Personal income tax (PIT) and social security contributions (SSC) in Korea
Korea: Personal income tax (PIT) and social security contributions (SSC) was 31.15 Percentage of labour costs in 2025. ▲ Rising
Latest (2025)
31.15 Percentage of labour costs
Change on year
down 0.1%
Rank
2nd
of 2 groups
All-time high
31.18 Percentage of labour costs
in 2024
All-time low
19.22 Percentage of labour costs
in 2002
Years of data
26
2000–2025
Personal income tax (PIT) and social security contributions (SSC) in Korea, 2000–2025
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of labour costs.
Analysis
The most recent figure for personal income tax (pit) and social security contributions (ssc) in Korea is 31.15 Percentage of labour costs, measured in 2025.
Compared with earlier readings it is down 0.1% on the previous year and up 6.6% over ten years.
Over the whole period, personal income tax (pit) and social security contributions (ssc) in Korea peaked at 31.18 Percentage of labour costs in 2024 and was at its lowest, 19.22 Percentage of labour costs, in 2002.
The long-run direction has been consistently rising across the 26 years of available data.
Personal income tax (PIT) and social security contributions (SSC) in Korea, year by year
| Year | Percentage of labour costs | Change |
|---|---|---|
| 2000 | 20.34 Percentage of labour costs | — |
| 2001 | 20.28 Percentage of labour costs | -0.3% |
| 2002 | 19.22 Percentage of labour costs | -5.2% |
| 2003 | 24.21 Percentage of labour costs | +26.0% |
| 2004 | 24.49 Percentage of labour costs | +1.2% |
| 2005 | 24.43 Percentage of labour costs | -0.3% |
| 2006 | 29.66 Percentage of labour costs | +21.4% |
| 2007 | 30 Percentage of labour costs | +1.1% |
| 2008 | 29.87 Percentage of labour costs | -0.4% |
| 2009 | 28.97 Percentage of labour costs | -3.0% |
| 2010 | 28.4 Percentage of labour costs | -2.0% |
| 2011 | 28.75 Percentage of labour costs | +1.2% |
| 2012 | 28.87 Percentage of labour costs | +0.4% |
| 2013 | 29.04 Percentage of labour costs | +0.6% |
| 2014 | 29.16 Percentage of labour costs | +0.4% |
| 2015 | 29.22 Percentage of labour costs | +0.2% |
| 2016 | 29.26 Percentage of labour costs | +0.1% |
| 2017 | 29.26 Percentage of labour costs | +0.0% |
| 2018 | 28.55 Percentage of labour costs | -2.4% |
| 2019 | 30.31 Percentage of labour costs | +6.2% |
| 2020 | 30.65 Percentage of labour costs | +1.1% |
| 2021 | 30.84 Percentage of labour costs | +0.6% |
| 2022 | 31.01 Percentage of labour costs | +0.6% |
| 2023 | 31.15 Percentage of labour costs | +0.5% |
| 2024 | 31.18 Percentage of labour costs | +0.1% |
| 2025 | 31.15 Percentage of labour costs | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.15 Percentage of labour costs | 19.22 Percentage of labour costs | 30 Percentage of labour costs | 10 |
| 2010s | 29.08 Percentage of labour costs | 28.4 Percentage of labour costs | 30.31 Percentage of labour costs | 10 |
| 2020s | 31 Percentage of labour costs | 30.65 Percentage of labour costs | 31.18 Percentage of labour costs | 6 |
Countries ranked near Korea
- 1 Italy 72.77 Percentage of labour costs compare
- 1 Netherlands 53.03 Percentage of labour costs compare
- 2 Belgium 64.99 Percentage of labour costs compare
- 2 Slovenia 50.88 Percentage of labour costs compare
- 3 Austria 58.25 Percentage of labour costs compare
- 3 Lithuania 50.19 Percentage of labour costs compare
- 4 France 58.18 Percentage of labour costs compare
- 4 Türkiye 48.29 Percentage of labour costs compare
- 5 Latvia 46.05 Percentage of labour costs compare
- 5 Luxembourg 57.37 Percentage of labour costs compare
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is personal income tax (pit) and social security contributions (ssc) in Korea?
- Personal income tax (pit) and social security contributions (ssc) in Korea was 31.15 Percentage of labour costs in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest personal income tax (pit) and social security contributions (ssc) recorded in Korea?
- The highest recorded value was 31.18 Percentage of labour costs in 2024.
- What is the lowest personal income tax (pit) and social security contributions (ssc) recorded in Korea?
- The lowest recorded value was 19.22 Percentage of labour costs in 2002.
- How does Korea rank for personal income tax (pit) and social security contributions (ssc)?
- Korea ranks 2nd out of 2 groups with data for 2025.
- Is personal income tax (pit) and social security contributions (ssc) rising or falling in Korea?
- Over the last ten years it is up 6.6%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Personal income tax (PIT) and social security contributions (SSC) - marginal rates on gross wage earnings — Tax wedge. Statizoid updates them automatically from the source API.
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About this data
Marginal personal income tax (PIT) and social security contribution (SSC) rates for a single person without dependent, at various multiples (67%, 100%, 133%, 167%) of the AW/APW. Related topics: Taxing Wages, Labour taxation, Tax wedge decomposition, Average wage, Income, Household