In 2023, the median household disposable income in South Korea amounted to around ***** million South Korean won, showing a steady increase over the past few years. The median disposable income of South Korean households has steadily increased over the past few years.

Korea POCEAN: Net Income after Tax data was reported at 33,964.000 USD th in Mar 2018. This records a decrease from the previous number of 124,903.000 USD th for Dec 2017. Korea POCEAN: Net Income after Tax data is updated quarterly, averaging 33,964.000 USD th from Dec 2002 (Median) to Mar 2018, with 55 observations. The data reached an all-time high of 751,489.000 USD th in Dec 2014 and a record low of -1,755,257.000 USD th in Dec 2013. Korea POCEAN: Net Income after Tax data remains active status in CEIC and is reported by Pan Ocean Company Limited. The data is categorized under World Trend Plus’s Top Company: Shipping: Asia Excluding China – Table RP.AT001: Pan Ocean Company Limited (POCEAN): Financial Highlights.

The Personal Income Tax Rate in South Korea stands at 45 percent. This dataset provides - South Korea Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Korea Total Tax Rate: % of Profit data was reported at 33.100 % in 2017. This stayed constant from the previous number of 33.100 % for 2016. Korea Total Tax Rate: % of Profit data is updated yearly, averaging 33.200 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 36.800 % in 2005 and a record low of 30.200 % in 2010. Korea Total Tax Rate: % of Profit data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Company Statistics. Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

South Korea HS: UW: AME: Nominal: NC: Current Tax data was reported at 205,972.000 KRW in 2017. South Korea HS: UW: AME: Nominal: NC: Current Tax data is updated yearly, averaging 205,972.000 KRW from Dec 2017 (Median) to 2017, with 1 observations. South Korea HS: UW: AME: Nominal: NC: Current Tax data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.H048: Household Income and Expenditure Survey (HS): Urban Salary and Wage Earner: Nominal.

South Korea: Income, profits, and capital gains taxes: percent of revenue: The latest value from 2023 is 29.99 percent, a decline from 33.88 percent in 2022. In comparison, the world average is 25.45 percent, based on data from 85 countries. Historically, the average for South Korea from 1972 to 2023 is 27.7 percent. The minimum value, 22.16 percent, was reached in 1975 while the maximum of 34.76 percent was recorded in 1989.

South Korea CSB: Comprehensive Income Tax data was reported at 0.326 KRW bn in Sep 2018. This records a decrease from the previous number of 248.548 KRW bn for Jun 2018. South Korea CSB: Comprehensive Income Tax data is updated quarterly, averaging 0.000 KRW bn from Mar 1999 (Median) to Sep 2018, with 79 observations. The data reached an all-time high of 297.866 KRW bn in Mar 2011 and a record low of -741.616 KRW bn in Jun 2011. South Korea CSB: Comprehensive Income Tax data remains active status in CEIC and is reported by Financial Supervisory Service. The data is categorized under Global Database’s South Korea – Table KR.KB062: Income Statement: Commercial and Specialized Banks.

South Korea CSB: Net Income Before Income Tax data was reported at 5,565.590 KRW bn in Sep 2018. This records an increase from the previous number of 5,552.012 KRW bn for Jun 2018. South Korea CSB: Net Income Before Income Tax data is updated quarterly, averaging 2,471.143 KRW bn from Mar 1999 (Median) to Sep 2018, with 79 observations. The data reached an all-time high of 8,845.628 KRW bn in Mar 2007 and a record low of -6,002.000 KRW bn in Dec 1999. South Korea CSB: Net Income Before Income Tax data remains active status in CEIC and is reported by Financial Supervisory Service. The data is categorized under Global Database’s South Korea – Table KR.KB062: Income Statement: Commercial and Specialized Banks.

South Korea BOK: Income Taxes data was reported at 1,081,490.000 KRW mn in 2018. This records a decrease from the previous number of 1,344,093.000 KRW mn for 2017. South Korea BOK: Income Taxes data is updated yearly, averaging 1,017,454.846 KRW mn from Dec 2009 (Median) to 2018, with 10 observations. The data reached an all-time high of 1,344,093.000 KRW mn in 2017 and a record low of 762,189.129 KRW mn in 2013. South Korea BOK: Income Taxes data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.KB067: Income Statement: The Bank of Korea.

Korea Deposit Takers: Income Tax data was reported at 2,403,000.000 KRW mn in 2016. This records a decrease from the previous number of 3,037,000.000 KRW mn for 2015. Korea Deposit Takers: Income Tax data is updated yearly, averaging 1,047,918.500 KRW mn from Dec 2005 (Median) to 2016, with 10 observations. The data reached an all-time high of 3,389,000.000 KRW mn in 2008 and a record low of -551,000.000 KRW mn in 2014. Korea Deposit Takers: Income Tax data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Korea – Table KR.IMF.FSI: Sectoral Financial Statement: Income and Expense: Annual.

Korea HS: AS: Exp: Nominal: NC: Non Current Tax data was reported at 18,865.000 KRW in Mar 2018. This records an increase from the previous number of 6,759.000 KRW for Dec 2017. Korea HS: AS: Exp: Nominal: NC: Non Current Tax data is updated quarterly, averaging 13,016.000 KRW from Mar 2003 (Median) to Mar 2018, with 61 observations. The data reached an all-time high of 26,373.000 KRW in Mar 2017 and a record low of 6,383.000 KRW in Jun 2017. Korea HS: AS: Exp: Nominal: NC: Non Current Tax data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s Korea – Table KR.H044: Household Income and Expenditure Survey (HS): All Salary and Wage Earner: Nominal.

Korea HS: SW: Exp: Nominal: NC: Non Current Tax data was reported at 20,176.000 KRW in Mar 2018. This records an increase from the previous number of 6,212.000 KRW for Dec 2017. Korea HS: SW: Exp: Nominal: NC: Non Current Tax data is updated quarterly, averaging 10,169.000 KRW from Mar 1990 (Median) to Mar 2018, with 113 observations. The data reached an all-time high of 30,238.000 KRW in Mar 2017 and a record low of 3,426.000 KRW in Dec 1991. Korea HS: SW: Exp: Nominal: NC: Non Current Tax data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s Korea – Table KR.H048: Household Income and Expenditure Survey (HS): Urban Salary and Wage Earner: Nominal.

Korea Transpo: Income Before Income Taxes to Total Assets data was reported at 1.990 % in 2017. This records an increase from the previous number of -0.010 % for 2016. Korea Transpo: Income Before Income Taxes to Total Assets data is updated yearly, averaging 1.100 % from Dec 2015 (Median) to 2017, with 3 observations. The data reached an all-time high of 1.990 % in 2017 and a record low of -0.010 % in 2016. Korea Transpo: Income Before Income Taxes to Total Assets data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.S042: Financial Statement Analysis: KSIC 10th Revision: Complete Enumeration: Transportation.

Korea Time to Prepare and Pay Taxes data was reported at 188.000 Hour in 2017. This stayed constant from the previous number of 188.000 Hour for 2016. Korea Time to Prepare and Pay Taxes data is updated yearly, averaging 225.000 Hour from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 290.000 Hour in 2007 and a record low of 187.000 Hour in 2014. Korea Time to Prepare and Pay Taxes data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Company Statistics. Time to prepare and pay taxes is the time, in hours per year, it takes to prepare, file, and pay (or withhold) three major types of taxes: the corporate income tax, the value added or sales tax, and labor taxes, including payroll taxes and social security contributions.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

South Korea Central Government: Total Revenue: Year to Date: Tax Revenue: Income Tax data was reported at 30,300.000 KRW bn in Mar 2025. This records an increase from the previous number of 26,800.000 KRW bn for Feb 2025. South Korea Central Government: Total Revenue: Year to Date: Tax Revenue: Income Tax data is updated monthly, averaging 44,500.000 KRW bn from Jan 2014 (Median) to Mar 2025, with 135 observations. The data reached an all-time high of 128,700.000 KRW bn in Dec 2022 and a record low of 5,500.000 KRW bn in Jan 2014. South Korea Central Government: Total Revenue: Year to Date: Tax Revenue: Income Tax data remains active status in CEIC and is reported by Ministry of Economy and Finance. The data is categorized under Global Database’s South Korea – Table KR.F005: Central Government Fiscal Balance.

Korea Non Financial Corporations: Income Tax data was reported at 2,861,000.000 KRW mn in 2015. This records a decrease from the previous number of 32,315,906.000 KRW mn for 2013. Korea Non Financial Corporations: Income Tax data is updated yearly, averaging 28,414,745.000 KRW mn from Dec 2005 (Median) to 2015, with 8 observations. The data reached an all-time high of 34,539,000.000 KRW mn in 2011 and a record low of 2,861,000.000 KRW mn in 2015. Korea Non Financial Corporations: Income Tax data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Korea – Table KR.IMF.FSI: Sectoral Financial Statement: Income and Expense: Annual.

Korea Profit Tax: % of Commercial Profits data was reported at 18.200 % in 2017. This stayed constant from the previous number of 18.200 % for 2016. Korea Profit Tax: % of Commercial Profits data is updated yearly, averaging 18.400 % from Dec 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 22.800 % in 2005 and a record low of 15.600 % in 2010. Korea Profit Tax: % of Commercial Profits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Business Environment. Profit tax is the amount of taxes on profits paid by the business.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

Korea LE: Income Before Income Taxes to Total Assets data was reported at 5.850 % in 2017. This records an increase from the previous number of 4.290 % for 2016. Korea LE: Income Before Income Taxes to Total Assets data is updated yearly, averaging 4.290 % from Dec 2015 (Median) to 2017, with 3 observations. The data reached an all-time high of 5.850 % in 2017 and a record low of 3.990 % in 2015. Korea LE: Income Before Income Taxes to Total Assets data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.S028: Financial Statement Analysis: KSIC 10th Revision: Complete Enumeration: Large Enterprises.

Korea GG: Inc: Taxes on Income Payable data was reported at 0.000 KRW bn in 2017. This stayed constant from the previous number of 0.000 KRW bn for 2016. Korea GG: Inc: Taxes on Income Payable data is updated yearly, averaging 0.000 KRW bn from Dec 1970 (Median) to 2017, with 48 observations. Korea GG: Inc: Taxes on Income Payable data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s Korea – Table KR.F011: General Government Account: Total Revenue and Total Expenditure.

South Korea CGO: Year to Date: TR: Current: Tax Revenue: Income, Profits & Capital Gains data was reported at 148,397.000 KRW bn in Nov 2018. This records an increase from the previous number of 137,087.000 KRW bn for Oct 2018. South Korea CGO: Year to Date: TR: Current: Tax Revenue: Income, Profits & Capital Gains data is updated monthly, averaging 36,032.500 KRW bn from Dec 1999 (Median) to Nov 2018, with 228 observations. The data reached an all-time high of 148,397.000 KRW bn in Nov 2018 and a record low of 2,422.000 KRW bn in Jan 2005. South Korea CGO: Year to Date: TR: Current: Tax Revenue: Income, Profits & Capital Gains data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.F001: Consolidated Central Government Statistics.