South Korea vs Thailand: 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
- South Korea
- Thailand
How they compare
Thailand currently reports 0.8975 against 0.8109 in South Korea, a difference of 0.0866.
That makes Thailand's figure about 1.1 times South Korea's.
The two have swapped places 1 time across 9 shared years of data; in 2012 it was South Korea ahead.
South Korea ranks 63rd and Thailand ranks 60th of 70 countries.
Across the 2 decades both report, South Korea averaged higher in 1 and Thailand in 1.
Head to head by decade
| Decade | South Korea | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.9156 | 0.8991 | 0.0165 | South Korea |
| 2020s | 0.8109 | 0.8975 | 0.0866 | Thailand |
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, South Korea or Thailand?
- Thailand, at 0.8975 against 0.8109 in South Korea as of 2020.
- What is the difference in value-added tax (vat), ratio of this level of government's revenue between South Korea and Thailand?
- 0.0866, with Thailand ahead.
- How many years of comparable data are there for South Korea and Thailand?
- 9 years are reported by both, from 2012 to 2020.
- How do South Korea and Thailand rank globally for value-added tax (vat), ratio of this level of government's revenue?
- South Korea ranks 63rd and Thailand ranks 60th 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.