Korea - Taxes on international trade
Taxes on international trade (current LCU)
The value for Taxes on international trade (current LCU) in Korea was 7,700,960,000,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 10,990,100,000,000 in 2011 and a minimum value of 59,000,000,000 in 1972.
Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1972 | 59,000,000,000 |
| 1973 | 82,000,000,000 |
| 1974 | 127,000,000,000 |
| 1975 | 202,000,000,000 |
| 1976 | 344,000,000,000 |
| 1977 | 475,000,000,000 |
| 1978 | 775,000,000,000 |
| 1979 | 913,000,000,000 |
| 1980 | 1,014,000,000,000 |
| 1981 | 1,189,000,000,000 |
| 1982 | 1,317,000,000,000 |
| 1983 | 1,799,000,000,000 |
| 1984 | 1,921,000,000,000 |
| 1985 | 1,950,000,000,000 |
| 1986 | 2,349,000,000,000 |
| 1987 | 3,205,000,000,000 |
| 1988 | 3,168,000,000,000 |
| 1989 | 2,772,000,000,000 |
| 1990 | 3,685,000,000,000 |
| 1991 | 3,294,000,000,000 |
| 1992 | 3,128,000,000,000 |
| 1993 | 2,884,000,000,000 |
| 1994 | 3,453,000,000,000 |
| 1995 | 4,633,000,000,000 |
| 1996 | 5,309,000,000,000 |
| 1997 | 5,798,000,000,000 |
| 1998 | 3,835,990,000,000 |
| 1999 | 4,687,300,000,000 |
| 2000 | 5,799,720,000,000 |
| 2001 | 5,923,380,000,000 |
| 2002 | 6,601,290,000,000 |
| 2003 | 6,847,340,000,000 |
| 2004 | 6,796,490,000,000 |
| 2005 | 6,317,700,000,000 |
| 2006 | 6,858,400,000,000 |
| 2007 | 7,410,760,000,000 |
| 2008 | 8,775,690,000,000 |
| 2009 | 9,169,130,000,000 |
| 2010 | 10,666,300,000,000 |
| 2011 | 10,990,100,000,000 |
| 2012 | 9,609,260,000,000 |
| 2013 | 10,838,500,000,000 |
| 2014 | 8,704,540,000,000 |
| 2015 | 8,516,300,000,000 |
| 2016 | 8,155,890,000,000 |
| 2017 | 8,615,890,000,000 |
| 2018 | 8,349,650,000,000 |
| 2019 | 7,700,960,000,000 |
Taxes on international trade (% of revenue)
Taxes on international trade (% of revenue) in Korea was 1.42 as of 2019. Its highest value over the past 47 years was 18.98 in 1978, while its lowest value was 1.42 in 2019.
Definition: Taxes on international trade include import duties, export duties, profits of export or import monopolies, exchange profits, and exchange taxes.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1972 | 10.23 |
| 1973 | 12.15 |
| 1974 | 12.38 |
| 1975 | 13.02 |
| 1976 | 14.87 |
| 1977 | 16.17 |
| 1978 | 18.98 |
| 1979 | 16.98 |
| 1980 | 15.05 |
| 1981 | 13.93 |
| 1982 | 13.34 |
| 1983 | 15.76 |
| 1984 | 15.35 |
| 1985 | 14.19 |
| 1986 | 14.94 |
| 1987 | 17.31 |
| 1988 | 14.04 |
| 1989 | 10.87 |
| 1990 | 11.76 |
| 1991 | 9.16 |
| 1992 | 7.30 |
| 1993 | 5.79 |
| 1994 | 5.78 |
| 1995 | 6.54 |
| 1996 | 6.40 |
| 1997 | 6.39 |
| 1998 | 4.02 |
| 1999 | 4.42 |
| 2000 | 4.31 |
| 2001 | 4.18 |
| 2002 | 4.25 |
| 2003 | 4.07 |
| 2004 | 3.88 |
| 2005 | 3.35 |
| 2006 | 3.33 |
| 2007 | 3.14 |
| 2008 | 3.56 |
| 2009 | 3.74 |
| 2010 | 4.01 |
| 2011 | 3.82 |
| 2012 | 2.50 |
| 2013 | 2.76 |
| 2014 | 2.19 |
| 2015 | 2.05 |
| 2016 | 1.80 |
| 2017 | 1.78 |
| 2018 | 1.58 |
| 2019 | 1.42 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
