Paying taxes: Time in South Korea
South Korea: Paying taxes: Time was 174 hours per year in 2019. ▼ Falling
Paying taxes: Time in South Korea, 2005–2019
Source: World Bank. Measured in hours per year.
Analysis
South Korea recorded 174 hours per year for paying taxes: time in 2019. That is the lowest value across all 15 years on record.
That represents a change of down 7.4% on the previous year and down 30.4% over ten years.
Over the whole period, paying taxes: time in South Korea peaked at 290 hours per year in 2005 and was at its lowest, 174 hours per year, in 2019.
South Korea ranks 112th of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Time in South Korea, year by year
| Year | hours per year | Change |
|---|---|---|
| 2005 | 290 hours per year | — |
| 2006 | 290 hours per year | +0.0% |
| 2007 | 290 hours per year | +0.0% |
| 2008 | 250 hours per year | -13.8% |
| 2009 | 250 hours per year | +0.0% |
| 2010 | 250 hours per year | +0.0% |
| 2011 | 225 hours per year | -10.0% |
| 2012 | 207 hours per year | -8.0% |
| 2013 | 187 hours per year | -9.7% |
| 2014 | 187 hours per year | +0.0% |
| 2015 | 188 hours per year | +0.5% |
| 2016 | 188 hours per year | +0.0% |
| 2017 | 188 hours per year | +0.0% |
| 2018 | 188 hours per year | +0.0% |
| 2019 | 174 hours per year | -7.4% |
South Korea compared with similar countries
- South Korea's 174 hours per year is above the median for high income countries, which is 141.5 hours per year, 1.2× the median. (62 countries reporting)
- South Korea's 174 hours per year is above the median for East Asia & Pacific, which is 169.5 hours per year, 1.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 274 hours per year | 250 hours per year | 290 hours per year | 5 |
| 2010s | 198.2 hours per year | 174 hours per year | 250 hours per year | 10 |
Countries ranked near South Korea
More reference data data for South Korea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.9638 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.9281 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.55 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2074 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.55 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 3.23 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 4.37 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 5.17 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 19.85 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.13 (2050)
Frequently asked questions
- What is paying taxes: time in South Korea?
- Paying taxes: time in South Korea was 174 hours per year in 2019, according to the World Bank.
- What is the highest paying taxes: time recorded in South Korea?
- The highest recorded value was 290 hours per year in 2005.
- What is the lowest paying taxes: time recorded in South Korea?
- The lowest recorded value was 174 hours per year in 2019.
- How does South Korea rank for paying taxes: time?
- South Korea ranks 112th out of 190 countries with data for 2019.
- Is paying taxes: time rising or falling in South Korea?
- Over the last ten years it is down 30.4%. 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: Time (hours 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
The time to comply with tax laws measures the time taken to prepare, ?le and pay three major types of taxes and contributions: the corporate income tax, value added or sales tax and labor taxes, including payroll taxes and social contributions.