Latvia vs Republic of Korea: Average tariff applied by developed countries, most-favored nation
Latvia
12.2%
in 2024
Republic of Korea
12.2%
in 2024
Latvia rank
36th
Republic of Korea rank
37th
Average tariff applied by developed countries, most-favored nation over time
- Latvia
- Republic of Korea
How they compare
Latvia currently reports 12.2% against 12.2% in Republic of Korea, a difference of 0.0%.
The two have swapped places 2 times across 17 shared years of data; in 2000 it was Latvia ahead.
Latvia ranks 36th and Republic of Korea ranks 37th of 235 countries.
Latvia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latvia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 12.9% | 10.7% | 2.2% | Latvia |
| 2010s | 13.1% | 10.7% | 2.4% | Latvia |
| 2020s | 12.6% | 11.9% | 0.8% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average tariff applied by developed countries, most-favored nation, Latvia or Republic of Korea?
- Latvia, at 12.2% against 12.2% in Republic of Korea as of 2024.
- What is the difference in average tariff applied by developed countries, most-favored nation between Latvia and Republic of Korea?
- 0.0%, with Latvia ahead.
- How many years of comparable data are there for Latvia and Republic of Korea?
- 17 years are reported by both, from 2000 to 2024.
- How do Latvia and Republic of Korea rank globally for average tariff applied by developed countries, most-favored nation?
- Latvia ranks 36th and Republic of Korea ranks 37th of 235 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Average tariff applied by developed countries, most-favored nation status, by type of product (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.