KR · AsiaSE · Europe
South Korea vs Sweden: tax rates compared
Between the two, Sweden's income tax rate (52.4%) tops South Korea's (49.5%) by 2.9pp. The 200-country average is 28%: both sit above it.
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 | KR | SE | Difference |
|---|---|---|---|
| Income Tax | 49.5% | 52.4% | SE +2.9 pp |
| Corporate Tax | 26.4% | 20.6% | KR +5.8 pp |
| VAT | 10% | 25% | SE +15 pp |
| Capital Gains Tax | 0% | 30% | SE +30 pplargest gap |
| Crypto Tax | 0% | 30% | SE +30 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 49.5% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Sweden | 52.4% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −2.9 pp | Sweden higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 26.4% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Sweden | 20.6% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +5.8 pp | South Korea higher |
Between the two, South Korea's corporate tax rate (26.4%) tops Sweden's (20.6%) by 5.8pp. The 201-country average is 22.6%: South Korea sits above it, Sweden sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| South Korea | 10% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Other taxes) · as of 2026-06-04 |
| Sweden | 25% | Source: PWC Worldwide Tax Summaries — Sweden (Corporate, Other taxes) · as of 2025-12-17 |
| Difference | −15 pp | Sweden higher |
Between the two, Sweden's VAT rate (25%) tops South Korea's (10%) by 15pp. The 181-country average is 15%: South Korea sits below it, Sweden sits above it. South Korea's figure is dated 2026-06-04 and Sweden's 2025-12-17, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Income determination) · as of 2026-07-02 |
| Sweden | 30% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Income determination) · as of 2026-02-09 |
| Difference | −30 pp | Sweden higher |
Between the two, Sweden's capital gains tax rate (30%) tops South Korea's (0%) by 30pp. The 175-country average is 10.3%: South Korea sits below it, Sweden sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Corporate, Income determination — Income from virtual assets) · as of 2026-06-04 |
| Sweden | 30% | Source: Skatteverket — Kryptovalutor · as of 2026-06-24 |
| Difference | −30 pp | Sweden higher |
Between the two, Sweden's crypto tax rate (30%) tops South Korea's (0%) by 30pp. The 88-country average is 13%: South Korea sits below it, Sweden sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| South Korea | 0% | Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02 |
| Sweden | 0% | Source: PWC Worldwide Tax Summaries — Sweden (Individual, Other taxes) · as of 2026-02-09 |
| Difference | 0 pp | displayed rates match |
There's no gap here — South Korea and Sweden both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.