Colombia vs South Korea: Tax revenue

Colombia

260.77 trillion current LCU

in 2024

South Korea

339.90 trillion current LCU

in 2024

Colombia rank

4th

South Korea rank

2nd

Tax revenue over time

Colombia
South Korea

How they compare

South Korea currently reports 339.90 trillion current LCU against 260.77 trillion current LCU in Colombia, a difference of 79.14 trillion current LCU.

That makes South Korea's figure about 1.3 times Colombia's.

Across all 21 years both countries report, South Korea has been ahead every year.

Globally, Colombia ranks 4th and South Korea ranks 2nd of 157 countries.

Individual pages

About this data

Indicator: Tax revenue (current LCU)
Unit: current LCU
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 157 places, 4,711 data points, 1972–2024
Last refreshed: 06 August 2026

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.