Korea (South Korea) General government revenue (National Currency) Statistics

13, Nov 2019, EST.

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Country or Region: Korea (South Korea) › Change country
Economic Indicator: General government revenue (National Currency) › See all Korea indicators, › See General government revenue (National Currency) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: South Korean Won
Currency Symbol: KRW

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance or Treasury Latest actual data: 2014 Fiscal assumptions: The medium-term forecast incorporates the government?s announced medium-term consolidation path. Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Cash General government includes: Central Government;. For government gross/net debt only, general government includes central government and local government, starting from 2001. Valuation of public debt: Nominal value Primary domestic currency: Korean won Data last updated: 03/2016

General government revenue (National Currency) Statistics for Korea (South Korea), Year 2015 - In Detail

General government revenue (National Currency) for Korea is KRW 325,684.85 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

In the previous year, 2014, General government revenue (National Currency) for Korea was KRW 315,003.15 Billions General government revenue (National Currency) for Korea in 2015 was or will be 3.39% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (National Currency) for Korea was or will be KRW 336,209.46 Billions, which is 3.23% more than the 2015 figure.

* Source: IMF
General government revenue (National Currency) for Korea, in other Years
Year Billions
  2021 421,811.89
  2020 401,700.15
  2019 382,804.39
  2018 365,023.60
  2017 348,070.98
  2016 336,209.46
2015 325,684.85
  2014 315,003.15
  2013 308,023.65
  2012 304,677.45
  2011 287,403.64
  2010 265,779.72
  2009 245,476.80
  2008 246,608.52
  2007 236,006.25
  2006 206,084.20
  2005 188,543.60
  2004 175,250.01
  2003 168,216.32
  2002 155,444.45
  2001 141,863.85
  2000 134,647.24
  1999 106,006.34
  1998 95,349.44
  1997 90,740.00
  1996 82,971.00
  1995 70,862.00
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a