South Korea: Taxes on goods and services

South Korea: Taxes on goods and services, percent of total revenue

: For that indicator, The World Bank provides data for South Korea from 1972 to 2017. The average value for South Korea during that period was 34.76 percent with a minumum of 21.25 percent in 2015 and a maximum of 48.65 percent in 1975. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.