Republic of Korea vs Viet Nam: Taxes less subsidies on products
Taxes less subsidies on products over time
- Republic of Korea
- Viet Nam
How they compare
Viet Nam currently reports 1,023.05 trillion current LCU against 185.85 trillion current LCU in Republic of Korea, a difference of 837.20 trillion current LCU.
That makes Viet Nam's figure about 5.5 times Republic of Korea's.
Across all 16 years both countries report, Viet Nam has been ahead every year.
Republic of Korea ranks 5th and Viet Nam ranks 3rd of 199 countries.
Viet Nam has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Republic of Korea | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 138.02 trillion current LCU | 473.16 trillion current LCU | 335.14 trillion current LCU | Viet Nam |
| 2020s | 179.56 trillion current LCU | 845.54 trillion current LCU | 665.98 trillion current LCU | Viet Nam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products, Republic of Korea or Viet Nam?
- Viet Nam, at 1,023.05 trillion current LCU against 185.85 trillion current LCU in Republic of Korea as of 2025.
- What is the difference in taxes less subsidies on products between Republic of Korea and Viet Nam?
- 837.20 trillion current LCU, with Viet Nam ahead.
- How many years of comparable data are there for Republic of Korea and Viet Nam?
- 16 years are reported by both, from 2010 to 2025.
- How do Republic of Korea and Viet Nam rank globally for taxes less subsidies on products?
- Republic of Korea ranks 5th and Viet Nam ranks 3rd 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.
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.