Australia vs Korea: Taxes on goods and services, Ratio of this level … total
Taxes on goods and services, Ratio of this level … total over time
- Australia
- Korea
How they compare
Australia currently reports 0.6789 against 0.6672 in Korea, a difference of 0.0117.
The two have swapped places 1 time across 9 shared years of data; in 2012 it was Korea ahead.
Australia ranks 72nd and Korea ranks 73rd of 80 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Korea in 1.
Head to head by decade
| Decade | Australia | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.6839 | 0.7464 | 0.0625 | Korea |
| 2020s | 0.6789 | 0.6672 | 0.0117 | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, ratio of this level of government's, Australia or Korea?
- Australia, at 0.6789 against 0.6672 in Korea as of 2020.
- What is the difference in taxes on goods and services, ratio of this level of government's between Australia and Korea?
- 0.0117, with Australia ahead.
- How many years of comparable data are there for Australia and Korea?
- 9 years are reported by both, from 2012 to 2020.
- How do Australia and Korea rank globally for taxes on goods and services, ratio of this level of government's?
- Australia ranks 72nd and Korea ranks 73rd of 80 countries.
- Where does this data come from?
- International Monetary Fund, published as Taxes on goods and services, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.