Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Korea
Korea: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 99.26 current LCU per US$ of GDP in 2025. ▲ Rising
Taxes less subsidies on products (current LCU), per unit of GDP in Korea, 1960–2025
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Korea recorded 99.26 current LCU per US$ of GDP for taxes less subsidies on products (current lcu), per unit of gdp in 2025.
Compared with earlier readings it is up 2.0% on the previous year and up 11.4% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Korea peaked at 126.18 current LCU per US$ of GDP in 2001 and was at its lowest, 4.43 current LCU per US$ of GDP, in 1960.
Korea ranks 19th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 66 years of available data.
Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Korea, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 4.43 current LCU per US$ of GDP | — |
| 1961 | 7.42 current LCU per US$ of GDP | +67.4% |
| 1962 | 9.23 current LCU per US$ of GDP | +24.5% |
| 1963 | 7.21 current LCU per US$ of GDP | -21.9% |
| 1964 | 9.12 current LCU per US$ of GDP | +26.4% |
| 1965 | 14.29 current LCU per US$ of GDP | +56.8% |
| 1966 | 17.36 current LCU per US$ of GDP | +21.5% |
| 1967 | 19.49 current LCU per US$ of GDP | +12.3% |
| 1968 | 23.4 current LCU per US$ of GDP | +20.1% |
| 1969 | 24.85 current LCU per US$ of GDP | +6.2% |
| 1970 | 27.03 current LCU per US$ of GDP | +8.8% |
| 1971 | 28.93 current LCU per US$ of GDP | +7.0% |
| 1972 | 28.31 current LCU per US$ of GDP | -2.2% |
| 1973 | 28.93 current LCU per US$ of GDP | +2.2% |
| 1974 | 33.27 current LCU per US$ of GDP | +15.0% |
| 1975 | 44.07 current LCU per US$ of GDP | +32.4% |
| 1976 | 48.26 current LCU per US$ of GDP | +9.5% |
| 1977 | 49.59 current LCU per US$ of GDP | +2.8% |
| 1978 | 51.55 current LCU per US$ of GDP | +3.9% |
| 1979 | 50.95 current LCU per US$ of GDP | -1.2% |
| 1980 | 64.52 current LCU per US$ of GDP | +26.6% |
| 1981 | 71.31 current LCU per US$ of GDP | +10.5% |
| 1982 | 76.59 current LCU per US$ of GDP | +7.4% |
| 1983 | 86.29 current LCU per US$ of GDP | +12.7% |
| 1984 | 83.19 current LCU per US$ of GDP | -3.6% |
| 1985 | 85.69 current LCU per US$ of GDP | +3.0% |
| 1986 | 84.91 current LCU per US$ of GDP | -0.9% |
| 1987 | 77.7 current LCU per US$ of GDP | -8.5% |
| 1988 | 66.93 current LCU per US$ of GDP | -13.9% |
| 1989 | 58.55 current LCU per US$ of GDP | -12.5% |
| 1990 | 65.82 current LCU per US$ of GDP | +12.4% |
| 1991 | 63.17 current LCU per US$ of GDP | -4.0% |
| 1992 | 68.1 current LCU per US$ of GDP | +7.8% |
| 1993 | 67.97 current LCU per US$ of GDP | -0.2% |
| 1994 | 69.53 current LCU per US$ of GDP | +2.3% |
| 1995 | 66.48 current LCU per US$ of GDP | -4.4% |
| 1996 | 72.42 current LCU per US$ of GDP | +8.9% |
| 1997 | 86.19 current LCU per US$ of GDP | +19.0% |
| 1998 | 111.81 current LCU per US$ of GDP | +29.7% |
| 1999 | 108.2 current LCU per US$ of GDP | -3.2% |
| 2000 | 106.54 current LCU per US$ of GDP | -1.5% |
| 2001 | 126.18 current LCU per US$ of GDP | +18.4% |
| 2002 | 125.23 current LCU per US$ of GDP | -0.8% |
| 2003 | 115.55 current LCU per US$ of GDP | -7.7% |
| 2004 | 101.63 current LCU per US$ of GDP | -12.0% |
| 2005 | 92.13 current LCU per US$ of GDP | -9.3% |
| 2006 | 85.27 current LCU per US$ of GDP | -7.5% |
| 2007 | 81.97 current LCU per US$ of GDP | -3.9% |
| 2008 | 96.86 current LCU per US$ of GDP | +18.2% |
| 2009 | 108.58 current LCU per US$ of GDP | +12.1% |
| 2010 | 100.25 current LCU per US$ of GDP | -7.7% |
| 2011 | 92.34 current LCU per US$ of GDP | -7.9% |
| 2012 | 92.81 current LCU per US$ of GDP | +0.5% |
| 2013 | 86.19 current LCU per US$ of GDP | -7.1% |
| 2014 | 82.42 current LCU per US$ of GDP | -4.4% |
| 2015 | 89.08 current LCU per US$ of GDP | +8.1% |
| 2016 | 93.53 current LCU per US$ of GDP | +5.0% |
| 2017 | 91.49 current LCU per US$ of GDP | -2.2% |
| 2018 | 88.44 current LCU per US$ of GDP | -3.3% |
| 2019 | 92.18 current LCU per US$ of GDP | +4.2% |
| 2020 | 96.15 current LCU per US$ of GDP | +4.3% |
| 2021 | 94.74 current LCU per US$ of GDP | -1.5% |
| 2022 | 102.91 current LCU per US$ of GDP | +8.6% |
| 2023 | 93.28 current LCU per US$ of GDP | -9.4% |
| 2024 | 97.33 current LCU per US$ of GDP | +4.3% |
| 2025 | 99.26 current LCU per US$ of GDP | +2.0% |
Korea compared with similar countries
- Korea's 99.26 current LCU per US$ of GDP is above the median for high income countries, which is 0.1155 current LCU per US$ of GDP, 859.7× the median. (74 countries reporting)
- Korea's 99.26 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 0.2038 current LCU per US$ of GDP, 487.1× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU), per unit of GDP (unit) in 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 | +67.4% | 4.43 current LCU per US$ of GDP | 7.42 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 13.68 current LCU per US$ of GDP | 4.43 current LCU per US$ of GDP | 24.85 current LCU per US$ of GDP | 10 |
| 1970s | 39.09 current LCU per US$ of GDP | 27.03 current LCU per US$ of GDP | 51.55 current LCU per US$ of GDP | 10 |
| 1980s | 75.57 current LCU per US$ of GDP | 58.55 current LCU per US$ of GDP | 86.29 current LCU per US$ of GDP | 10 |
| 1990s | 77.97 current LCU per US$ of GDP | 63.17 current LCU per US$ of GDP | 111.81 current LCU per US$ of GDP | 10 |
| 2000s | 103.99 current LCU per US$ of GDP | 81.97 current LCU per US$ of GDP | 126.18 current LCU per US$ of GDP | 10 |
| 2010s | 90.87 current LCU per US$ of GDP | 82.42 current LCU per US$ of GDP | 100.25 current LCU per US$ of GDP | 10 |
| 2020s | 97.28 current LCU per US$ of GDP | 93.28 current LCU per US$ of GDP | 102.91 current LCU per US$ of GDP | 6 |
Countries ranked near Korea
- 16 Argentina 191.59 current LCU per US$ of GDP compare
- 17 Malawi 122.56 current LCU per US$ of GDP compare
- 18 Congo, Democratic Republic of the 104.47 current LCU per US$ of GDP compare
- 20 Chile 91.42 current LCU per US$ of GDP compare
- 21 Rwanda 76.06 current LCU per US$ of GDP compare
- 22 Somalia 69.76 current LCU per US$ of GDP compare
More economy & growth data for Korea
- Real gdp growth, annual growth rate -49.75 % change on previous year (2025)
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Korea?
- Taxes less subsidies on products (current lcu), per unit of gdp in Korea was 99.26 current LCU per US$ of GDP in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Korea?
- The highest recorded value was 126.18 current LCU per US$ of GDP in 2001.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Korea?
- The lowest recorded value was 4.43 current LCU per US$ of GDP in 1960.
- How does Korea rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Korea ranks 19th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Korea?
- Over the last ten years it is up 11.4%. The long-run trend across the full record is rising.
- Where does this Korea data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
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
Taxes less subsidies on products (current 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.