Finland vs South Korea: Taxes on income, profits and capital gains
Finland
26.8%
in 2024
South Korea
27.5%
in 2024
Finland rank
61st
South Korea rank
59th
Taxes on income, profits and capital gains over time
- Finland
- South Korea
How they compare
South Korea currently reports 27.5% against 26.8% in Finland, a difference of 0.7%.
The two have swapped places 5 times across 53 shared years of data; in 1972 it was Finland ahead.
Finland ranks 61st and South Korea ranks 59th of 153 countries.
Across the 6 decades both report, Finland averaged higher in 2 and South Korea in 4.
Head to head by decade
| Decade | Finland | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 30.8% | 25.6% | 5.2% | Finland |
| 1980s | 29.7% | 25.9% | 3.7% | Finland |
| 1990s | 23.9% | 30.1% | 6.2% | South Korea |
| 2000s | 20.8% | 28.0% | 7.2% | South Korea |
| 2010s | 15.3% | 27.3% | 12.1% | South Korea |
| 2020s | 20.6% | 30.0% | 9.4% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Finland or South Korea?
- South Korea, at 27.5% against 26.8% in Finland as of 2024.
- What is the difference in taxes on income, profits and capital gains between Finland and South Korea?
- 0.7%, with South Korea ahead.
- How many years of comparable data are there for Finland and South Korea?
- 53 years are reported by both, from 1972 to 2024.
- How do Finland and South Korea rank globally for taxes on income, profits and capital gains?
- Finland ranks 61st and South Korea ranks 59th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.