South Korea vs Latvia: Average tariff applied by developed countries, preferential status
South Korea
5.8%
in 2024
Latvia
6.1%
in 2024
South Korea rank
66th
Latvia rank
63rd
Average tariff applied by developed countries, preferential status over time
- South Korea
- Latvia
How they compare
Latvia currently reports 6.1% against 5.8% in South Korea, a difference of 0.3%.
That makes Latvia's figure about 1.1 times South Korea's.
The two have swapped places 2 times across 17 shared years of data; in 2000 it was Latvia ahead.
South Korea ranks 66th and Latvia ranks 63rd of 236 countries.
Across the 3 decades both report, South Korea averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | South Korea | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.6% | 10.3% | 0.3% | South Korea |
| 2010s | 5.4% | 8.2% | 2.7% | Latvia |
| 2020s | 5.9% | 6.7% | 0.9% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher average tariff applied by developed countries, preferential status, South Korea or Latvia?
- Latvia, at 6.1% against 5.8% in South Korea as of 2024.
- What is the difference in average tariff applied by developed countries, preferential status between South Korea and Latvia?
- 0.3%, with Latvia ahead.
- How many years of comparable data are there for South Korea and Latvia?
- 17 years are reported by both, from 2000 to 2024.
- How do South Korea and Latvia rank globally for average tariff applied by developed countries, preferential status?
- South Korea ranks 66th and Latvia ranks 63rd of 236 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Average tariff applied by developed countries, preferential status, by type of product (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.