asiaref › Countries › South Korea

South Korea government reference data

11 series, each cited to the official source it was verified against. Currency KRW.

SeriesCurrentIn force fromOfficial sourceLast verified
Bank of Korea Base Rate 2.75 percent 2026-07-16 Bank of Korea Monetary Policy Board, Monetary Policy Decision of 16… 2026-09-13
Statutory interest (법정이율) 5 percent 1960-01-01 민법 제379조 (Civil Act art. 379): statutory interest 5%/yr; 상법 제54조… 2026-08-10
Value-Added Tax (부가가치세) standard rate 10 percent 1977-07-01 부가가치세법 (Value-Added Tax Act) Article 30 — statutory rate 10%; current… 2026-07-20
VAT registration threshold no single figure 2013-07-01 부가가치세법 (Value-Added Tax Act), Act No. 11873 of 7 June 2013 (wholly… 2026-08-10
National minimum wage (최저임금) 10320 KRW/hour 2026-01-01 고용노동부 고시 제2025-47호 「2026년 적용 최저임금 고시」 (Ministry of Employment and… 2026-07-20
Public holidays (free) 22 days held 2026-01-01 관공서의 공휴일에 관한 규정 (Regulations on Public Holidays of Government… 2026-07-20
Consumer price inflation (소비자물가 상승률) 3.2 percent, year-on-year 2026-06-01 국가데이터처 보도자료 「2026년 6월 소비자물가동향」 (Ministry of Data and Statistics press… 2026-07-20
Corporate income tax (법인세) top rate 25 percent (top marginal bracket, national CIT only) 2026-01-01 법인세법 (Corporate Tax Act) Article 55, as amended by Act No. 21217… 2026-07-20
Withholding tax rates 15.4–22% across 4 withholding taxes — no single rate — National Tax Service (국세청), withholding-tax rate table for… 2026-08-10
Personal income tax (종합소득세) schedule 6–45% across 8 bands 2023-01-01 소득세법 (Income Tax Act) Article 55(1), bracket schedule as amended by… 2026-07-20
Statutory social-insurance contributions 0–9.5% across 7 contribution branches 2026-01-01 국민연금법 art. 88 as amended by the pension reform Act promulgated 20… 2026-08-11

Use it from code

# Free — the full catalogue of what we hold
curl https://asiaref.dev/catalog

# Any series ($0.005 per call, x402 on Base — no key, no signup)
curl https://asiaref.dev/v1/kr/policy-rate

# Provenance: the fingerprint of every source cited above
curl https://asiaref.dev/provenance/kr/policy-rate

What makes this different

Every value above names the official instrument it came from and the date it takes effect, and we record when we last checked it. Where a value could not be verified against its own statute we do not publish an estimate — the series is simply absent. Where a question falls outside what we hold, the API refuses and explains, free of charge, rather than returning a number that looks right.