PK · AsiaKR · Asia
Pakistan vs South Korea: tax rates compared
Between the two, South Korea's income tax rate (49.5%) tops Pakistan's (35%) by 14.5pp. The 200-country average is 28%: both sit above it. Pakistan's figure is dated 2026-01-19 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
| Tax | PK | KR | Difference |
|---|---|---|---|
| Income Tax | 35% | 49.5% | KR +14.5 pp |
| Corporate Tax | 29% | 26.4% | PK +2.6 pp |
| VAT | 18% | 10% | PK +8 pp |
| Capital Gains Tax | 15% | 0% | PK +15 pplargest gap |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Pakistan | 35% | Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Taxes on personal income) · as of 2026-01-19 |
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −14.5 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Pakistan | 29% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| South Korea | 26.4% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +2.6 pp | Pakistan higher |
Between the two, Pakistan's corporate tax rate (29%) tops South Korea's (26.4%) by 2.6pp. The 201-country average is 22.6%: both sit above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Pakistan | 18% | Source: PWC Worldwide Tax Summaries — Pakistan (Corporate, Other taxes) · as of 2026-01-19 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +8 pp | Pakistan higher |
Between the two, Pakistan's VAT rate (18%) tops South Korea's (10%) by 8pp. The 181-country average is 15%: Pakistan sits above it, South Korea sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Pakistan | 15% | Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Income determination) · as of 2026-01-19 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | +15 pp | Pakistan higher |
Between the two, Pakistan's capital gains tax rate (15%) tops South Korea's (0%) by 15pp. The 175-country average is 10.3%: Pakistan sits above it, South Korea sits below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Pakistan | 0% | Source: PWC Worldwide Tax Summaries — Pakistan (Individual, Other taxes) · as of 2026-01-19 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Pakistan 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.