Japan vs South Korea: Value-added tax (VAT), Ratio of this level of government's revenue
Value-added tax (VAT), Ratio of this level of government's revenue over time
- Japan
- South Korea
How they compare
South Korea currently reports 0.8109 against 0.7945 in Japan, a difference of 0.0164.
Across all 9 years both countries report, South Korea has been ahead every year.
Japan ranks 64th and South Korea ranks 63rd of 70 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Japan | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.7966 | 0.9156 | 0.119 | South Korea |
| 2020s | 0.7945 | 0.8109 | 0.0163 | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher value-added tax (vat), ratio of this level of government's revenue, Japan or South Korea?
- South Korea, at 0.8109 against 0.7945 in Japan as of 2020.
- What is the difference in value-added tax (vat), ratio of this level of government's revenue between Japan and South Korea?
- 0.0164, with South Korea ahead.
- How many years of comparable data are there for Japan and South Korea?
- 9 years are reported by both, from 2012 to 2020.
- How do Japan and South Korea rank globally for value-added tax (vat), ratio of this level of government's revenue?
- Japan ranks 64th and South Korea ranks 63rd of 70 countries.
- Where does this data come from?
- International Monetary Fund, published as Value-added tax (VAT), 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.
Individual pages
About this data
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.