In 2023, tax revenue from alcohol consumers in South Korea amounted to about 3.6 trillion South Korean won, slightly increased compared to the previous year. Generally, tax revenue from alcohol is on an upward trajectory. With the introduction of 52 hour work weeks and cultural changes regarding alcohol consumption, it was predicted that the domestic demand of alcohol would decrease in the future.
Revenue from alcohol tax in South Korea from 2014 to 2023
(in trillion South Korean won)
Characteristic
Tax revenue in trillion South Korean won
2023
3.6
2022
3.57
2021
3.1
2020
3.04
2019
3.21
2018
3.23
2017
3.28
2016
3.24
2015
3.23
2014
3.09
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Sources
Statistics Korea; National Tax Service of South Korea
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Statistics Korea. (July 10, 2024). Revenue from alcohol tax in South Korea from 2014 to 2023 (in trillion South Korean won) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/651476/south-korea-alcohol-tax-revenue/
Statistics Korea. "Revenue from alcohol tax in South Korea from 2014 to 2023 (in trillion South Korean won)." Chart. July 10, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/651476/south-korea-alcohol-tax-revenue/
Statistics Korea. (2024). Revenue from alcohol tax in South Korea from 2014 to 2023 (in trillion South Korean won). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/651476/south-korea-alcohol-tax-revenue/
Statistics Korea. "Revenue from Alcohol Tax in South Korea from 2014 to 2023 (in Trillion South Korean Won)." Statista, Statista Inc., 10 Jul 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/651476/south-korea-alcohol-tax-revenue/
Statistics Korea, Revenue from alcohol tax in South Korea from 2014 to 2023 (in trillion South Korean won) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/651476/south-korea-alcohol-tax-revenue/ (last visited September 20, 2024)
Revenue from alcohol tax in South Korea from 2014 to 2023 (in trillion South Korean won) [Graph], Statistics Korea, July 10, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/651476/south-korea-alcohol-tax-revenue/