Tax revenues vs income inequality in Korea
Korea: Tax revenues vs income inequality was 26.87 in 2023. ▲ Rising
Latest (2023)
26.87
Change on year
down 9.7%
World rank
55th
of 186 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 in Korea, 1980–2023
Source: Our World in Data.
Analysis
Korea recorded 26.87 for tax revenues vs income inequality in 2023.
The figure is down 9.7% on the previous year and up 21.5% over ten years.
Over the whole period, tax revenues vs income inequality in Korea peaked at 29.74 in 2022 and was at its lowest, 14.7, in 1986.
That places Korea 55th out of 186 countries with data for 2023, putting it 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 in Korea, year by year
| 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
| Decade | Average | Lowest | Highest | 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 Korea
- 52 Romania 27.54 compare
- 53 Seychelles 27.24 compare
- 54 Namibia 26.98 compare
- 56 Switzerland 26.79 compare
- 57 Samoa 26.42 compare
- 58 Saint Vincent and the Grenadines 26.18 compare
More poverty & inequality data for Korea
- Data deprivation poverty surveys per decade 6 (2025)
- Fertility rate vs the share living in extreme poverty 0.72 (2023)
- Cereal yield vs extreme poverty 6,615 (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 revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate -9.65 % change on previous year (2023)
- Gender inequality index from the human development report 0.038 (2023)
- Share of government consumption in gdp vs share in extreme poverty 18.63 (2023)
Frequently asked questions
- What is tax revenues vs income inequality in Korea?
- Tax revenues vs income inequality in Korea was 26.87 in 2023, according to Our World in Data.
- What is the highest tax revenues vs income inequality recorded in Korea?
- The highest recorded value was 29.74 in 2022.
- What is the lowest tax revenues vs income inequality recorded in Korea?
- The lowest recorded value was 14.7 in 1986.
- How does Korea rank for tax revenues vs income inequality?
- Korea ranks 55th out of 186 countries with data for 2023.
- Is tax revenues vs income inequality rising or falling in Korea?
- Over the last ten years it is up 21.5%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Our World in Data, published as part of Tax revenues vs income inequality. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (Our World in Data).