Canada vs Korea: Tax revenue
Canada
13.7%
in 2024
Korea
13.3%
in 2024
Canada rank
100th
Korea rank
103rd
Tax revenue over time
- Canada
- Korea
How they compare
Canada currently reports 13.7% against 13.3% in Korea, a difference of 0.4%.
The two have swapped places 2 times across 35 shared years of data; in 1990 it was Canada ahead.
Canada ranks 100th and Korea ranks 103rd of 157 countries.
Across the 4 decades both report, Canada averaged higher in 2 and Korea in 2.
Head to head by decade
| Decade | Canada | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 14.1% | 12.4% | 1.6% | Canada |
| 2000s | 13.4% | 13.3% | 0.1% | Canada |
| 2010s | 12.2% | 13.4% | 1.2% | Korea |
| 2020s | 13.7% | 14.9% | 1.2% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Canada or Korea?
- Canada, at 13.7% against 13.3% in Korea as of 2024.
- What is the difference in tax revenue between Canada and Korea?
- 0.4%, with Canada ahead.
- How many years of comparable data are there for Canada and Korea?
- 35 years are reported by both, from 1990 to 2024.
- How do Canada and Korea rank globally for tax revenue?
- Canada ranks 100th and Korea ranks 103rd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.