South Korea

Taxes On Goods And Services

19.9
percent of total revenue
Dec 74Dec 77Dec 81Dec 84Dec 87Dec 90Dec 93Dec 96Dec 99Dec 02Dec 05Dec 08Dec 11Dec 14Dec 190.00015.0030.0045.0060.00
  • South Korea
  • Global Median
Source: IMF

Global Ranking

116
Russia22.16
117
Germany21.01
118
Niger20.94
119
Namibia20.92
120
Guinea20.48
122
Kazakhstan19.63
123
Australia19.45
124
San Marino19.28
125
Brazil19.04

Asia Ranking

13
Mongolia30.91
16
Bhutan24.21
17
Russia22.16
19
Kazakhstan19.63
20
Malaysia18.23
21
Singapore18.11
22
Azerbaijan18.05
23
Japan14.45

News

Definition of Taxes On Goods And Services

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.

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