Taxes less subsidies on products (current LCU), per unit of GDP in Korea
Korea: Taxes less subsidies on products (current LCU), per unit of GDP was 99.26 current LCU per US$ of GDP in 2025. ▲ Rising
Latest (2025)
99.26 current LCU per US$ of GDP
Change on year
up 2.0%
World rank
19th
of 197 countries
All-time high
126.18 current LCU per US$ of GDP
in 2001
All-time low
4.43 current LCU per US$ of GDP
in 1960
Years of data
66
1960–2025
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 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% |
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
- Total reserves minus gold (current US$), annual growth rate 3.04 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.2253 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 8,163 current US$ per person (2025)
- General government final consumption expenditure (current US$) 0.7703 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1765 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 6,393 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 5.14 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 251.03 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 9.09 million current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.96 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), per unit of gdp in Korea?
- Taxes less subsidies on products (current lcu), per unit of gdp in Korea was 99.26 current LCU per US$ 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.