Tax revenues vs income inequality, annual growth rate in Republic of Korea
Republic of Korea: Tax revenues vs income inequality, annual growth rate was -9.65 % change on previous year in 2023. ◆ Volatile
Tax revenues vs income inequality, annual growth rate in Republic of Korea, 1981–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for tax revenues vs income inequality, annual growth rate in Republic of Korea is -9.65 % change on previous year, measured in 2023. That is the lowest value across all 43 years on record.
Compared with earlier readings it is down 242.8% on the previous year and down 283.3% over ten years.
Over the whole period, tax revenues vs income inequality, annual growth rate in Republic of Korea peaked at 15.36 % change on previous year in 1990 and was at its lowest, -9.65 % change on previous year, in 2023.
That places Republic of Korea 167th out of 187 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenues vs income inequality, annual growth rate in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -0.9984 % change on previous year | — |
| 1982 | 1.06 % change on previous year | -206.1% |
| 1983 | 1.2 % change on previous year | +13.7% |
| 1984 | -6.04 % change on previous year | -601.8% |
| 1985 | -2.47 % change on previous year | -59.2% |
| 1986 | -2.48 % change on previous year | +0.8% |
| 1987 | 1.6 % change on previous year | -164.3% |
| 1988 | -0.7352 % change on previous year | -146.0% |
| 1989 | 4.85 % change on previous year | -759.6% |
| 1990 | 15.36 % change on previous year | +216.7% |
| 1991 | -1.68 % change on previous year | -110.9% |
| 1992 | -0.5854 % change on previous year | -65.2% |
| 1993 | 1.68 % change on previous year | -387.1% |
| 1994 | 0.5779 % change on previous year | -65.6% |
| 1995 | 1.04 % change on previous year | +79.3% |
| 1996 | 3.17 % change on previous year | +205.6% |
| 1997 | -1.92 % change on previous year | -160.6% |
| 1998 | -0.1697 % change on previous year | -91.2% |
| 1999 | 1.47 % change on previous year | -968.7% |
| 2000 | 8.66 % change on previous year | +487.2% |
| 2001 | 1.43 % change on previous year | -83.5% |
| 2002 | 0.5255 % change on previous year | -63.1% |
| 2003 | 3.14 % change on previous year | +498.3% |
| 2004 | -3.81 % change on previous year | -221.3% |
| 2005 | 2.11 % change on previous year | -155.4% |
| 2006 | 4.43 % change on previous year | +109.9% |
| 2007 | 4.7 % change on previous year | +6.1% |
| 2008 | -0.6795 % change on previous year | -114.4% |
| 2009 | -3.63 % change on previous year | +434.8% |
| 2010 | -1.57 % change on previous year | -56.8% |
| 2011 | 3.51 % change on previous year | -324.0% |
| 2012 | 2.09 % change on previous year | -40.6% |
| 2013 | -2.52 % change on previous year | -220.6% |
| 2014 | 0.9064 % change on previous year | -136.0% |
| 2015 | 1.33 % change on previous year | +46.3% |
| 2016 | 3.96 % change on previous year | +198.3% |
| 2017 | 2.42 % change on previous year | -38.9% |
| 2018 | 4.87 % change on previous year | +101.4% |
| 2019 | 1.72 % change on previous year | -64.7% |
| 2020 | 1.91 % change on previous year | +11.2% |
| 2021 | 6.49 % change on previous year | +239.5% |
| 2022 | 6.76 % change on previous year | +4.1% |
| 2023 | -9.65 % change on previous year | -242.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -0.446 % change on previous year | -6.04 % change on previous year | 4.85 % change on previous year | 9 |
| 1990s | 1.89 % change on previous year | -1.92 % change on previous year | 15.36 % change on previous year | 10 |
| 2000s | 1.69 % change on previous year | -3.81 % change on previous year | 8.66 % change on previous year | 10 |
| 2010s | 1.67 % change on previous year | -2.52 % change on previous year | 4.87 % change on previous year | 10 |
| 2020s | 1.38 % change on previous year | -9.65 % change on previous year | 6.76 % change on previous year | 4 |
Countries ranked near Republic of Korea
- 164 Israel -9.07 % change on previous year compare
- 165 United States of America -9.08 % change on previous year compare
- 166 Kiribati -9.37 % change on previous year compare
- 168 Rwanda -10.38 % change on previous year compare
- 169 Hong Kong, China -10.48 % change on previous year compare
- 170 Angola -10.64 % change on previous year compare
More poverty & inequality data for Republic of Korea
- Number of income/consumption surveys in the past decade available via the World Bank 6 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 0.72 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 6,615 kg per hectare (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 0.0454 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 26.87 (2023)
- Tax revenue as share of GDP vs. income inequality 26.9% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is tax revenues vs income inequality, annual growth rate in Republic of Korea?
- Tax revenues vs income inequality, annual growth rate in Republic of Korea was -9.65 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest tax revenues vs income inequality, annual growth rate recorded in Republic of Korea?
- The highest recorded value was 15.36 % change on previous year in 1990.
- What is the lowest tax revenues vs income inequality, annual growth rate recorded in Republic of Korea?
- The lowest recorded value was -9.65 % change on previous year in 2023.
- How does Republic of Korea rank for tax revenues vs income inequality, annual growth rate?
- Republic of Korea ranks 167th out of 187 countries with data for 2023.
- Is tax revenues vs income inequality, annual growth rate rising or falling in Republic of Korea?
- Over the last ten years it is down 283.3%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Tax revenues vs income inequality, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue as share of GDP vs. income inequality UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.