South Korea vs Mexico: Taxes less subsidies on products

South Korea
130.66 billion current US$
in 2025
Mexico
121.91 billion current US$
in 2025
South Korea rank
13th
Mexico rank
15th

Taxes less subsidies on products over time

  • South Korea
  • Mexico
050.0B100.0B150.0B196019922025

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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South Korea vs Mexico: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us/korea-rep/mexico/

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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.