Revenue
Revenue, excluding grants (current LCU)
The value for Revenue, excluding grants (current LCU) in Korea was 536,553,000,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 536,553,000,000,000 in 2019 and a minimum value of 550,000,000,000 in 1972.
Definition: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1972 | 550,000,000,000 |
| 1973 | 659,000,000,000 |
| 1974 | 1,013,000,000,000 |
| 1975 | 1,537,000,000,000 |
| 1976 | 2,312,000,000,000 |
| 1977 | 2,938,000,000,000 |
| 1978 | 4,084,000,000,000 |
| 1979 | 5,376,000,000,000 |
| 1980 | 6,738,000,000,000 |
| 1981 | 8,534,000,000,000 |
| 1982 | 9,875,000,000,000 |
| 1983 | 11,418,000,000,000 |
| 1984 | 12,511,000,000,000 |
| 1985 | 13,738,000,000,000 |
| 1986 | 15,721,000,000,000 |
| 1987 | 18,510,000,000,000 |
| 1988 | 22,558,000,000,000 |
| 1989 | 25,502,000,000,000 |
| 1990 | 31,332,000,000,000 |
| 1991 | 35,948,000,000,000 |
| 1992 | 42,870,000,000,000 |
| 1993 | 49,833,000,000,000 |
| 1994 | 59,725,000,000,000 |
| 1995 | 70,862,000,000,000 |
| 1996 | 82,971,000,000,000 |
| 1997 | 90,740,000,000,000 |
| 1998 | 95,349,400,000,000 |
| 1999 | 106,006,000,000,000 |
| 2000 | 134,647,000,000,000 |
| 2001 | 141,864,000,000,000 |
| 2002 | 155,444,000,000,000 |
| 2003 | 168,216,000,000,000 |
| 2004 | 175,250,000,000,000 |
| 2005 | 188,544,000,000,000 |
| 2006 | 206,084,000,000,000 |
| 2007 | 236,006,000,000,000 |
| 2008 | 246,609,000,000,000 |
| 2009 | 245,477,000,000,000 |
| 2010 | 265,780,000,000,000 |
| 2011 | 287,404,000,000,000 |
| 2012 | 383,821,000,000,000 |
| 2013 | 391,941,000,000,000 |
| 2014 | 390,552,000,000,000 |
| 2015 | 411,421,000,000,000 |
| 2016 | 448,376,000,000,000 |
| 2017 | 480,672,000,000,000 |
| 2018 | 521,033,000,000,000 |
| 2019 | 536,553,000,000,000 |
Revenue, excluding grants (% of GDP)
Revenue, excluding grants (% of GDP) in Korea was 27.88 as of 2019. Its highest value over the past 47 years was 27.88 in 2019, while its lowest value was 11.92 in 1973.
Definition: Revenue is cash receipts from taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales. Grants are also considered as revenue but are excluded here.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1972 | 12.89 |
| 1973 | 11.92 |
| 1974 | 12.81 |
| 1975 | 14.58 |
| 1976 | 15.97 |
| 1977 | 15.79 |
| 1978 | 16.24 |
| 1979 | 16.59 |
| 1980 | 16.96 |
| 1981 | 17.18 |
| 1982 | 17.24 |
| 1983 | 16.77 |
| 1984 | 15.92 |
| 1985 | 15.59 |
| 1986 | 15.27 |
| 1987 | 15.21 |
| 1988 | 15.45 |
| 1989 | 15.38 |
| 1990 | 15.62 |
| 1991 | 14.83 |
| 1992 | 15.45 |
| 1993 | 15.81 |
| 1994 | 16.03 |
| 1995 | 16.22 |
| 1996 | 16.90 |
| 1997 | 16.74 |
| 1998 | 17.75 |
| 1999 | 17.92 |
| 2000 | 20.66 |
| 2001 | 20.07 |
| 2002 | 19.81 |
| 2003 | 20.09 |
| 2004 | 19.29 |
| 2005 | 19.69 |
| 2006 | 20.49 |
| 2007 | 21.66 |
| 2008 | 21.37 |
| 2009 | 20.37 |
| 2010 | 20.10 |
| 2011 | 20.69 |
| 2012 | 26.65 |
| 2013 | 26.12 |
| 2014 | 24.99 |
| 2015 | 24.81 |
| 2016 | 25.76 |
| 2017 | 26.18 |
| 2018 | 27.45 |
| 2019 | 27.88 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
