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Total Tax Rate (As % of Commercial Profits) in South Korea

Source: World Bank
Last Updated: February 1, 2023

Total tax rate as a percentage of commercial profits reached 0.332% in 2019 in South Korea, according to the National Statistical Office. This is 0.302% more than in the previous year.

Historically, total tax rate as a percentage of commercial profits in South Korea reached an all time high of 0.368% in 2005 and an all time low of 0.302% in 2010.

South Korea has been ranked 110th within the group of 171 countries we follow in terms of total tax rate as a percentage of commercial profits.

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