Palma ratio after tax lis in Republic of Korea
Republic of Korea: Palma ratio after tax lis was 1.27 in 2021. β² Rising
Latest (2021)
1.27
Change on year
down 0.2%
World rank
18th
of 48 countries
All-time high
1.43
in 2016
All-time low
1.07
in 2014
Years of data
11
2006β2021
Palma ratio after tax lis in Republic of Korea, 2006β2021
Source: Our World in Data.
Analysis
Republic of Korea recorded 1.27 for palma ratio after tax lis in 2021.
That represents a change of down 0.2% on the previous year and up 13.9% over ten years.
Over the whole period, palma ratio after tax lis in Republic of Korea peaked at 1.43 in 2016 and was at its lowest, 1.07, in 2014.
That places Republic of Korea 18th out of 48 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.12 | 1.1 | 1.14 | 2 |
| 2010s | 1.26 | 1.07 | 1.43 | 7 |
| 2020s | 1.27 | 1.27 | 1.27 | 2 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0005 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1,965 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1,435 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0007 (2025)
- Gdp worldbank constant usd, annual growth rate 1.01 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 1.03 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 37,470 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2025)
- External balance on goods and services as a percent of gdp 5.16 (2025)
Frequently asked questions
- What is palma ratio after tax lis in Republic of Korea?
- Palma ratio after tax lis in Republic of Korea was 1.27 in 2021, according to Our World in Data.
- What is the highest palma ratio after tax lis recorded in Republic of Korea?
- The highest recorded value was 1.43 in 2016.
- What is the lowest palma ratio after tax lis recorded in Republic of Korea?
- The lowest recorded value was 1.07 in 2014.
- How does Republic of Korea rank for palma ratio after tax lis?
- Republic of Korea ranks 18th out of 48 countries with data for 2021.
- Is palma ratio after tax lis rising or falling in Republic of Korea?
- Over the last ten years it is up 13.9%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Our World in Data, published as part of Palma ratio after tax lis. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 11 observations, free to reuse under CC BY 4.0 (Our World in Data).