TaxGlass

GR · Europe ↔ KR · Asia

Greece vs South Korea: tax rates compared

Between the two, South Korea's income tax rate (49.5%) tops Greece's (44%) by 5.5pp. The 37-country average is 43.2%: both sit above it.

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

Income Tax

0102030405060World avg 43.2%GR 44%KR 49.5%
Income Tax, side by side
CountryRateSource
Greece44%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
South Korea49.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−5.5 ppSouth Korea higher

Corporate Tax

0102030405060World avg 22.6%GR 22%KR 26.4%
Corporate Tax, side by side
CountryRateSource
Greece22%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−4.4 ppSouth Korea higher

Between the two, South Korea's corporate tax rate (26.4%) tops Greece's (22%) by 4.4pp. The 201-country average is 22.6%: Greece sits below it, South Korea sits above it.

VAT

0102030405060World avg 19.5%GR 24%KR 10%
VAT, side by side
CountryRateSource
Greece24%Source: PWC Worldwide Tax Summaries — Greece (Corporate, Other taxes) · as of 2026-02-16
South Korea10%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04
Difference+14 ppGreece higherlargest gap on this page

Between the two, Greece's VAT rate (24%) tops South Korea's (10%) by 14pp. The 37-country average is 19.5%: Greece sits above it, South Korea sits below it.

Wealth Tax

0102030405060World avg 0.1%GR 0%KR 0%
Wealth Tax, side by side
CountryRateSource
Greece0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-16
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

There's no gap here — Greece and South Korea both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

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