Colombia vs South Korea: Taxes on international trade (current LCU)
Taxes on international trade (current LCU) over time
- Colombia
- South Korea
How they compare
Colombia currently reports 7.10 trillion current LCU against 7.02 trillion current LCU in South Korea, a difference of 72.07 billion current LCU.
The two have swapped places 1 time across 21 shared years of data; in 1998 it was South Korea ahead.
Colombia ranks 6th and South Korea ranks 7th of 155 countries.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Colombia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.51 trillion current LCU | 4.26 trillion current LCU | 2.75 trillion current LCU | South Korea |
| 2000s | 3.49 trillion current LCU | 7.65 trillion current LCU | 4.16 trillion current LCU | South Korea |
| 2010s | 4.50 trillion current LCU | 9.21 trillion current LCU | 4.72 trillion current LCU | South Korea |
| 2020s | 5.75 trillion current LCU | 7.99 trillion current LCU | 2.24 trillion current LCU | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Colombia or South Korea?
- Colombia, at 7.10 trillion current LCU against 7.02 trillion current LCU in South Korea as of 2024.
- What is the difference in taxes on international trade between Colombia and South Korea?
- 72.07 billion current LCU, with Colombia ahead.
- How many years of comparable data are there for Colombia and South Korea?
- 21 years are reported by both, from 1998 to 2024.
- How do Colombia and South Korea rank globally for taxes on international trade?
- Colombia ranks 6th and South Korea ranks 7th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.