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Indonesia vs South Korea: tax rates compared

South Korea's income tax rate is 14.5pp higher than Indonesia's (49.5% vs 35%). The 200-country average is 28%: both sit above it. Indonesia's figure is dated 2026-06-11 and South Korea's 2025-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income35%49.5%Corporate22%26.4%VAT10%12%Capital Gains0%0.1%Crypto0%0.2%Wealth Tax0%
six shared taxes, side by side
Tax ID KRDifference
Income Tax35%49.5%KR +14.5 pplargest gap
Corporate Tax22%26.4%KR +4.4 pp
VAT12%10%ID +2 pp
Capital Gains Tax0.1%0%ID +0.1 pp
Crypto Tax0.2%0%ID +0.2 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Indonesia35%Source: PWC Worldwide Tax Summaries — Indonesia (Individual, Taxes on personal income) · as of 2026-06-11
South Korea49.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−14.5 ppSouth Korea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Indonesia22%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

South Korea's corporate tax rate is 4.4pp higher than Indonesia's (26.4% vs 22%). The 201-country average is 22.6%: Indonesia sits below it, South Korea sits above it.

VAT

VAT, side by side
CountryRateSource
Indonesia12%Source: PWC Worldwide Tax Summaries — Indonesia (Corporate, Other taxes) · as of 2026-06-11
South Korea10%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04
Difference+2 ppIndonesia higher

Indonesia's VAT rate is 2pp higher than South Korea's (12% vs 10%). The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Indonesia0.1%Source: PWC Worldwide Tax Summaries — Indonesia (Individual, Other taxes) · as of 2026-06-11
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02
Difference+0.1 ppIndonesia higher

Indonesia's capital gains tax rate is 0.1pp higher than South Korea's (0.1% vs 0%). The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Indonesia0.2%Source: Direktorat Jenderal Pajak (Indonesian Directorate General of Taxes) — PMK 50/2025: Babak Baru Pemajakan Aset Kripto · as of 2025-08-01
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04
Difference+0.2 ppIndonesia higher

Indonesia's crypto tax rate is 0.2pp higher than South Korea's (0.2% vs 0%). The 88-country average is 13%: both sit below it. Indonesia's figure is dated 2025-08-01 and South Korea's 2026-06-04, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Indonesia0%Source: PWC Worldwide Tax Summaries — Indonesia (Individual, Other taxes) · as of 2026-06-11
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Indonesia'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.