Statizoid

Australia vs South Korea: Taxes less subsidies on products

Australia
115.11 billion current US$
in 2025
South Korea
130.66 billion current US$
in 2025
Australia rank
16th
South Korea rank
13th

Taxes less subsidies on products over time

  • Australia
  • South Korea
050.0B100.0B150.0B196019922025

How they compare

South Korea currently reports 130.66 billion current US$ against 115.11 billion current US$ in Australia, a difference of 15.54 billion current US$.

That makes South Korea's figure about 1.1 times Australia's.

The two have swapped places 2 times across 36 shared years of data; in 1990 it was South Korea ahead.

Globally, Australia ranks 16th and South Korea ranks 13th of 198 countries.

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About this data

Indicator
Taxes less subsidies on products (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
198 places, 8,428 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.