South Korea vs Madagascar: Taxes less subsidies on products (constant LCU), per unit of GDP

South Korea
88.75 constant LCU per US$ of GDP
in 2025
Madagascar
141.06 constant LCU per US$ of GDP
in 2025
South Korea rank
14th
Madagascar rank
11th

Taxes less subsidies on products (constant LCU), per unit of GDP over time

  • South Korea
  • Madagascar
0200400600800196019922025

How they compare

Madagascar currently reports 141.06 constant LCU per US$ of GDP against 88.75 constant LCU per US$ of GDP in South Korea, a difference of 52.31 constant LCU per US$ of GDP.

That makes Madagascar's figure about 1.6 times South Korea's.

The two have swapped places 8 times across 51 shared years of data; in 1960 it was Madagascar ahead.

South Korea ranks 14th and Madagascar ranks 11th of 189 countries.

Across the 6 decades both report, South Korea averaged higher in 3 and Madagascar in 3.

Head to head by decade

Decade South Korea Madagascar Difference Ahead
1960s 600.4 constant LCU per US$ of GDP 477.24 constant LCU per US$ of GDP 123.16 constant LCU per US$ of GDP South Korea
1970s 430.16 constant LCU per US$ of GDP 339.6 constant LCU per US$ of GDP 90.55 constant LCU per US$ of GDP South Korea
1990s 142.38 constant LCU per US$ of GDP 130.28 constant LCU per US$ of GDP 12.1 constant LCU per US$ of GDP South Korea
2000s 131.97 constant LCU per US$ of GDP 135.01 constant LCU per US$ of GDP 3.04 constant LCU per US$ of GDP Madagascar
2010s 98.82 constant LCU per US$ of GDP 126.61 constant LCU per US$ of GDP 27.79 constant LCU per US$ of GDP Madagascar
2020s 91.81 constant LCU per US$ of GDP 160.73 constant LCU per US$ of GDP 68.92 constant LCU per US$ of GDP Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (constant lcu), per unit of gdp, South Korea or Madagascar?
Madagascar, at 141.06 constant LCU per US$ of GDP against 88.75 constant LCU per US$ of GDP in South Korea as of 2025.
What is the difference in taxes less subsidies on products (constant lcu), per unit of gdp between South Korea and Madagascar?
52.31 constant LCU per US$ of GDP, with Madagascar ahead.
How many years of comparable data are there for South Korea and Madagascar?
51 years are reported by both, from 1960 to 2025.
How do South Korea and Madagascar rank globally for taxes less subsidies on products (constant lcu), per unit of gdp?
South Korea ranks 14th and Madagascar ranks 11th of 189 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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South Korea vs Madagascar: Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/korea-rep/madagascar/

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About this data

Indicator
Taxes less subsidies on products (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 7,344 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.