Republic of Korea vs Mongolia: Paying taxes: Labor tax and contributions
Republic of Korea
13.7%
in 2019
Mongolia
13.5%
in 2019
Republic of Korea rank
94th
Mongolia rank
97th
Paying taxes: Labor tax and contributions over time
- Republic of Korea
- Mongolia
How they compare
Republic of Korea currently reports 13.7% against 13.5% in Mongolia, a difference of 0.2%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Mongolia ahead.
Republic of Korea ranks 94th and Mongolia ranks 97th of 190 countries.
Across the 2 decades both report, Republic of Korea averaged higher in 1 and Mongolia in 1.
Head to head by decade
| Decade | Republic of Korea | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.5% | 20.6% | 8.1% | Mongolia |
| 2010s | 13.5% | 12.5% | 0.9% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: labor tax and contributions, Republic of Korea or Mongolia?
- Republic of Korea, at 13.7% against 13.5% in Mongolia as of 2019.
- What is the difference in paying taxes: labor tax and contributions between Republic of Korea and Mongolia?
- 0.2%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Mongolia?
- 15 years are reported by both, from 2005 to 2019.
- How do Republic of Korea and Mongolia rank globally for paying taxes: labor tax and contributions?
- Republic of Korea ranks 94th and Mongolia ranks 97th 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.