Income tax calculator South Korea

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
19,197 원
Income Tax
- 238 원
Local Tax
- 23.82 원
National Pension
- 864 원
National Health Insurance
- 753 원
Employment Insurance
- 173 원
Total tax
- 2,052 원
Net pay
* 17,145 원
Marginal tax rate
10.7%
Average tax rate
10.7%
89.3%
Net pay
10.7%
Total tax
Total tax
Net pay
The Taxberg
17,145 원
Net pay
3,671 원
Tax the employer pays
2,052 원
Tax you pay
Total tax paid
5,723 원
Did you know your employer also pays tax on your salary? It costs the employer 3,671 원 to pay you 19,197 원. In other words, every time you spend 10 원 of your hard-earned money, 2.98 원 goes to the government.
Real tax rate
25.0%
So, with you and the employer both paying tax, what used to be a 10.7% tax rate now rises to 25.0%, meaning your real tax rate is actually 14.3% higher than what it seemed at first.
People also ask
19,197 원 yearly is how much per hour?
9.23 원 hourly is how much per year?
Summary
If you make 19,197 원 a year living in South Korea, you will be taxed 2,052 원. That means that your net pay will be 17,145 원 per year, or 1,429 원 per month. Your average tax rate is 10.7% and your marginal tax rate is 10.7%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 원 in your salary will be taxed 10.69 원, hence, your net pay will only increase by 89.31 원.
Bonus Example
A 1,000 원 bonus will generate an extra 893 원 of net incomes. A 5,000 원 bonus will generate an extra 4,466 원 of net incomes.
Compare average tax
Tax per income
19,500 원
20,000 원
20,500 원
21,000 원
21,500 원
22,000 원
22,500 원
23,000 원
23,500 원
24,000 원
24,500 원
25,000 원
25,500 원
26,000 원
26,500 원
27,000 원
27,500 원
28,000 원
28,500 원
29,000 원
North America
Country 
Net pay
Average tax
Rank
Canada
KRW 18886
1.6%
1
USA
KRW 17541
8.7%
2
Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 18741
2.4%
1
Brazil
KRW 17758
7.5%
2
Puerto Rico
KRW 17681
7.9%
3
Colombia
KRW 17661
8.0%
4
Ecuador
KRW 17386
9.5%
5
Guatemala
KRW 17356
9.6%
6
Costa Rica
KRW 17181
10.5%
7
Panama
KRW 17081
11.0%
8
Peru
KRW 16797
12.5%
9
Argentina
KRW 15934
17.0%
10
Chile
KRW 15818
17.6%
11
Uruguay
KRW 15722
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
KRW 19005
1.0%
1
Angola
KRW 18621
3.0%
2
Uganda
KRW 18237
5.0%
3
Ghana
KRW 18141
5.5%
4
Zambia
KRW 18045
6.0%
5
Morocco
KRW 17903
6.7%
6
Ivory Coast
KRW 17757
7.5%
7
Cameroon
KRW 16197
15.6%
8
Nigeria
KRW 15979
16.8%
9
Senegal
KRW 15489
19.3%
10
Mozambique
KRW 4884
74.6%
11
Kenya
KRW 19197
238.5%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 19197
0.0%
1
Saudi Arabia
KRW 19198
0.0%
2
United Arab Emirates
KRW 18240
5.0%
3
Qatar
KRW 18237
5.0%
4
Lebanon
KRW 17853
7.0%
5
Bahrain
KRW 17665
8.0%
6
Oman
KRW 17661
8.0%
7
Kuwait
KRW 17084
11.0%
8
Israel
KRW 16674
13.2%
9
Turkey
KRW 16172
15.8%
10
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NOTE* Withholding is calculated based on the tables of South Korea, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.