Korea vs United Kingdom: Taxes on income, profits and capital gains (% of total taxes)
Korea
54.8%
in 2024
United Kingdom
52.6%
in 2024
Korea rank
24th
United Kingdom rank
27th
Taxes on income, profits and capital gains (% of total taxes) over time
- Korea
- United Kingdom
How they compare
Korea currently reports 54.8% against 52.6% in United Kingdom, a difference of 2.2%.
The two have swapped places 1 time across 53 shared years of data; in 1972 it was United Kingdom ahead.
Korea ranks 24th and United Kingdom ranks 27th of 153 countries.
Across the 6 decades both report, Korea averaged higher in 2 and United Kingdom in 4.
Head to head by decade
| Decade | Korea | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 29.1% | 58.7% | 29.7% | United Kingdom |
| 1980s | 30.0% | 54.5% | 24.5% | United Kingdom |
| 1990s | 38.1% | 49.0% | 10.9% | United Kingdom |
| 2000s | 41.3% | 49.9% | 8.6% | United Kingdom |
| 2010s | 48.9% | 46.1% | 2.8% | Korea |
| 2020s | 56.0% | 50.3% | 5.7% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Korea or United Kingdom?
- Korea, at 54.8% against 52.6% in United Kingdom as of 2024.
- What is the difference in taxes on income, profits and capital gains between Korea and United Kingdom?
- 2.2%, with Korea ahead.
- How many years of comparable data are there for Korea and United Kingdom?
- 53 years are reported by both, from 1972 to 2024.
- How do Korea and United Kingdom rank globally for taxes on income, profits and capital gains?
- Korea ranks 24th and United Kingdom ranks 27th 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.