Italy vs South Korea: Taxes on income, profits and capital gains
Italy
55.4%
in 2024
South Korea
54.8%
in 2024
Italy rank
22nd
South Korea rank
24th
Taxes on income, profits and capital gains over time
- Italy
- South Korea
How they compare
Italy currently reports 55.4% against 54.8% in South Korea, a difference of 0.6%.
The two have swapped places 4 times across 52 shared years of data; in 1973 it was Italy ahead.
Italy ranks 22nd and South Korea ranks 24th of 153 countries.
Across the 6 decades both report, Italy averaged higher in 5 and South Korea in 1.
Head to head by decade
| Decade | Italy | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 42.5% | 28.4% | 14.1% | Italy |
| 1980s | 55.8% | 30.0% | 25.8% | Italy |
| 1990s | 54.4% | 38.1% | 16.2% | Italy |
| 2000s | 54.7% | 41.3% | 13.4% | Italy |
| 2010s | 52.7% | 48.9% | 3.8% | Italy |
| 2020s | 54.2% | 56.0% | 1.8% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Italy or South Korea?
- Italy, at 55.4% against 54.8% in South Korea as of 2024.
- What is the difference in taxes on income, profits and capital gains between Italy and South Korea?
- 0.6%, with Italy ahead.
- How many years of comparable data are there for Italy and South Korea?
- 52 years are reported by both, from 1973 to 2024.
- How do Italy and South Korea rank globally for taxes on income, profits and capital gains?
- Italy ranks 22nd and South Korea ranks 24th 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 total taxes). 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.