South Korea: Personal income tax rate

(measure: percent; Source: KPMG)
* indicates monthly or quarterly data series

South Korea: Personal income tax rate

: For that indicator, we provide data for South Korea from 2006 to 2019. The average value for South Korea during that period was 37 percent with a minimum of 35 percent in 2006 and a maximum of 42 percent in 2018. The latest value from 2019 is 42 percent. For comparison, the world average in 2019 based on 144 countries is 28 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: The highest statutory marginal tax rate applied to the taxable income of individuals. Rates are provided by KPMG member firms.
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