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Economy > Government > Revenue > Tax Stats: compare key data on South Korea & Vietnam

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Definitions

STAT South Korea Vietnam HISTORY
Sales tax, VAT or GST 10%
Ranked 51st. The same as Vietnam
10%
Ranked 55th.

Tax burden, % of GDP 25.9
Ranked 55th. 23% more than Vietnam
21.1
Ranked 82nd.
Taxes foreign income of nonresident citizens no no
Taxes foreign income of resident foreigners yes yes
Taxes local income of nonresident individuals yes yes
Taxes local income of resident citizens yes yes
Taxes local income of resident foreigners yes yes

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