South Korea: Number of taxes

* indicates monthly or quarterly data series
 South Korea

Number of taxes paid by businesses

 Latest value 12
 Year 2019
 Measure taxes
 Data availability 2005 - 2019
 Average 13
 Min - Max 11 - 15
 Source The World Bank (doing business survey)
For that indicator, we provide data for South Korea from 2005 to 2019. The average value for South Korea during that period was 13 taxes with a minimum of 11 taxes in 2012 and a maximum of 15 taxes in 2005. The latest value from 2019 is 12 taxes. For comparison, the world average in 2019 based on 184 countries is 23 taxes. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
South Korea - Number of taxes - recent values

Historical chart
South Korea - Number of taxes - historical chart - 2005-2019




Definition: Tax payments by businesses are the total number of taxes paid by businesses, including electronic filing. The tax is counted as paid once a year even if payments are more frequent.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 18.77 2022 percent
 Government spending, in dollars 314.15 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -3.00 2022 percent
 Government debt 49.40 2022 percent
 Government expenditure 102,117.30 Q3/2023 billion
 Long-term government bond yield 3.95 9/2023 percent
 Tax revenue 16.73 2021 percent
 Commercial tax rate 33.20 2019 percent
 Tax preparation time 174 2019 hours
 Number of taxes 12 2019 taxes
 Taxes on goods and services 18.68 2021 percent
 Taxes on international trade 1.38 2021 percent
 Income and profits taxes 30.40 2021 percent
 Foreign aid -71.54 2004 million U.S. dollars
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