Tax revenues vs income inequality, gaps filled in Republic of Korea

Republic of Korea: Tax revenues vs income inequality, gaps filled was 26.87 in 2023. ▲ Rising

Latest (2023)
26.87
Change on year
down 9.7%
World rank
55th
of 187 countries
All-time high
29.74
in 2022
All-time low
14.7
in 1986
Years of data
44
1980–2023

Tax revenues vs income inequality, gaps filled in Republic of Korea, 1980–2023

01020301980200120231980: 16.21981: 16.11982: 16.31983: 16.41984: 15.51985: 15.11986: 14.71987: 14.91988: 14.81989: 15.51990: 17.91991: 17.61992: 17.51993: 17.81994: 17.91995: 18.11996: 18.71997: 18.31998: 18.31999: 18.62000: 20.22001: 20.52002: 20.62003: 21.22004: 20.42005: 20.82006: 21.82007: 22.82008: 22.62009: 21.82010: 21.52011: 22.22012: 22.72013: 22.12014: 22.32015: 22.62016: 23.52017: 24.12018: 25.22019: 25.72020: 26.22021: 27.92022: 29.72023: 26.9

Source: Statizoid (derived).

Analysis

Republic of Korea recorded 26.87 for tax revenues vs income inequality, gaps filled in 2023.

Compared with earlier readings it is down 9.7% on the previous year and up 21.5% over ten years.

Over the whole period, tax revenues vs income inequality, gaps filled in Republic of Korea peaked at 29.74 in 2022 and was at its lowest, 14.7, in 1986.

Republic of Korea ranks 55th of 187 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 44 years of available data.

Tax revenues vs income inequality, gaps filled in Republic of Korea, year by year

Annual values for Tax revenues vs income inequality, gaps filled in Republic of Korea, 1980 to 2023.
Year Value Change
1980 16.25
1981 16.08 -1.0%
1982 16.25 +1.1%
1983 16.45 +1.2%
1984 15.46 -6.0%
1985 15.08 -2.5%
1986 14.7 -2.5%
1987 14.94 +1.6%
1988 14.83 -0.7%
1989 15.54 +4.8%
1990 17.93 +15.4%
1991 17.63 -1.7%
1992 17.53 -0.6%
1993 17.82 +1.7%
1994 17.92 +0.6%
1995 18.11 +1.0%
1996 18.68 +3.2%
1997 18.33 -1.9%
1998 18.29 -0.2%
1999 18.56 +1.5%
2000 20.17 +8.7%
2001 20.46 +1.4%
2002 20.57 +0.5%
2003 21.21 +3.1%
2004 20.4 -3.8%
2005 20.83 +2.1%
2006 21.76 +4.4%
2007 22.78 +4.7%
2008 22.63 -0.7%
2009 21.8 -3.6%
2010 21.46 -1.6%
2011 22.22 +3.5%
2012 22.68 +2.1%
2013 22.11 -2.5%
2014 22.31 +0.9%
2015 22.61 +1.3%
2016 23.5 +4.0%
2017 24.07 +2.4%
2018 25.24 +4.9%
2019 25.67 +1.7%
2020 26.16 +1.9%
2021 27.86 +6.5%
2022 29.74 +6.8%
2023 26.87 -9.7%

Averages by decade

DecadeAverage LowestHighest Years
1980s 15.56 14.7 16.45 10
1990s 18.08 17.53 18.68 10
2000s 21.26 20.17 22.78 10
2010s 23.19 21.46 25.67 10
2020s 27.66 26.16 29.74 4

Countries ranked near Republic of Korea

  1. 52 Romania 27.54 compare
  2. 53 Seychelles 27.24 compare
  3. 54 Namibia 26.98 compare
  4. 56 Switzerland 26.79 compare
  5. 57 Samoa 26.42 compare
  6. 58 Saint Vincent and the Grenadines 26.18 compare

See the full ranking of 187 places →

More poverty & inequality data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is tax revenues vs income inequality, gaps filled in Republic of Korea?
Tax revenues vs income inequality, gaps filled in Republic of Korea was 26.87 in 2023, according to Statizoid (derived).
What is the highest tax revenues vs income inequality, gaps filled recorded in Republic of Korea?
The highest recorded value was 29.74 in 2022.
What is the lowest tax revenues vs income inequality, gaps filled recorded in Republic of Korea?
The lowest recorded value was 14.7 in 1986.
How does Republic of Korea rank for tax revenues vs income inequality, gaps filled?
Republic of Korea ranks 55th out of 187 countries with data for 2023.
Is tax revenues vs income inequality, gaps filled rising or falling in Republic of Korea?
Over the last ten years it is up 21.5%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?
The figures come from Statizoid (derived), published as part of Tax revenues vs income inequality, gaps filled. Statizoid updates them automatically from the source API.

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Tax revenues vs income inequality, gaps filled in Republic of Korea. Statizoid, drawing on Statizoid (derived). Retrieved 29 August 2026, from https://poverty.statizoid.com/stat/tax-revenues-vs-income-inequality-gaps-filled/korea-rep/

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How this figure is calculated

Tax revenues vs income inequality with 52 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

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

Indicator
Tax revenues vs income inequality, gaps filled
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 6,336 data points, 1980–2023
Last refreshed

Tax revenues vs income inequality with 52 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.