South Korea vs Vietnam: Taxes less subsidies on products (current LCU)

South Korea
185.85 trillion current LCU
in 2025
Vietnam
1,023.05 trillion current LCU
in 2025
South Korea rank
5th
Vietnam rank
3rd

Taxes less subsidies on products (current LCU) over time

  • South Korea
  • Vietnam
0250.0T500.0T750.0T1,000.0T196019922025

How they compare

Vietnam currently reports 1,023.05 trillion current LCU against 185.85 trillion current LCU in South Korea, a difference of 837.20 trillion current LCU.

That makes Vietnam's figure about 5.5 times South Korea's.

Across all 16 years both countries report, Vietnam has been ahead every year.

South Korea ranks 5th and Vietnam ranks 3rd of 199 countries.

Vietnam has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade South Korea Vietnam Difference Ahead
2010s 138.02 trillion current LCU 473.16 trillion current LCU 335.14 trillion current LCU Vietnam
2020s 179.56 trillion current LCU 845.54 trillion current LCU 665.98 trillion current LCU Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, South Korea or Vietnam?
Vietnam, at 1,023.05 trillion current LCU against 185.85 trillion current LCU in South Korea as of 2025.
What is the difference in taxes less subsidies on products between South Korea and Vietnam?
837.20 trillion current LCU, with Vietnam ahead.
How many years of comparable data are there for South Korea and Vietnam?
16 years are reported by both, from 2010 to 2025.
How do South Korea and Vietnam rank globally for taxes less subsidies on products?
South Korea ranks 5th and Vietnam 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.

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South Korea vs Vietnam: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 24 October 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/korea-rep/viet-nam/

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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.