Canada vs Republic of Korea: Taxes less subsidies on products

Canada
144.88 billion current US$
in 2025
Republic of Korea
130.66 billion current US$
in 2025
Canada rank
11th
Republic of Korea rank
13th

Taxes less subsidies on products over time

  • Canada
  • Republic of Korea
050.0B100.0B150.0B196019922025

How they compare

Canada currently reports 144.88 billion current US$ against 130.66 billion current US$ in Republic of Korea, a difference of 14.22 billion current US$.

That makes Canada's figure about 1.1 times Republic of Korea's.

The two have swapped places 6 times across 56 shared years of data; in 1970 it was Canada ahead.

Canada ranks 11th and Republic of Korea ranks 13th of 197 countries.

Across the 6 decades both report, Canada averaged higher in 3 and Republic of Korea in 3.

Head to head by decade

Decade Canada Republic of Korea Difference Ahead
1970s 11.06 billion current US$ 2.69 billion current US$ 8.37 billion current US$ Canada
1980s 24.37 billion current US$ 12.06 billion current US$ 12.31 billion current US$ Canada
1990s 45.04 billion current US$ 40.37 billion current US$ 4.67 billion current US$ Canada
2000s 74.81 billion current US$ 79.30 billion current US$ 4.49 billion current US$ Republic of Korea
2010s 112.19 billion current US$ 122.90 billion current US$ 10.71 billion current US$ Republic of Korea
2020s 137.40 billion current US$ 140.44 billion current US$ 3.05 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, Canada or Republic of Korea?
Canada, at 144.88 billion current US$ against 130.66 billion current US$ in Republic of Korea as of 2025.
What is the difference in taxes less subsidies on products between Canada and Republic of Korea?
14.22 billion current US$, with Canada ahead.
How many years of comparable data are there for Canada and Republic of Korea?
56 years are reported by both, from 1970 to 2025.
How do Canada and Republic of Korea rank globally for taxes less subsidies on products?
Canada ranks 11th and Republic of Korea ranks 13th of 197 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Republic of Korea: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 31 August 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us/canada/korea-rep/

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 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 indicator is expressed in United States dollars.