Composition of government revenue (social contributions, taxes on goods and services)

Name: Composition of government revenue (social contributions, taxes on goods and services)
Creator: World Bank

World BankPeriod 2015~2024Retrieved 2026-11-09

Shares of social insurance contributions and taxes on goods and services (such as VAT) in government revenue.

2015: 26.31% → 2024: 29.93% (up 3.62 pp). Highest: 2024 (29.93%).

Tap a point or bar in a chart, a map tile or a table row to see the figure and a plain explanation here.

Composition of government revenue (social contributions, taxes on goods and services) · 2015~2024 (unit: %)
Year	Social contributions	Taxes on goods & services
2015	26.3089	21.246
2016	25.9682	21.9158
2017	25.7928	21.7359
2018	25.5135	21.1256
2019	26.9757	19.9026
2020	28.7032	19.5513
2021	26.8283	18.6837
2022	26.2302	16.8928
2023	29.2437	16.0951
2024	29.9328	16.9899

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Reference (APA 7th)

World Bank. (2026). Social contributions (% of revenue); Taxes on goods and services (% of revenue) – Korea, Rep. [Data set]. World Development Indicators. Retrieved November 9, 2026, from https://data.worldbank.org/indicator/GC.REV.SOCL.ZS?locations=KR

Source https://data.worldbank.org/indicator/GC.REV.SOCL.ZS?locations=KR

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Reference (APA 7th)

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