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Economy > Tax > Components of taxation Stats: compare key data on Germany & South Korea

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Definitions

STAT Germany South Korea
Corporate income tax u2.9%
Ranked 28th.
u12.8%
Ranked 5th. 4 times more than Germany
Goods and service tax 29.2%
Ranked 19th.
38.8%
Ranked 6th. 33% more than Germany
Personal income tax 25.1%
Ranked 16th. 96% more than South Korea
12.8%
Ranked 28th.
Social security > Contribution by employer 19.8%
Ranked 9th. 3 times more than South Korea
7.7%
Ranked 24th.
Social security > Employees contribution 17.6%
Ranked 4th. 59% more than South Korea
11.1%
Ranked 12th.

SOURCES: OECD Revenue Statistics

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