SA · AsiaKR · Asia
Saudi Arabia vs South Korea: tax rates compared
South Korea's income tax rate is 49.5pp higher than Saudi Arabia's (49.5% vs 0%). The 200-country average is 28%: Saudi Arabia sits below it, South Korea sits above it. Saudi Arabia's figure is dated 2026-01-14 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
| Tax | SA | KR | Difference |
|---|---|---|---|
| Income Tax | 0% | 49.5% | KR +49.5 pplargest gap |
| Corporate Tax | 20% | 26.4% | KR +6.4 pp |
| VAT | 15% | 10% | SA +5 pp |
| Capital Gains Tax | 0% | 0% | match |
| Crypto Tax | 0% | 0% | match |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Taxes on personal income) · as of 2026-01-14 |
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −49.5 pp | South Korea higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Saudi Arabia | 20% | 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 | −6.4 pp | South Korea higher |
South Korea's corporate tax rate is 6.4pp higher than Saudi Arabia's (26.4% vs 20%). The 201-country average is 22.6%: Saudi Arabia sits below it, South Korea sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Saudi Arabia | 15% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Corporate, Other taxes) · as of 2020-07-01 |
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Difference | +5 pp | Saudi Arabia higher |
Saudi Arabia's VAT rate is 5pp higher than South Korea's (15% vs 10%). The 181-country average is 15%: Saudi Arabia matches the world average, South Korea sits below it. Saudi Arabia's figure is dated 2020-07-01 and South Korea's 2026-06-04, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Income determination) · as of 2026-01-14 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Difference | 0 pp | displayed rates match |
Saudi Arabia's capital gains tax rate is identical to South Korea's — both sit at 0%. The 175-country average is 10.3%: both sit below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Income determination) · as of 2026-01-14 |
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04 |
| Difference | 0 pp | displayed rates match |
Saudi Arabia's crypto tax rate is identical to South Korea's — both sit at 0%. The 88-country average is 13%: both sit below it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Saudi Arabia | 0% | Source: PWC Worldwide Tax Summaries — Saudi Arabia (Individual, Other taxes) · as of 2026-01-14 |
| 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 |
Saudi Arabia'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.