South Korea vs Nicaragua: Taxes on incomes of individuals and corporations as share of GDP
South Korea
9.2%
in 2023
Nicaragua
9.0%
in 2022
South Korea rank
43rd
Nicaragua rank
46th
Taxes on incomes of individuals and corporations as share of GDP over time
- South Korea
- Nicaragua
How they compare
South Korea currently reports 9.2% against 9.0% in Nicaragua, a difference of 0.2%.
Across all 26 years both countries report, South Korea has been ahead every year.
South Korea ranks 43rd and Nicaragua ranks 46th of 184 countries.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | South Korea | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 5.0% | 1.7% | 3.3% | South Korea |
| 2000s | 6.1% | 3.3% | 2.8% | South Korea |
| 2010s | 7.1% | 6.1% | 1.1% | South Korea |
| 2020s | 9.5% | 8.2% | 1.3% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on incomes of individuals and corporations as share of gdp, South Korea or Nicaragua?
- South Korea, at 9.2% against 9.0% in Nicaragua as of 2023.
- What is the difference in taxes on incomes of individuals and corporations as share of gdp between South Korea and Nicaragua?
- 0.2%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Nicaragua?
- 26 years are reported by both, from 1997 to 2022.
- How do South Korea and Nicaragua rank globally for taxes on incomes of individuals and corporations as share of gdp?
- South Korea ranks 43rd and Nicaragua ranks 46th of 184 countries.
- Where does this data come from?
- UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as Taxes on incomes of individuals and corporations as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.