Australia vs Republic of Korea: Taxes less subsidies on products
Taxes less subsidies on products over time
- Australia
- Republic of Korea
How they compare
Republic of Korea currently reports 130.66 billion current US$ against 115.11 billion current US$ in Australia, a difference of 15.54 billion current US$.
That makes Republic of Korea's figure about 1.1 times Australia's.
The two have swapped places 2 times across 36 shared years of data; in 1990 it was Republic of Korea ahead.
Australia ranks 16th and Republic of Korea ranks 13th of 197 countries.
Republic of Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Australia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 28.58 billion current US$ | 40.37 billion current US$ | 11.79 billion current US$ | Republic of Korea |
| 2000s | 52.06 billion current US$ | 79.30 billion current US$ | 27.24 billion current US$ | Republic of Korea |
| 2010s | 92.63 billion current US$ | 122.90 billion current US$ | 30.27 billion current US$ | Republic of Korea |
| 2020s | 105.35 billion current US$ | 140.44 billion current US$ | 35.09 billion current US$ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products, Australia or Republic of Korea?
- Republic of Korea, at 130.66 billion current US$ against 115.11 billion current US$ in Australia as of 2025.
- What is the difference in taxes less subsidies on products between Australia and Republic of Korea?
- 15.54 billion current US$, with Republic of Korea ahead.
- How many years of comparable data are there for Australia and Republic of Korea?
- 36 years are reported by both, from 1990 to 2025.
- How do Australia and Republic of Korea rank globally for taxes less subsidies on products?
- Australia ranks 16th and Republic of Korea ranks 13th of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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 indicator is expressed in United States dollars.