South Korea vs Papua New Guinea: Taxes less subsidies on products (constant LCU), annual growth rate

South Korea
-1.12 % change on previous year
in 2025
Papua New Guinea
-0.7282 % change on previous year
in 2024
South Korea rank
168th
Papua New Guinea rank
167th

Taxes less subsidies on products (constant LCU), annual growth rate over time

  • South Korea
  • Papua New Guinea
-50050100196119932025

How they compare

Papua New Guinea currently reports -0.7282 % change on previous year against -1.12 % change on previous year in South Korea, a difference of 0.3918 % change on previous year.

The two have swapped places 23 times across 55 shared years of data; in 1961 it was Papua New Guinea ahead.

South Korea ranks 168th and Papua New Guinea ranks 167th of 188 countries.

Across the 7 decades both report, South Korea averaged higher in 3 and Papua New Guinea in 4.

Head to head by decade

Decade South Korea Papua New Guinea Difference Ahead
1960s 11.93 % change on previous year 28.39 % change on previous year 16.46 % change on previous year Papua New Guinea
1970s 15.01 % change on previous year 13.41 % change on previous year 1.6 % change on previous year South Korea
1980s 9.52 % change on previous year 17.69 % change on previous year 8.17 % change on previous year Papua New Guinea
1990s 6.83 % change on previous year -4.26 % change on previous year 11.09 % change on previous year South Korea
2000s 3.72 % change on previous year 2.67 % change on previous year 1.05 % change on previous year South Korea
2010s 3.18 % change on previous year 10.25 % change on previous year 7.08 % change on previous year Papua New Guinea
2020s 0.3192 % change on previous year 4.59 % change on previous year 4.28 % change on previous year Papua New Guinea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (constant lcu), annual growth rate, South Korea or Papua New Guinea?
Papua New Guinea, at -0.7282 % change on previous year against -1.12 % change on previous year in South Korea as of 2024.
What is the difference in taxes less subsidies on products (constant lcu), annual growth rate between South Korea and Papua New Guinea?
0.3918 % change on previous year, with Papua New Guinea ahead.
How many years of comparable data are there for South Korea and Papua New Guinea?
55 years are reported by both, from 1961 to 2024.
How do South Korea and Papua New Guinea rank globally for taxes less subsidies on products (constant lcu), annual growth rate?
South Korea ranks 168th and Papua New Guinea ranks 167th of 188 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

South Korea vs Papua New Guinea: Taxes less subsidies on products (constant LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu-annual-growth-rate/korea-rep/papua-new-guinea/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under Derived by Statizoid from the sources named on the page; please keep the attribution.

<a href="https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu-annual-growth-rate/korea-rep/papua-new-guinea/">South Korea vs Papua New Guinea: Taxes less subsidies on products (constant LCU), annual growth rate</a> — Statizoid

About this data

Indicator
Taxes less subsidies on products (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
188 places, 7,126 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Taxes less subsidies on products (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.