In 2022, the total revenue of all industries in South Korea (finance and insurance sectors excluded) amounted to approximately 3,238 trillion South Korean won. This was an increase of almost 500 trillion won compared with sales in the previous year.

Key information about South Korea Tax Revenue

• South Korea Tax Revenue was reported at 32.089 USD bn in Jan 2025.
• This records an increase from the previous figure of 14.444 USD bn for Dec 2024.
• South Korea Tax Revenue data is updated monthly, averaging 13.511 USD bn from Jan 2000 to Jan 2025, with 301 observations.
• The data reached an all-time high of 45.986 USD bn in Apr 2022 and a record low of 135.840 USD mn in Nov 2008.
• South Korea Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Monthly.

Korea Central Government: Total Revenue: Year to Date: Tax Revenue: General Account data was reported at 207,600.000 KRW bn in Aug 2018. This records an increase from the previous number of 184,900.000 KRW bn for Jul 2018. Korea Central Government: Total Revenue: Year to Date: Tax Revenue: General Account data is updated monthly, averaging 120,750.000 KRW bn from Jan 2011 (Median) to Aug 2018, with 92 observations. The data reached an all-time high of 258,500.000 KRW bn in Dec 2017 and a record low of 23,600.000 KRW bn in Jan 2011. Korea Central Government: Total Revenue: Year to Date: Tax Revenue: General Account data remains active status in CEIC and is reported by Ministry of Strategy and Finance. The data is categorized under Global Database’s Korea – Table KR.F008: Central Government Fiscal Balance.

In December 2023, the total revenue of the South Korean government amounted to approximately 543.6 trillion South Korean won, down from about 588 trillion won in the previous year. The government's revenue has steadily increased over the past few years, except for 2023.

According to a survey conducted on blockchain companies in South Korea in 2024, the proportion of such companies that had recorded less than one billion South Korean won in revenue in 2023 amounted to about 46 percent. In the same year, around 19.5 percent of the companies responded that their revenue was more than 10 billion won.

Government Revenues in South Korea increased to 151460 KRW Billion in March from 97934 KRW Billion in February of 2025. This dataset provides - South Korea Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Korea Central Government: Total Revenue: Year to Date: Non Tax Revenue (NR) data was reported at 18,400.000 KRW bn in Aug 2018. This records an increase from the previous number of 16,800.000 KRW bn for Jul 2018. Korea Central Government: Total Revenue: Year to Date: Non Tax Revenue (NR) data is updated monthly, averaging 14,300.000 KRW bn from Jan 2011 (Median) to Aug 2018, with 92 observations. The data reached an all-time high of 27,300.000 KRW bn in Dec 2013 and a record low of 1,400.000 KRW bn in Jan 2016. Korea Central Government: Total Revenue: Year to Date: Non Tax Revenue (NR) data remains active status in CEIC and is reported by Ministry of Strategy and Finance. The data is categorized under Global Database’s Korea – Table KR.F008: Central Government Fiscal Balance.

In 2023, the net income of all industries in South Korea, excluding the finance and insurance sectors, amounted to about 150.83 trillion South Korean won. This was a decrease from about 197.26 trillion won in the previous year.

Korea GG: Total Revenue data was reported at 610,152.500 KRW bn in 2017. This records an increase from the previous number of 568,685.800 KRW bn for 2016. Korea GG: Total Revenue data is updated yearly, averaging 82,071.400 KRW bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 610,152.500 KRW bn in 2017 and a record low of 562.100 KRW bn in 1970. Korea GG: Total Revenue data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.F011: General Government Account: Total Revenue and Total Expenditure.

In 2023, the total revenue of public health insurance in South Korea was approximately 96.4 trillion South Korean won, an increase from the previous year. Total revenues have risen steadily over the past decade.

South Korea Central Government: Total Revenue: Year to Date: Tax Revenue: Income Tax data was reported at 30,300.000 KRW bn in Mar 2025. This records an increase from the previous number of 26,800.000 KRW bn for Feb 2025. South Korea Central Government: Total Revenue: Year to Date: Tax Revenue: Income Tax data is updated monthly, averaging 44,500.000 KRW bn from Jan 2014 (Median) to Mar 2025, with 135 observations. The data reached an all-time high of 128,700.000 KRW bn in Dec 2022 and a record low of 5,500.000 KRW bn in Jan 2014. South Korea Central Government: Total Revenue: Year to Date: Tax Revenue: Income Tax data remains active status in CEIC and is reported by Ministry of Economy and Finance. The data is categorized under Global Database’s South Korea – Table KR.F005: Central Government Fiscal Balance.

South Korea Total Environment: Tax Revenue: % of Total Tax Revenue: Energy data was reported at 4.086 % in 2016. This records a decrease from the previous number of 4.119 % for 2015. South Korea Total Environment: Tax Revenue: % of Total Tax Revenue: Energy data is updated yearly, averaging 8.205 % from Dec 1994 (Median) to 2016, with 23 observations. The data reached an all-time high of 9.552 % in 2001 and a record low of 3.924 % in 1994. South Korea Total Environment: Tax Revenue: % of Total Tax Revenue: Energy data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.ESG: Environmental: Environmentally Related Tax Revenue: by Environmental Domain: OECD Member: Annual.

In 2023, the total revenue from inheritance taxes in South Korea amounted to about 8.54 trillion South Korean won, showing an increase compared to the previous year. The inheritance tax revenue in South Korea has increased steadily in the last few years, particularly after 2020.

In 2023, the total revenue from employment income taxes in South Korea amounted to about 62 trillion South Korean won, showing an increase compared to the previous year. The employment income tax revenue in South Korea has increased steadily in the last years.

Korea GG: Inc: Taxes on Income, Receivable data was reported at 154,331.200 KRW bn in 2017. This records an increase from the previous number of 139,813.400 KRW bn for 2016. Korea GG: Inc: Taxes on Income, Receivable data is updated yearly, averaging 20,346.850 KRW bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 154,331.200 KRW bn in 2017 and a record low of 137.000 KRW bn in 1970. Korea GG: Inc: Taxes on Income, Receivable data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.F011: General Government Account: Total Revenue and Total Expenditure.

Korea GG: Inc: Net Disposable Income data was reported at 359,532.200 KRW bn in 2017. This records an increase from the previous number of 331,096.800 KRW bn for 2016. Korea GG: Inc: Net Disposable Income data is updated yearly, averaging 59,208.150 KRW bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 359,532.200 KRW bn in 2017 and a record low of 440.700 KRW bn in 1970. Korea GG: Inc: Net Disposable Income data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.F011: General Government Account: Total Revenue and Total Expenditure.

Korea Central Government: Total Revenue: Year to Date: Tax Revenue data was reported at 140,700.000 KRW bn in May 2018. This records an increase from the previous number of 109,800.000 KRW bn for Apr 2018. Korea Central Government: Total Revenue: Year to Date: Tax Revenue data is updated monthly, averaging 123,800.000 KRW bn from Jan 2011 (Median) to May 2018, with 89 observations. The data reached an all-time high of 265,400.000 KRW bn in Dec 2017 and a record low of 24,000.000 KRW bn in Jan 2011. Korea Central Government: Total Revenue: Year to Date: Tax Revenue data remains active status in CEIC and is reported by Ministry of Strategy and Finance. The data is categorized under Global Database’s Korea – Table KR.F008: Central Government Fiscal Balance.

Adjusted net national income (annual % growth) in South Korea was reported at 3.1257 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. South Korea - Adjusted net national income (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2024, the most successful overseas tour by a South Korean artist was held by the 13-member boy group SEVENTEEN, who generated a revenue of around 98 million U.S. dollars across 24 performances outside of South Korea. Labelmates ENHYPEN and TXT followed, at approximately 63 million and 58 million dollars respectively.

Korea SSF: Total Revenue data was reported at 161,526.300 KRW bn in 2017. This records an increase from the previous number of 152,370.300 KRW bn for 2016. Korea SSF: Total Revenue data is updated yearly, averaging 12,189.750 KRW bn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 161,526.300 KRW bn in 2017 and a record low of 8.600 KRW bn in 1970. Korea SSF: Total Revenue data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.F011: General Government Account: Total Revenue and Total Expenditure.