How does South Korea rank for taxes less subsidies on products (constant lcu), per unit of gdp?

South Korea ranks 14th out of 189 countries with data for 2025.

Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in South Korea?

Over the last ten years it is down 10.0%. The long-run trend across the full record is volatile.

Taxes less subsidies on products (constant LCU), per unit of GDP in South Korea

Name: Taxes less subsidies on products (constant LCU), per unit of GDP in South Korea
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

South Korea: Taxes less subsidies on products (constant LCU), per unit of GDP was 88.75 constant LCU per US$ of GDP in 2025. ◆ Volatile

Latest (2025)

88.75 constant LCU per US$ of GDP

Change on year

down 1.0%

World rank

14th

of 189 countries

All-time high

744.1 constant LCU per US$ of GDP

in 1965

All-time low

88.75 constant LCU per US$ of GDP

in 2025

Years of data

1960–2025

Taxes less subsidies on products (constant LCU), per unit of GDP in South Korea, 1960–2025

Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.

Analysis

The most recent figure for taxes less subsidies on products (constant lcu), per unit of gdp in South Korea is 88.75 constant LCU per US$ of GDP, measured in 2025. That is the lowest value across all 66 years on record.

That represents a change of down 1.0% on the previous year and down 10.0% over ten years.

Over the whole period, taxes less subsidies on products (constant lcu), per unit of gdp in South Korea peaked at 744.1 constant LCU per US$ of GDP in 1965 and was at its lowest, 88.75 constant LCU per US$ of GDP, in 2025.

South Korea ranks 14th of 189 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes less subsidies on products (constant LCU), per unit of GDP in South Korea, year by year

Annual values for Taxes less subsidies on products (constant LCU), per unit of GDP in South Korea, 1960 to 2025.
Year	constant LCU per US$ of GDP	Change
1960	406.71 constant LCU per US$ of GDP	—
1961	666.27 constant LCU per US$ of GDP	+63.8%
1962	624.92 constant LCU per US$ of GDP	-6.2%
1963	484.04 constant LCU per US$ of GDP	-22.5%
1964	590.46 constant LCU per US$ of GDP	+22.0%
1965	744.1 constant LCU per US$ of GDP	+26.0%
1966	673.66 constant LCU per US$ of GDP	-9.5%
1967	636.23 constant LCU per US$ of GDP	-5.6%
1968	609.75 constant LCU per US$ of GDP	-4.2%
1969	567.88 constant LCU per US$ of GDP	-6.9%
1970	564.04 constant LCU per US$ of GDP	-0.7%
1971	574.34 constant LCU per US$ of GDP	+1.8%
1972	552.25 constant LCU per US$ of GDP	-3.8%
1973	523.59 constant LCU per US$ of GDP	-5.2%
1974	420.27 constant LCU per US$ of GDP	-19.7%
1975	392.57 constant LCU per US$ of GDP	-6.6%
1976	358.02 constant LCU per US$ of GDP	-8.8%
1977	352.31 constant LCU per US$ of GDP	-1.6%
1978	308.33 constant LCU per US$ of GDP	-12.5%
1979	255.85 constant LCU per US$ of GDP	-17.0%
1980	248.21 constant LCU per US$ of GDP	-3.0%
1981	233.78 constant LCU per US$ of GDP	-5.8%
1982	238.53 constant LCU per US$ of GDP	+2.0%
1983	252 constant LCU per US$ of GDP	+5.6%
1984	252.72 constant LCU per US$ of GDP	+0.3%
1985	259.27 constant LCU per US$ of GDP	+2.6%
1986	249.96 constant LCU per US$ of GDP	-3.6%
1987	231.38 constant LCU per US$ of GDP	-7.4%
1988	191.89 constant LCU per US$ of GDP	-17.1%
1989	167.19 constant LCU per US$ of GDP	-12.9%
1990	164.42 constant LCU per US$ of GDP	-1.7%
1991	153.48 constant LCU per US$ of GDP	-6.6%
1992	147.19 constant LCU per US$ of GDP	-4.1%
1993	138.38 constant LCU per US$ of GDP	-6.0%
1994	130.89 constant LCU per US$ of GDP	-5.4%
1995	117.55 constant LCU per US$ of GDP	-10.2%
1996	118.44 constant LCU per US$ of GDP	+0.8%
1997	133.71 constant LCU per US$ of GDP	+12.9%
1998	180.24 constant LCU per US$ of GDP	+34.8%
1999	161.95 constant LCU per US$ of GDP	-10.1%
2000	154.27 constant LCU per US$ of GDP	-4.7%
2001	171.34 constant LCU per US$ of GDP	+11.1%
2002	157.71 constant LCU per US$ of GDP	-8.0%
2003	143.47 constant LCU per US$ of GDP	-9.0%
2004	132.63 constant LCU per US$ of GDP	-7.6%
2005	117.22 constant LCU per US$ of GDP	-11.6%
2006	108.72 constant LCU per US$ of GDP	-7.3%
2007	99.8 constant LCU per US$ of GDP	-8.2%
2008	110.97 constant LCU per US$ of GDP	+11.2%
2009	123.56 constant LCU per US$ of GDP	+11.3%
2010	109.45 constant LCU per US$ of GDP	-11.4%
2011	104.04 constant LCU per US$ of GDP	-4.9%
2012	103.88 constant LCU per US$ of GDP	-0.2%
2013	97.74 constant LCU per US$ of GDP	-5.9%
2014	94.04 constant LCU per US$ of GDP	-3.8%
2015	98.64 constant LCU per US$ of GDP	+4.9%
2016	100.35 constant LCU per US$ of GDP	+1.7%
2017	95.12 constant LCU per US$ of GDP	-5.2%
2018	90.27 constant LCU per US$ of GDP	-5.1%
2019	94.68 constant LCU per US$ of GDP	+4.9%
2020	96.15 constant LCU per US$ of GDP	+1.6%
2021	90.73 constant LCU per US$ of GDP	-5.6%
2022	95.66 constant LCU per US$ of GDP	+5.4%
2023	89.97 constant LCU per US$ of GDP	-6.0%
2024	89.61 constant LCU per US$ of GDP	-0.4%
2025	88.75 constant LCU per US$ of GDP	-1.0%

South Korea compared with similar countries

South Korea's 88.75 constant LCU per US$ of GDP is above the median for high income countries, which is 0.0891 constant LCU per US$ of GDP, 995.6× the median. (66 countries reporting)
South Korea's 88.75 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 0.1427 constant LCU per US$ of GDP, 622.1× the median. (24 countries reporting)

Biggest year-on-year movements

Years where Taxes less subsidies on products (constant LCU), per unit of GDP in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

Year	Change	From	To
1961	+63.8%	406.71 constant LCU per US$ of GDP	666.27 constant LCU per US$ of GDP
1998	+34.8%	133.71 constant LCU per US$ of GDP	180.24 constant LCU per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	600.4 constant LCU per US$ of GDP	406.71 constant LCU per US$ of GDP	744.1 constant LCU per US$ of GDP	10
1970s	430.16 constant LCU per US$ of GDP	255.85 constant LCU per US$ of GDP	574.34 constant LCU per US$ of GDP	10
1980s	232.49 constant LCU per US$ of GDP	167.19 constant LCU per US$ of GDP	259.27 constant LCU per US$ of GDP	10
1990s	144.63 constant LCU per US$ of GDP	117.55 constant LCU per US$ of GDP	180.24 constant LCU per US$ of GDP	10
2000s	131.97 constant LCU per US$ of GDP	99.8 constant LCU per US$ of GDP	171.34 constant LCU per US$ of GDP	10
2010s	98.82 constant LCU per US$ of GDP	90.27 constant LCU per US$ of GDP	109.45 constant LCU per US$ of GDP	10
2020s	91.81 constant LCU per US$ of GDP	88.75 constant LCU per US$ of GDP	96.15 constant LCU per US$ of GDP	6

Countries ranked near South Korea

11 Madagascar 141.06 constant LCU per US$ of GDP compare
12 Tanzania 136.38 constant LCU per US$ of GDP compare
13 Uzbekistan 135.41 constant LCU per US$ of GDP compare
15 Burundi 80.76 constant LCU per US$ of GDP compare
16 Rwanda 71.62 constant LCU per US$ of GDP compare
17 Chile 59.32 constant LCU per US$ of GDP compare

See the full ranking of 190 places →

More economy & growth data for South Korea

Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)

All data for South Korea →

Frequently asked questions

What is taxes less subsidies on products (constant lcu), per unit of gdp in South Korea?: Taxes less subsidies on products (constant lcu), per unit of gdp in South Korea was 88.75 constant LCU per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (constant lcu), per unit of gdp recorded in South Korea?: The highest recorded value was 744.1 constant LCU per US$ of GDP in 1965.
What is the lowest taxes less subsidies on products (constant lcu), per unit of gdp recorded in South Korea?: The lowest recorded value was 88.75 constant LCU per US$ of GDP in 2025.
How does South Korea rank for taxes less subsidies on products (constant lcu), per unit of gdp?: South Korea ranks 14th out of 189 countries with data for 2025.
Is taxes less subsidies on products (constant lcu), per unit of gdp rising or falling in South Korea?: Over the last ten years it is down 10.0%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?: The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (constant LCU), per unit of GDP in South Korea. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/korea-rep/

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How this figure is calculated

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Taxes less subsidies on products (constant LCU) ÷ GDP (current US$)

Computed from

Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: Taxes less subsidies on products (constant LCU), per unit of GDP
Unit: constant LCU per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 190 places, 7,344 data points, 1960–2025
Last refreshed: 17 September 2026

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.