Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
3,200 원
Income Tax
- 39.70 원
Local Tax
- 3.97 원
National Pension
- 144 원
National Health Insurance
- 126 원
Employment Insurance
- 28.80 원
Total tax
- 342 원
Net pay
* 2,858 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
2,858 원
Net pay
612 원
Tax the employer pays
342 원
Tax you pay
Total tax paid
954 원
Did you know your employer also pays tax on your salary? It costs the employer 612 원 to pay you 3,200 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.
Summary
If you make 3,200 원 a year living in South Korea, you will be taxed 342 원. That means that your net pay will be 2,858 원 per year, or 238 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 10.68 원, hence, your net pay will only increase by 89.32 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.
Europe
Country 
Net pay
Average tax
Rank
United Kingdom
KRW 3195
0.0%
1
Germany
KRW 3201
0.0%
2
Austria
KRW 3201
0.0%
3
Ireland
KRW 3201
0.0%
4
Sweden
KRW 3200
0.0%
5
Norway
KRW 3200
0.0%
6
Switzerland
KRW 3206
1,202.5%
7
Spain
KRW 3007
6.1%
8
Italy
KRW 2917
8.9%
9
France
KRW 2887
9.8%
10
Czech Republic
KRW 2848
11.0%
11
Luxembourg
KRW 2842
11.2%
12
Russia
KRW 2784
13.0%
13
Hungary
KRW 2608
18.5%
14
Ukraine
KRW 2576
19.5%
15
Poland
KRW 2513
21.5%
16
Greece
KRW 2498
22.0%
17
Netherlands
KRW 2483
22.4%
18
Portugal
KRW 2378
25.7%
19
Finland
KRW 2214
30.8%
20
Belgium
KRW 2169
31.9%
21
Romania
KRW 1852
42.1%
22
Denmark
KRW 0
100.0%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
KRW 3146
1.6%
1
USA
KRW 2914
8.8%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
KRW 3196
0.0%
1
Singapore
KRW 3198
0.0%
2
Hong Kong
KRW 3199
0.0%
3
Thailand
KRW 3040
5.0%
4
Indonesia
KRW 2918
8.8%
5
Taiwan
KRW 2917
8.8%
6
South Korea
KRW 2858
10.7%
7
New Zealand
KRW 2821
11.8%
8
India
KRW 2817
12.0%
9
China
KRW 2779
13.2%
10
Vietnam
KRW 2721
15.0%
11
Malaysia
KRW 2630
17.8%
12
Japan
KRW 2600
18.7%
13
Kazakhstan
KRW 2534
20.8%
14
Philippines
KRW 1310
59.1%
15
Pakistan
KRW 3200
474.4%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
KRW 3124
2.4%
1
Brazil
KRW 2960
7.5%
2
Puerto Rico
KRW 2956
7.5%
3
Colombia
KRW 2944
8.0%
4
Ecuador
KRW 2900
9.3%
5
Guatemala
KRW 2894
9.6%
6
Costa Rica
KRW 2864
10.5%
7
Panama
KRW 2854
11.0%
8
Peru
KRW 2800
12.5%
9
Argentina
KRW 2656
17.0%
10
Chile
KRW 2637
17.6%
11
Uruguay
KRW 2621
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
Kenya
KRW 3200
1,430.9%
1
South Africa
KRW 3168
1.0%
2
Angola
KRW 3104
3.0%
3
Uganda
KRW 3040
5.0%
4
Ghana
KRW 3024
5.5%
5
Zambia
KRW 3008
6.0%
6
Morocco
KRW 2984
6.7%
7
Ivory Coast
KRW 2960
7.5%
8
Cameroon
KRW 2700
15.6%
9
Nigeria
KRW 2665
16.7%
10
Senegal
KRW 868
72.9%
11
Mozambique
KRW 3200
382.3%
12
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Middle East
Country 
Net pay
Average tax
Rank
Egypt
KRW 3200
0.0%
1
Saudi Arabia
KRW 3200
0.0%
2
Qatar
KRW 3040
5.0%
3
United Arab Emirates
KRW 3039
5.0%
4
Lebanon
KRW 2976
7.0%
5
Oman
KRW 2962
8.0%
6
Bahrain
KRW 2950
8.1%
7
Kuwait
KRW 2840
11.4%
8
Israel
KRW 2781
13.1%
9
Turkey
KRW 2696
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.