Though Republic of Korea tax on income, profits and capital gains fluctuated substantially in recent years, it tended to increase through 1972 - 2021 period ending at 30.4 % in 2021.
The description is composed by our digital data assistant.| Current Prices Local Currency | 191,508.83B current LCU in 2021 | WB |
| Share of total taxes | 55.01 % in 2021 | WB |
| Armenia | 35.25 % in 2021 | WB |
| Georgia | 31.02 % in 2021 | WB |
| Kazakhstan | 28.26 % in 2021 | WB |
| Bangladesh | 25.76 % in 2021 | WB |
| Nepal | 24.59 % in 2021 | WB |
| China | 20.39 % in 2021 | WB |
| Sri Lanka | 19.54 % in 2021 | WB |
| Mongolia | 16.51 % in 2021 | WB |
| Azerbaijan | 11.7 % in 2021 | WB |
| Budget Deficit | -16,068.23B current LCU in 2021 | WB |
| Debt | 48.96 % in 2021 | WB |
| Government Expenditure | 634,277.78B current LCU in 2021 | WB |
| Government Revenue | 29.93 % in 2021 | WB |
| Social Contributions | 26.83 % in 2021 | WB |
| Grants and Other Revenue | 17.91 % in 2021 | WB |
| Tax Revenue | 16.73 % in 2021 | WB |
| Customs | 2.49 % in 2021 | WB |
| Share of total taxes | 55.01 % in 2021 | WB |
| Tax on Goods and Services | 18.68 % in 2021 | WB |
| Other Taxes | 4.8 % in 2021 | WB |
| Taxes on International Trade | 1.38 % in 2021 | WB |
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