DJ · AfricaKR · Asia

Djibouti vs South Korea: tax rates compared

South Korea's income tax rate is 19.5pp higher than Djibouti's (49.5% vs 30%). The 200-country average is 28%: both sit above it. Djibouti's figure is dated 2011-01-01 and South Korea's 2025-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income30%49.5%Corporate25%26.4%VAT7%10%
three shared taxes, side by side
Tax DJ KRDifference
Income Tax30%49.5%KR +19.5 pplargest gap
Corporate Tax25%26.4%KR +1.4 pp
VAT7%10%KR +3 pp

Income Tax

Income Tax, side by side
CountryRateSource
Djibouti30%Source: Ministère des Finances (Djibouti) — Code Général des Impôts 2011 (Article 15) · as of 2011-01-01
South Korea49.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−19.5 ppSouth Korea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Djibouti25%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−1.4 ppSouth Korea higher

South Korea's corporate tax rate is 1.4pp higher than Djibouti's (26.4% vs 25%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Djibouti7%Source: Ministère des Finances (Djibouti) — Code Général des Impôts 2011 · as of 2011-01-01
South Korea10%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04
Difference−3 ppSouth Korea higher

South Korea's VAT rate is 3pp higher than Djibouti's (10% vs 7%). The 181-country average is 15%: both sit below it. Djibouti's figure is dated 2011-01-01 and South Korea's 2026-06-04, so the two rates come from different data vintages.

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