Latvia vs Republic of Korea: Average tariff applied by developed countries, preferential status
Latvia
6.1%
in 2024
Republic of Korea
5.8%
in 2024
Latvia rank
62nd
Republic of Korea rank
65th
Average tariff applied by developed countries, preferential status over time
- Latvia
- Republic of Korea
How they compare
Latvia currently reports 6.1% against 5.8% in Republic of Korea, a difference of 0.3%.
That makes Latvia's figure about 1.1 times Republic of Korea's.
The two have swapped places 2 times across 17 shared years of data; in 2000 it was Latvia ahead.
Latvia ranks 62nd and Republic of Korea ranks 65th of 235 countries.
Across the 3 decades both report, Latvia averaged higher in 2 and Republic of Korea in 1.
Head to head by decade
| Decade | Latvia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 10.3% | 10.6% | 0.3% | Republic of Korea |
| 2010s | 8.2% | 5.4% | 2.7% | Latvia |
| 2020s | 6.7% | 5.9% | 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, Latvia or Republic of Korea?
- Latvia, at 6.1% against 5.8% in Republic of Korea as of 2024.
- What is the difference in average tariff applied by developed countries, preferential status between Latvia and Republic of Korea?
- 0.3%, 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, preferential status?
- Latvia ranks 62nd and Republic of Korea ranks 65th of 235 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.