Bhutan vs South Korea: Taxes on goods and services (% of revenue)
Taxes on goods and services (% of revenue) over time
- Bhutan
- South Korea
How they compare
Bhutan currently reports 17.9% against 17.0% in South Korea, a difference of 0.9%.
That makes Bhutan's figure about 1.1 times South Korea's.
The two have swapped places 4 times across 37 shared years of data; in 1982 it was South Korea ahead.
Bhutan ranks 134th and South Korea ranks 137th of 156 countries.
South Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Bhutan | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 10.0% | 41.3% | 31.4% | South Korea |
| 1990s | 9.7% | 33.6% | 23.9% | South Korea |
| 2000s | 10.6% | 29.4% | 18.9% | South Korea |
| 2010s | 19.3% | 22.6% | 3.3% | South Korea |
| 2020s | 17.9% | 19.6% | 1.6% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Bhutan or South Korea?
- Bhutan, at 17.9% against 17.0% in South Korea as of 2020.
- What is the difference in taxes on goods and services between Bhutan and South Korea?
- 0.9%, with Bhutan ahead.
- How many years of comparable data are there for Bhutan and South Korea?
- 37 years are reported by both, from 1982 to 2020.
- How do Bhutan and South Korea rank globally for taxes on goods and services?
- Bhutan ranks 134th and South 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.