Taxes on international trade and transactions, Ratio of this level of in South Korea
South Korea: Taxes on international trade and transactions, Ratio of this level of was 1 in 2020. ▬ Flat
Taxes on international trade and transactions, Ratio of this level of in South Korea, 2012–2020
Source: International Monetary Fund.
Analysis
South Korea recorded 1 for taxes on international trade and transactions, ratio of this level of in 2020. That is the highest value across all 9 years on record.
That represents a change of unchanged over ten years.
Over the whole period, taxes on international trade and transactions, ratio of this level of in South Korea peaked at 1 in 2012 and was at its lowest, 1, in 2012.
That places South Korea 1st out of 74 countries with data for 2020, putting it in the top 10%.
Taxes on international trade and transactions, Ratio of this level of in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2012 | 1 | — |
| 2013 | 1 | +0.0% |
| 2014 | 1 | +0.0% |
| 2015 | 1 | +0.0% |
| 2016 | 1 | +0.0% |
| 2017 | 1 | +0.0% |
| 2018 | 1 | +0.0% |
| 2019 | 1 | +0.0% |
| 2020 | 1 | +0.0% |
South Korea compared with similar countries
- South Korea's 1 is above the median for high income countries, which is 1, 1.0× the median. (36 countries reporting)
- South Korea's 1 is above the median for East Asia & Pacific, which is 1, 1.0× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1 | 1 | 1 | 8 |
| 2020s | 1 | 1 | 1 | 1 |
Countries ranked near South Korea
- 1 Afghanistan 1 compare
- 1 Albania 1 compare
- 1 Armenia 1 compare
- 1 Australia 1 compare
- 1 Austria 1
- 1 Bulgaria 1 compare
- 1 Bosnia and Herzegovina 1 compare
- 1 Belarus 1 compare
- 1 Brazil 1 compare
- 1 Canada 1 compare
- 1 Switzerland 1 compare
- 1 Chile 1 compare
- 1 China 1 compare
- 1 Cape Verde 1 compare
- 1 Cyprus 1 compare
- 1 Czechia 1
- 1 Denmark 1 compare
- 1 Estonia 1
- 1 Finland 1
- 1 United Kingdom 1 compare
- 1 Georgia 1 compare
- 1 Greece 1 compare
- 1 Honduras 1
- 1 Croatia 1 compare
- 1 Hungary 1
- 1 Indonesia 1 compare
- 1 Iran 1
- 1 Iceland 1 compare
- 1 Israel 1 compare
- 1 Japan 1 compare
- 1 Kazakhstan 1 compare
- 1 Kenya 1 compare
- 1 Kyrgyzstan 1 compare
- 1 Kiribati 1 compare
- 1 Lithuania 1
- 1 Latvia 1 compare
- 1 Moldova 1 compare
- 1 Mexico 1 compare
- 1 Marshall Islands 1 compare
- 1 North Macedonia 1 compare
- 1 Malta 1
- 1 Myanmar 1 compare
- 1 Mongolia 1 compare
- 1 Mauritius 1 compare
- 1 Netherlands 1
- 1 Norway 1 compare
- 1 Peru 1 compare
- 1 Palau 1 compare
- 1 Poland 1
- 1 Portugal 1
- 1 Paraguay 1 compare
- 1 Romania 1 compare
- 1 Russia 1 compare
- 1 Rwanda 1 compare
- 1 Senegal 1 compare
- 1 El Salvador 1 compare
- 1 Serbia 1 compare
- 1 Slovakia 1 compare
- 1 Slovenia 1
- 1 Thailand 1 compare
- 1 Turkey 1 compare
- 1 Uganda 1 compare
- 1 Ukraine 1 compare
- 1 United States 1 compare
- 1 Uzbekistan 1 compare
- 1 South Africa 1 compare
More trade data for South Korea
- Commodity Net Export Price Index, Individual Commodities Weighted by 120.92 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.62 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.43 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 83.23 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 96.89 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.9 (2024)
- Imports of low carbon technology products, US dollar (World), per 690.16 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.019 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 57.00 billion (2024)
Frequently asked questions
- What is taxes on international trade and transactions, ratio of this level of in South Korea?
- Taxes on international trade and transactions, ratio of this level of in South Korea was 1 in 2020, according to International Monetary Fund.
- What is the highest taxes on international trade and transactions, ratio of this level of recorded in South Korea?
- The highest recorded value was 1 in 2012.
- What is the lowest taxes on international trade and transactions, ratio of this level of recorded in South Korea?
- The lowest recorded value was 1 in 2012.
- How does South Korea rank for taxes on international trade and transactions, ratio of this level of?
- South Korea ranks 1st out of 74 countries with data for 2020.
- Is taxes on international trade and transactions, ratio of this level of rising or falling in South Korea?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Taxes on international trade and transactions, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.