CI · AfricaKR · Asia

Ivory Coast vs South Korea: tax rates compared

Between the two, South Korea's income tax rate (49.5%) tops Ivory Coast's (32%) by 17.5pp. The 200-country average is 28%: both sit above it. Ivory Coast's figure is dated 2026-03-11 and South Korea's 2025-01-01, so the two rates come from different data vintages.

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

At a glance

0102030405060Income32%49.5%Corporate25%26.4%VAT10%18%Capital Gains0%17%Wealth Tax0%
five shared taxes, side by side
Tax CI KRDifference
Income Tax32%49.5%KR +17.5 pplargest gap
Corporate Tax25%26.4%KR +1.4 pp
VAT18%10%CI +8 pp
Capital Gains Tax17%0%CI +17 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Ivory Coast32%Source: PWC Worldwide Tax Summaries — Ivory Coast (Côte d'Ivoire) (Individual, Taxes on personal income) · as of 2026-03-11
South Korea49.5%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−17.5 ppSouth Korea higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Ivory Coast25%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

Between the two, South Korea's corporate tax rate (26.4%) tops Ivory Coast's (25%) by 1.4pp. The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Ivory Coast18%Source: PWC Worldwide Tax Summaries — Ivory Coast (Côte d'Ivoire) (Corporate, Other taxes) · as of 2026-03-11
South Korea10%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04
Difference+8 ppIvory Coast higher

Between the two, Ivory Coast's VAT rate (18%) tops South Korea's (10%) by 8pp. The 181-country average is 15%: Ivory Coast sits above it, South Korea sits below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Ivory Coast17%Source: Code Général des Impôts de Côte d'Ivoire (2025 consolidated edition), Articles 180 and 182 · as of 2025-01-01
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02
Difference+17 ppIvory Coast higher

Between the two, Ivory Coast's capital gains tax rate (17%) tops South Korea's (0%) by 17pp. The 175-country average is 10.3%: Ivory Coast sits above it, South Korea sits below it. Ivory Coast's figure is dated 2025-01-01 and South Korea's 2026-07-02, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Ivory Coast0%Source: PWC Worldwide Tax Summaries — Ivory Coast (Cote d'Ivoire) (Individual, Other taxes) · as of 2026-03-11
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 — Ivory Coast 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: Crypto Tax.