Korea vs Namibia: Effective tax rates - Corporate tax statistics — Effective average

Korea
28.52 Percentage of taxable income
in 2025
Namibia
58.81 Percentage of taxable income
in 2025
Korea rank
1st
Namibia rank
4th

Effective tax rates - Corporate tax statistics — Effective average over time

  • Korea
  • Namibia
0204060201720212025

How they compare

Namibia currently reports 58.81 Percentage of taxable income against 28.52 Percentage of taxable income in Korea, a difference of 30.29 Percentage of taxable income.

That makes Namibia's figure about 2.1 times Korea's.

Across all 9 years both countries report, Namibia has been ahead every year.

Korea ranks 1st and Namibia ranks 4th of 3 groups.

Namibia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Korea Namibia Difference Ahead
2010s 26.51 Percentage of taxable income 63.2 Percentage of taxable income 36.7 Percentage of taxable income Namibia
2020s 28.1 Percentage of taxable income 61.35 Percentage of taxable income 33.25 Percentage of taxable income Namibia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher effective tax rates - corporate tax statistics — effective average, Korea or Namibia?
Namibia, at 58.81 Percentage of taxable income against 28.52 Percentage of taxable income in Korea as of 2025.
What is the difference in effective tax rates - corporate tax statistics — effective average between Korea and Namibia?
30.29 Percentage of taxable income, with Namibia ahead.
How many years of comparable data are there for Korea and Namibia?
9 years are reported by both, from 2017 to 2025.
How do Korea and Namibia rank globally for effective tax rates - corporate tax statistics — effective average?
Korea ranks 1st and Namibia ranks 4th of 3 groups.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Effective tax rates - Corporate tax statistics — Effective average tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Namibia: Effective tax rates - Corporate tax statistics — Effective average. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/effective-tax-rates-corporate-tax-statistics-effective-average-tax-rate/korea/namibia/

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About this data

Indicator
Effective tax rates - Corporate tax statistics — Effective average tax rate
Unit
Percentage of taxable income
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
105 places, 945 data points, 2017–2025
Last refreshed

This table reports synthetic tax policy indicators calculated on the basis of a prospective, hypothetical investment project. Unlike backward-looking ETRs, they do not incorporate any information about firms' actual tax payments.The OECD methodology has been described in detail in the OECD Taxation Working Paper No. 38 (Hanappi, 2018). Further methodological information is available in the explanatory annex.