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Typical Tax Burden on Residents, Percent of Gross Income - South Korea Compared to Continent

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Japan 14.30%
South Korea 8.40%

 

 

South Korea: Taxes on residents

The percentage of gross earnings given up in tax, including any social security contributions. Calculated for a single worker without children, earning 100 % of the average wage, for selected OECD countries.

Source: OECD Tax Database

 

South Korea has good house price statistics. The Kookmin Bank releases a monthly house price index. Good sources of economics statistics are the Korea National Statistical Office (KNSO) and the Bank of Korea.




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