South Korea vs Luxembourg: Taxes on income, profits, and capital gains, Ratio of this level of

South Korea
0.9003
in 2020
Luxembourg
0.8966
in 2020
South Korea rank
50th
Luxembourg rank
51st

Taxes on income, profits, and capital gains, Ratio of this level of over time

  • South Korea
  • Luxembourg
00.20.40.60.81199520072020

How they compare

South Korea currently reports 0.9003 against 0.8966 in Luxembourg, a difference of 0.0037.

The two have swapped places 2 times across 9 shared years of data; in 2012 it was South Korea ahead.

South Korea ranks 50th and Luxembourg ranks 51st of 80 countries.

Across the 2 decades both report, South Korea averaged higher in 1 and Luxembourg in 1.

Head to head by decade

Decade South Korea Luxembourg Difference Ahead
2010s 0.8994 0.9021 0.0026 Luxembourg
2020s 0.9003 0.8966 0.0037 South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on income, profits, and capital gains, ratio of this level of, South Korea or Luxembourg?
South Korea, at 0.9003 against 0.8966 in Luxembourg as of 2020.
What is the difference in taxes on income, profits, and capital gains, ratio of this level of between South Korea and Luxembourg?
0.0037, with South Korea ahead.
How many years of comparable data are there for South Korea and Luxembourg?
9 years are reported by both, from 2012 to 2020.
How do South Korea and Luxembourg rank globally for taxes on income, profits, and capital gains, ratio of this level of?
South Korea ranks 50th and Luxembourg ranks 51st of 80 countries.
Where does this data come from?
International Monetary Fund, published as Taxes on income, profits, and capital gains, 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.

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South Korea vs Luxembourg: Taxes on income, profits, and capital gains, Ratio of this level of. Statizoid, drawing on International Monetary Fund. Retrieved 19 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-income-profits-and-capital-gains-ratio-of-this-level-of-government-s-revenue/korea-rep/luxembourg/

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About this data

Indicator
Taxes on income, profits, and capital gains, Ratio of this level of government's revenue from this item to total general government revenue from this item, Percent (Central government)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
80 places, 1,620 data points, 1972–2020
Last refreshed

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.