RW · Africa ↔ KR · Asia

Rwanda vs South Korea: tax rates compared

Rwanda's corporate tax rate is 1.6pp higher than South Korea's (28% vs 26.4%). The 201-country average is 22.6%: both sit above it.

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

Corporate Tax

0102030405060World avg 22.6%RW 28%KR 26.4%
Corporate Tax, side by side
CountryRateSource
Rwanda28%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+1.6 ppRwanda higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%RW 0%KR 0%
Wealth Tax, side by side
CountryRateSource
Rwanda0%Source: PWC Worldwide Tax Summaries — Rwanda (Individual, Other taxes) · as of 2026-02-18
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Rwanda'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.

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