Paying taxes: Time (hours per year) - Score in South Korea

South Korea: Paying taxes: Time (hours per year) - Score was 80.68 in 2019. ▲ Rising

Latest (2019)
80.68
Change on year
up 2.8%
World rank
74th
of 188 countries
All-time high
80.68
in 2019
All-time low
62.75
in 2005
Years of data
15
2005–2019

Paying taxes: Time (hours per year) - Score in South Korea, 2005–2019

0204060802005201220192005: 62.82006: 62.82007: 62.82008: 68.92009: 68.92010: 68.92011: 72.82012: 75.62013: 78.72014: 78.72015: 78.52016: 78.52017: 78.52018: 78.52019: 80.7

Source: World Bank.

Analysis

In 2019, paying taxes: time (hours per year) - score in South Korea stood at 80.68. That is the highest value across all 15 years on record.

The figure is up 2.8% on the previous year and up 17.0% over ten years.

Over the whole period, paying taxes: time (hours per year) - score in South Korea peaked at 80.68 in 2019 and was at its lowest, 62.75, in 2005.

That places South Korea 74th out of 188 countries with data for 2019, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 65.22 62.75 68.93 5
2010s 76.94 68.93 80.68 10

Countries ranked near South Korea

  1. 72 Philippines 81.14 compare
  2. 73 Cambodia 80.83 compare
  3. 74 Malaysia 80.68 compare
  4. 74 Palestine 80.68 compare
  5. 77 United States 80.53 compare

See the full ranking of 190 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is paying taxes: time (hours per year) - score in South Korea?
Paying taxes: time (hours per year) - score in South Korea was 80.68 in 2019, according to the World Bank.
What is the highest paying taxes: time (hours per year) - score recorded in South Korea?
The highest recorded value was 80.68 in 2019.
What is the lowest paying taxes: time (hours per year) - score recorded in South Korea?
The lowest recorded value was 62.75 in 2005.
How does South Korea rank for paying taxes: time (hours per year) - score?
South Korea ranks 74th out of 188 countries with data for 2019.
Is paying taxes: time (hours per year) - score rising or falling in South Korea?
Over the last ten years it is up 17.0%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from the World Bank, published as part of Paying taxes: Time (hours per year) - Score. 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: Time (hours per year) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 2,783 data points, 2005–2019
Last refreshed

The score for time to comply with tax laws benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.