Paying taxes: Payments in South Korea

South Korea: Paying taxes: Payments was 12 number per year in 2019. ▼ Falling

Latest (2019)
12 number per year
Change on year
unchanged
World rank
112th
of 187 countries
All-time high
15 number per year
in 2005
All-time low
11 number per year
in 2012
Years of data
15
2005–2019

Paying taxes: Payments in South Korea, 2005–2019

0510152005201220192005: 15 number per year2006: 15 number per year2007: 15 number per year2008: 15 number per year2009: 15 number per year2010: 15 number per year2011: 13 number per year2012: 11 number per year2013: 11 number per year2014: 11 number per year2015: 12 number per year2016: 12 number per year2017: 12 number per year2018: 12 number per year2019: 12 number per year

Source: World Bank. Measured in number per year.

Analysis

The most recent figure for paying taxes: payments in South Korea is 12 number per year, measured in 2019.

That represents a change of down 20.0% over ten years.

Over the whole period, paying taxes: payments in South Korea peaked at 15 number per year in 2005 and was at its lowest, 11 number per year, in 2012.

That places South Korea 112th out of 187 countries with data for 2019, putting it in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 15 number per year 15 number per year 15 number per year 5
2010s 12.1 number per year 11 number per year 15 number per year 10

Countries ranked near South Korea

  1. 111 Philippines 13 number per year compare
  2. 112 Austria 12 number per year compare
  3. 112 Croatia 12 number per year compare
  4. 112 Kuwait 12 number per year compare

See the full ranking of 189 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is paying taxes: payments in South Korea?
Paying taxes: payments in South Korea was 12 number per year in 2019, according to the World Bank.
What is the highest paying taxes: payments recorded in South Korea?
The highest recorded value was 15 number per year in 2005.
What is the lowest paying taxes: payments recorded in South Korea?
The lowest recorded value was 11 number per year in 2012.
How does South Korea rank for paying taxes: payments?
South Korea ranks 112th out of 187 countries with data for 2019.
Is paying taxes: payments rising or falling in South Korea?
Over the last ten years it is down 20.0%. The long-run trend across the full record is falling.
Where does this South Korea data come from?
The figures come from the World Bank, published as part of Paying taxes: Payments (number per year). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Paying taxes: Payments (number per year)
Unit
number per year
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
189 places, 2,778 data points, 2005–2019
Last refreshed

The tax payments capture the total number of taxes and contributions paid, the method of payment, the frequency of payment, and the frequency of ?ling. It includes taxes withheld by the company, such as sales tax, VAT and employee-borne labor taxes.