Republic of Korea vs Lebanon: Taxes less subsidies on products

Republic of Korea
185.85 trillion current LCU
in 2025
Lebanon
1,408.46 trillion current LCU
in 2024
Republic of Korea rank
5th
Lebanon rank
2nd

Taxes less subsidies on products over time

  • Republic of Korea
  • Lebanon
0500.0T1,000.0T1,500.0T196019922025

How they compare

Lebanon currently reports 1,408.46 trillion current LCU against 185.85 trillion current LCU in Republic of Korea, a difference of 1,222.61 trillion current LCU.

That makes Lebanon's figure about 7.6 times Republic of Korea's.

The two have swapped places 1 time across 34 shared years of data; in 1991 it was Republic of Korea ahead.

Republic of Korea ranks 5th and Lebanon ranks 2nd of 199 countries.

Across the 4 decades both report, Republic of Korea averaged higher in 3 and Lebanon in 1.

Head to head by decade

Decade Republic of Korea Lebanon Difference Ahead
1990s 38.12 trillion current LCU 1.92 trillion current LCU 36.21 trillion current LCU Republic of Korea
2000s 88.00 trillion current LCU 3.82 trillion current LCU 84.18 trillion current LCU Republic of Korea
2010s 138.02 trillion current LCU 5.13 trillion current LCU 132.89 trillion current LCU Republic of Korea
2020s 178.30 trillion current LCU 480.29 trillion current LCU 301.99 trillion current LCU Lebanon

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Republic of Korea or Lebanon?
Lebanon, at 1,408.46 trillion current LCU against 185.85 trillion current LCU in Republic of Korea as of 2024.
What is the difference in taxes less subsidies on products between Republic of Korea and Lebanon?
1,222.61 trillion current LCU, with Lebanon ahead.
How many years of comparable data are there for Republic of Korea and Lebanon?
34 years are reported by both, from 1991 to 2024.
How do Republic of Korea and Lebanon rank globally for taxes less subsidies on products?
Republic of Korea ranks 5th and Lebanon ranks 2nd 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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Republic of Korea vs Lebanon: 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/korea-rep/lebanon/

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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.