South Korea Personal Income Tax Rate  Forecast


South Korea Personal Income Tax Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.





Personal Income Tax Rate in South Korea is expected to be 37.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Personal Income Tax Rate is projected to trend around 36.00 percent in 2020, according to our econometric models.


South Korea Taxes Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 22 22 25 25 25 25
Personal Income Tax Rate 38 37 37 37 37 36
Sales Tax Rate 10 10 10 10 10 10
Social Security Rate 16.76 16.76 16.76 16.76 15.53 16.76
Social Security Rate For Companies 8.4 8.4 8.4 8.4 8.25 8.4
Social Security Rate For Employees 8.4 8.4 8.4 8.4 8.36 8.4