Ghana vs Korea: Paying taxes: Labor tax and contributions
Ghana
14.7%
in 2019
Korea
13.7%
in 2019
Ghana rank
91st
Korea rank
94th
Paying taxes: Labor tax and contributions over time
- Ghana
- Korea
How they compare
Ghana currently reports 14.7% against 13.7% in Korea, a difference of 1.0%.
That makes Ghana's figure about 1.1 times Korea's.
Across all 15 years both countries report, Ghana has been ahead every year.
Ghana ranks 91st and Korea ranks 94th of 190 countries.
Ghana has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ghana | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.1% | 12.5% | 1.6% | Ghana |
| 2010s | 14.6% | 13.5% | 1.2% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: labor tax and contributions, Ghana or Korea?
- Ghana, at 14.7% against 13.7% in Korea as of 2019.
- What is the difference in paying taxes: labor tax and contributions between Ghana and Korea?
- 1.0%, with Ghana ahead.
- How many years of comparable data are there for Ghana and Korea?
- 15 years are reported by both, from 2005 to 2019.
- How do Ghana and Korea rank globally for paying taxes: labor tax and contributions?
- Ghana ranks 91st and Korea ranks 94th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Labor tax and contributions (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.