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Bangladesh vs South Korea: tax rates compared

Bangladesh's corporate tax rate is 1.1pp higher than South Korea's (27.5% vs 26.4%). The 201-country average is 22.6%: both sit above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%BD 27.5%KR 26.4%
Corporate Tax, side by side
CountryRateSource
Bangladesh27.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
South Korea26.4%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+1.1 ppBangladesh higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%BD 0%KR 0%
Wealth Tax, side by side
CountryRateSource
Bangladesh0%Source: PWC Worldwide Tax Summaries — Bangladesh (Individual, Other taxes / Taxes on personal income) · as of 2025-12-18
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Bangladesh's wealth tax rate is identical to South Korea's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Bangladesh's figure is dated 2025-12-18 and South Korea's 2026-07-02, so the two rates come from different data vintages.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.