Ecuador vs Republic of Korea: Paying taxes: Profit tax
Ecuador
18.2%
in 2019
Republic of Korea
18.2%
in 2019
Ecuador rank
79th
Republic of Korea rank
79th
Paying taxes: Profit tax over time
- Ecuador
- Republic of Korea
How they compare
Ecuador currently reports 18.2% against 18.2% in Republic of Korea, a difference of 0.0%.
The two have swapped places 4 times across 15 shared years of data; in 2005 it was Republic of Korea ahead.
Ecuador ranks 79th and Republic of Korea ranks 79th of 190 countries.
Republic of Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.7% | 19.2% | 0.5% | Republic of Korea |
| 2010s | 17.0% | 18.2% | 1.2% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Ecuador or Republic of Korea?
- Ecuador, at 18.2% against 18.2% in Republic of Korea as of 2019.
- What is the difference in paying taxes: profit tax between Ecuador and Republic of Korea?
- 0.0%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Republic of Korea?
- 15 years are reported by both, from 2005 to 2019.
- How do Ecuador and Republic of Korea rank globally for paying taxes: profit tax?
- Ecuador ranks 79th and Republic of Korea ranks 79th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.