Korea vs Viet Nam: Taxes less subsidies on products
Taxes less subsidies on products over time
- Korea
- Viet Nam
How they compare
Viet Nam currently reports 588.77 trillion constant LCU against 166.18 trillion constant LCU in Korea, a difference of 422.59 trillion constant LCU.
That makes Viet Nam's figure about 3.5 times Korea's.
Across all 16 years both countries report, Viet Nam has been ahead every year.
Korea ranks 4th and Viet Nam ranks 2nd of 189 countries.
Viet Nam has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Korea | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 149.53 trillion constant LCU | 363.46 trillion constant LCU | 213.93 trillion constant LCU | Viet Nam |
| 2020s | 169.38 trillion constant LCU | 521.09 trillion constant LCU | 351.71 trillion constant LCU | Viet Nam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products, Korea or Viet Nam?
- Viet Nam, at 588.77 trillion constant LCU against 166.18 trillion constant LCU in Korea as of 2025.
- What is the difference in taxes less subsidies on products between Korea and Viet Nam?
- 422.59 trillion constant LCU, with Viet Nam ahead.
- How many years of comparable data are there for Korea and Viet Nam?
- 16 years are reported by both, from 2010 to 2025.
- How do Korea and Viet Nam rank globally for taxes less subsidies on products?
- Korea ranks 4th and Viet Nam ranks 2nd of 189 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.