Economy & Growth in Korea 208 indicators covering economy & growth for Korea. IndicatorLatest Year10-yr change Rank Annual government taxes and social contributions receipts — Taxes on 192.03 million National currency 2024 up 43.8% 1st Annual government non-financial accounts and key indicators 0 National currency 2024 — 2nd Public expenditure on disability and sickness cash benefits in % GDP 0.888 Percentage of GDP 2022 up 68.8% 3rd Public expenditure on family by type of expenditure (cash and in) 1.65 Percentage of GDP 2022 up 107.0% 3rd Public expenditure on old-age and survivors cash benefits in % GDP 3.81 Percentage of GDP 2022 up 79.9% 3rd Annual government taxes and social contributions receipts — Other 35.21 million National currency 2024 up 81.0% 1st Implied tax subsidy rates on R&D expenditures 0.05 Index 2025 unchanged 8th Quarterly GDP and components - income approach — Operating surplus 1.18 billion National currency 2025 up 48.8% 1st Annual government taxes and social contributions receipts — Total tax 685.37 million National currency 2024 up 78.9% 1st Asset-backed pensions - main database — Investment 9.09 Percentage change 2024 down 44.3% 3rd Effective tax rates - Corporate tax statistics — Effective average 28.52 Percentage of taxable income 2025 up 17.4% 1st Effective tax rates - Corporate tax statistics — Effective marginal 47.6 Percentage of taxable income 2025 up 47.2% 2nd Economic indicators by access to city typology — Population 45.86 million Persons 2024 up 1.4% 1st Annual government expenditure by function (COFOG) — Intermediate 93.41 million National currency 2023 up 64.6% 1st Employment by main economic activity - Regions 28.89 million Persons 2025 up 9.8% 2nd Government debt by instrument coverage — Debt securities and loans 45.57 Percentage of GDP 2024 up 34.6% 2nd Government debt by instrument coverage — SDRs, currency and deposits 45.67 Percentage of GDP 2024 up 34.9% 2nd Government debt by instrument coverage — Maastricht debt 45.67 Percentage of GDP 2024 up 34.9% 2nd Consumer price indices (CPIs), exchange, API only,COICOP 1999 116.61 Index 2025 up 22.9% 2nd R&D tax expenditure and direct government funding of BERD — Indirect 0 Percentage of GDP 2024 — 1st Gross domestic expenditure on R&D by sector of performance and 141,654 US dollars, PPP converted 2024 up 68.9% 2nd Government debt by instrument coverage — SDRs, currency and deposits 49.49 Percentage of GDP 2024 up 30.7% 2nd International trade of fisheries commodities 6.67 billion US dollar 2022 up 76.7% 2nd R&D tax expenditure and direct government funding of BERD — Indirect 0.1157 Percentage of GDP 2024 down 36.5% 5th Financial Dashboard — Debt to gross operating surplus ratio of 5.64 Factor of gross operating surplus 2024 up 13.3% 1st NAAG Chapter 7: Corporations — Debt to gross operating surplus ratio 5.64 Factor of gross operating surplus 2024 up 13.3% 1st Annual value added and its components by economic activity 122.71 Index 2022 up 11.1% 1st Personal income tax (PIT) and social security contributions (SSC) 24.85 Percentage of labour costs 2025 up 15.9% 2nd Personal income tax (PIT) and social security contributions (SSC) 24.85 Percentage of labour costs 2025 up 15.9% 2nd Personal income tax (PIT) and social security contributions (SSC) 31.15 Percentage of labour costs 2025 up 6.6% 2nd Personal income tax (PIT) - top statutory and marginal tax rate — Top 18.99 Factor of average annual wage 2025 up 326.2% 1st Trade in employment (TiM) 2023 edition — Domestic employment embodied 102.3 Persons 2020 down 47.3% 3rd R&D tax expenditure and direct government funding of BERD 0.2169 Percentage of GDP 2024 up 38.7% 1st Labour productivity by main economic activity - Regions 89,414 US dollars per worker, PPP converted 2024 up 17.1% 1st Real labour productivity by main economic activity (ROPI-adjusted for) 89,414 US dollars per worker, PPP converted 2024 up 17.1% 1st Real labour productivity by main economic activity (ROPI-adjusted for) 89,414 US dollars per worker, PPP converted 2024 up 17.1% 1st Annual non-financial accounts by institutional sector (Revenue) 63.23 million National currency 2024 up 18.3% 1st Subnational government tax revenue 17.97 Percentage of GDP 2024 up 8.8% 2nd Hours of work needed to escape poverty — Working hours needed to 20 Hours per week 2025 up 11.1% 3rd Subnational government investment — Direct investment 4.76 Percentage of GDP 2024 up 3.0% 1st Adequacy of minimum income benefits — Net annualised income of 28 Percentage of median disposable household income 2025 up 7.7% 1st R&D tax expenditure and direct government funding of BERD 1.04 Percentage of GDP 2024 down 4.3% 1st R&D tax expenditure and direct government funding of BERD — Sum of 0.3326 Percentage of GDP 2024 down 1.7% 2nd Effective tax rates for income based tax incentives - Corporate tax 17.46 Percentage of taxable income 2013 down 20.0% 3rd Effective tax rates for income based tax incentives - Corporate tax 0 Percentage of taxable income 2013 — 1st R&D tax expenditure and direct government funding of BERD 1.15 Percentage of GDP 2024 down 9.0% 1st Revenue Statistics in Asia and the Pacific - Comparative tax and 25.33 Percentage of GDP 2024 up 13.6% 1st Economic indicators by access to city typology — Employment 25.32 million Persons 2024 up 9.7% 1st Government debt by financial instrument - government at a glance 100 Percentage of general government debt 2024 unchanged 1st Perceived health status by socio-economic status 34.8 Percentage of population in the same age 2024 up 5.5% 3rd Venture capital investments 0.1404 Percentage of GDP 2025 up 98.7% 1st Balance sheet and income statement of insurance companies — Assets 848,242 Euro 2023 up 61.0% 1st Balance sheet and income statement of insurance companies — Gross 615,670 Euro 2023 up 35.8% 1st Contribution to year-on-year inflation by COICOP 1999 by country 3.25 Percentage points 2026 up 143.7% 2nd Trade in employment (TiM) 2021 edition — Domestic employment embodied 109.5 Persons 2018 down 23.3% 4th Trade in employment (TiM) 2021 edition — Domestic employment embodied 140.9 Persons 2018 down 17.2% 2nd Trade in employment by workforce characteristics (TiMBC) 2025 edition 181.1 Persons 2022 down 24.7% 3rd Trade in employment by workforce characteristics (TiMBC) 2025 edition 149.2 Persons 2022 down 27.6% 3rd Environmentally related tax revenue accounts 39,151 US dollar 2021 — 1st Services Trade Restrictiveness Index Regulatory Database — Answer 100 Index 2025 unchanged 1st ← Previous 1 2 3 4 Next → Page 3 of 4