Republic of Korea vs Lebanon: Taxes on goods and services
Taxes on goods and services over time
- Republic of Korea
- Lebanon
How they compare
Lebanon currently reports 151.40 trillion current LCU against 114.81 trillion current LCU in Republic of Korea, a difference of 36.59 trillion current LCU.
That makes Lebanon's figure about 1.3 times Republic of Korea's.
The two have swapped places 1 time across 23 shared years of data; in 2000 it was Republic of Korea ahead.
Republic of Korea ranks 4th and Lebanon ranks 2nd of 157 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Republic of Korea | Lebanon | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 55.15 trillion current LCU | 2.78 trillion current LCU | 52.37 trillion current LCU | Republic of Korea |
| 2010s | 92.13 trillion current LCU | 5.13 trillion current LCU | 87.00 trillion current LCU | Republic of Korea |
| 2020s | 113.26 trillion current LCU | 53.79 trillion current LCU | 59.47 trillion current LCU | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Republic of Korea or Lebanon?
- Lebanon, at 151.40 trillion current LCU against 114.81 trillion current LCU in Republic of Korea as of 2024.
- What is the difference in taxes on goods and services between Republic of Korea and Lebanon?
- 36.59 trillion current LCU, with Lebanon ahead.
- How many years of comparable data are there for Republic of Korea and Lebanon?
- 23 years are reported by both, from 2000 to 2024.
- How do Republic of Korea and Lebanon rank globally for taxes on goods and services?
- Republic of Korea ranks 4th and Lebanon ranks 2nd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.