Canada vs South Korea: Tax revenue (% of GDP)
Canada
13.7%
in 2024
South Korea
13.3%
in 2024
Canada rank
100th
South Korea rank
103rd
Tax revenue (% of GDP) over time
- Canada
- South Korea
How they compare
Canada currently reports 13.7% against 13.3% in South 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 South Korea ranks 103rd of 157 countries.
Across the 4 decades both report, Canada averaged higher in 2 and South Korea in 2.
Head to head by decade
| Decade | Canada | South 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% | South Korea |
| 2020s | 13.7% | 14.9% | 1.2% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Canada or South Korea?
- Canada, at 13.7% against 13.3% in South Korea as of 2024.
- What is the difference in tax revenue between Canada and South Korea?
- 0.4%, with Canada ahead.
- How many years of comparable data are there for Canada and South Korea?
- 35 years are reported by both, from 1990 to 2024.
- How do Canada and South Korea rank globally for tax revenue?
- Canada ranks 100th and South 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.
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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.