South Korea vs Mexico: Taxes less subsidies on products
Taxes less subsidies on products over time
- South Korea
- Mexico
How they compare
South Korea currently reports 130.66 billion current US$ against 121.91 billion current US$ in Mexico, a difference of 8.74 billion current US$.
That makes South Korea's figure about 1.1 times Mexico's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Mexico ahead.
South Korea ranks 13th and Mexico ranks 15th of 197 countries.
Across the 7 decades both report, South Korea averaged higher in 4 and Mexico in 3.
Head to head by decade
| Decade | South Korea | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 295.80 million current US$ | 917.13 million current US$ | 621.32 million current US$ | Mexico |
| 1970s | 2.69 billion current US$ | 4.16 billion current US$ | 1.47 billion current US$ | Mexico |
| 1980s | 12.06 billion current US$ | 14.29 billion current US$ | 2.23 billion current US$ | Mexico |
| 1990s | 40.37 billion current US$ | 23.56 billion current US$ | 16.81 billion current US$ | South Korea |
| 2000s | 79.30 billion current US$ | 36.00 billion current US$ | 43.30 billion current US$ | South Korea |
| 2010s | 122.90 billion current US$ | 57.89 billion current US$ | 65.02 billion current US$ | South Korea |
| 2020s | 140.44 billion current US$ | 94.24 billion current US$ | 46.21 billion current US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes less subsidies on products, South Korea or Mexico?
- South Korea, at 130.66 billion current US$ against 121.91 billion current US$ in Mexico as of 2025.
- What is the difference in taxes less subsidies on products between South Korea and Mexico?
- 8.74 billion current US$, with South Korea ahead.
- How many years of comparable data are there for South Korea and Mexico?
- 66 years are reported by both, from 1960 to 2025.
- How do South Korea and Mexico rank globally for taxes less subsidies on products?
- South Korea ranks 13th and Mexico ranks 15th of 197 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current US$). 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.