Australia vs Korea: Taxes on goods and services
Taxes on goods and services over time
- Australia
- Korea
How they compare
Australia currently reports 5.2% against 4.9% in Korea, a difference of 0.3%.
That makes Australia's figure about 1.1 times Korea's.
The two have swapped places 6 times across 33 shared years of data; in 1990 it was Korea ahead.
Australia ranks 128th and Korea ranks 129th of 154 countries.
Across the 4 decades both report, Australia averaged higher in 1 and Korea in 3.
Head to head by decade
| Decade | Australia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.5% | 6.2% | 0.7% | Korea |
| 2000s | 7.0% | 6.5% | 0.4% | Australia |
| 2010s | 5.9% | 6.0% | 0.1% | Korea |
| 2020s | 5.5% | 5.8% | 0.3% | Korea |
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 5.2% against 4.9% in Korea as of 2022.
- What is the difference in taxes on goods and services between Australia and Korea?
- 0.3%, with Australia ahead.
- How many years of comparable data are there for Australia and Korea?
- 33 years are reported by both, from 1990 to 2022.
- How do Australia and Korea rank globally for taxes on goods and services?
- Australia ranks 128th and Korea ranks 129th of 154 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 (% value added of industry and services). 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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.