Colombia vs Republic of Korea: Taxes less subsidies on products

Colombia
181.46 trillion current LCU
in 2025
Republic of Korea
185.85 trillion current LCU
in 2025
Colombia rank
6th
Republic of Korea rank
5th

Taxes less subsidies on products over time

  • Colombia
  • Republic of Korea
050.0T100.0T150.0T200.0T196019922025

How they compare

Republic of Korea currently reports 185.85 trillion current LCU against 181.46 trillion current LCU in Colombia, a difference of 4.38 trillion current LCU.

Across all 61 years both countries report, Republic of Korea has been ahead every year.

Colombia ranks 6th and Republic of Korea ranks 5th of 199 countries.

Republic of Korea has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Colombia Republic of Korea Difference Ahead
1960s 1.63 billion current LCU 109.14 billion current LCU 107.51 billion current LCU Republic of Korea
1970s 10.43 billion current LCU 1.25 trillion current LCU 1.24 trillion current LCU Republic of Korea
1980s 190.63 billion current LCU 9.13 trillion current LCU 8.94 trillion current LCU Republic of Korea
1990s 5.98 trillion current LCU 36.23 trillion current LCU 30.26 trillion current LCU Republic of Korea
2000s 29.02 trillion current LCU 88.00 trillion current LCU 58.97 trillion current LCU Republic of Korea
2010s 72.04 trillion current LCU 138.02 trillion current LCU 65.97 trillion current LCU Republic of Korea
2020s 141.63 trillion current LCU 179.56 trillion current LCU 37.92 trillion current LCU Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Colombia or Republic of Korea?
Republic of Korea, at 185.85 trillion current LCU against 181.46 trillion current LCU in Colombia as of 2025.
What is the difference in taxes less subsidies on products between Colombia and Republic of Korea?
4.38 trillion current LCU, with Republic of Korea ahead.
How many years of comparable data are there for Colombia and Republic of Korea?
61 years are reported by both, from 1965 to 2025.
How do Colombia and Republic of Korea rank globally for taxes less subsidies on products?
Colombia ranks 6th and Republic of Korea ranks 5th of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Republic of Korea: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 08 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/colombia/korea-rep/

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About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,473 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.