Revenue from alcohol tax in South Korea 2010-2021

Published by L. Yoon, Jan 4, 2023
In 2021, tax revenue from alcohol consumers in South Korea amounted to about 3.1 trillion South Korean won, slightly increased compared to the previous year. 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 2010 to 2021 (in trillion South Korean won)

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Release date

June 2022

Region

South Korea

Survey time period

2010 to 2021

Supplementary notes

1,000 South Korean won equals 0.70 U.S. dollars or 0.71 euros as of October 2022.

Figures have been rounded.

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