Australia vs Korea: Taxes on goods and services
Australia
17.8%
in 2022
Korea
17.0%
in 2024
Australia rank
135th
Korea rank
137th
Taxes on goods and services over time
- Australia
- Korea
How they compare
Australia currently reports 17.8% against 17.0% in Korea, a difference of 0.8%.
The two have swapped places 3 times across 51 shared years of data; in 1972 it was Korea ahead.
Australia ranks 135th and Korea ranks 137th of 156 countries.
Across the 6 decades both report, Australia averaged higher in 1 and Korea in 5.
Head to head by decade
| Decade | Australia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 20.8% | 44.9% | 24.1% | Korea |
| 1980s | 23.3% | 42.4% | 19.1% | Korea |
| 1990s | 20.8% | 33.6% | 12.8% | Korea |
| 2000s | 23.5% | 29.4% | 6.0% | Korea |
| 2010s | 22.1% | 22.6% | 0.5% | Korea |
| 2020s | 19.1% | 18.4% | 0.7% | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Australia or Korea?
- Australia, at 17.8% against 17.0% in Korea as of 2022.
- What is the difference in taxes on goods and services between Australia and Korea?
- 0.8%, with Australia ahead.
- How many years of comparable data are there for Australia and Korea?
- 51 years are reported by both, from 1972 to 2022.
- How do Australia and Korea rank globally for taxes on goods and services?
- Australia ranks 135th and Korea ranks 137th of 156 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.