China vs South Korea: Taxes on goods and services, Ratio of this level of government's
Taxes on goods and services, Ratio of this level of government's over time
- China
- South Korea
How they compare
South Korea currently reports 0.6672 against 0.4908 in China, a difference of 0.1764.
That makes South Korea's figure about 1.4 times China's.
Across all 9 years both countries report, South Korea has been ahead every year.
China ranks 76th and South Korea ranks 73rd of 80 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | China | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.4907 | 0.7464 | 0.2557 | South Korea |
| 2020s | 0.4908 | 0.6672 | 0.1764 | South Korea |
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, China or South Korea?
- South Korea, at 0.6672 against 0.4908 in China as of 2020.
- What is the difference in taxes on goods and services, ratio of this level of government's between China and South Korea?
- 0.1764, with South Korea ahead.
- How many years of comparable data are there for China and South Korea?
- 9 years are reported by both, from 2012 to 2020.
- How do China and South Korea rank globally for taxes on goods and services, ratio of this level of government's?
- China ranks 76th and South 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.