Average tariff applied by developed countries, most-favored nation in Republic of Korea
Republic of Korea: Average tariff applied by developed countries, most-favored nation was 12.2% in 2024. ▲ Rising
Average tariff applied by developed countries, most-favored nation in Republic of Korea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for average tariff applied by developed countries, most-favored nation in Republic of Korea is 12.2%, measured in 2024.
That represents a change of down 0.2% on the previous year and up 12.9% over ten years.
Over the whole period, average tariff applied by developed countries, most-favored nation in Republic of Korea peaked at 12.3% in 2022 and was at its lowest, 10.2%, in 2012.
Republic of Korea ranks 36th of 205 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Average tariff applied by developed countries, most-favored nation in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 10.3% | — |
| 2005 | 11.1% | +7.7% |
| 2010 | 10.8% | -2.8% |
| 2011 | 10.8% | +0.2% |
| 2012 | 10.2% | -6.1% |
| 2013 | 10.7% | +5.3% |
| 2014 | 10.8% | +0.5% |
| 2015 | 10.7% | -0.2% |
| 2016 | 10.8% | +0.1% |
| 2017 | 10.2% | -5.1% |
| 2018 | 10.8% | +6.0% |
| 2019 | 11.3% | +4.6% |
| 2020 | 11.3% | -0.1% |
| 2021 | 11.3% | -0.1% |
| 2022 | 12.3% | +9.0% |
| 2023 | 12.2% | -1.1% |
| 2024 | 12.2% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.7% | 10.3% | 11.1% | 2 |
| 2010s | 10.7% | 10.2% | 11.3% | 10 |
| 2020s | 11.9% | 11.3% | 12.3% | 5 |
Countries ranked near Republic of Korea
More development goals data for Republic of Korea
- Red List Index 0.7105 (2025)
- Number of refugees per 100,000 population, by country of origin 0.2284 (2025)
- Manufacturing value added per capita 10,025 (2025)
- Number of transboundary breeds 49 (2025)
- Number of transboundary breeds (not extinct) 49 (2025)
- Number of transboundary breeds with unknown risk status 15 (2025)
- Number of local breeds with unknown risk status 18 (2025)
- Number of local breeds (not extinct) 86 (2025)
- Number of local breeds kept in the country 86 (2025)
- Infant deaths 556 (2024)
Frequently asked questions
- What is average tariff applied by developed countries, most-favored nation in Republic of Korea?
- Average tariff applied by developed countries, most-favored nation in Republic of Korea was 12.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average tariff applied by developed countries, most-favored nation recorded in Republic of Korea?
- The highest recorded value was 12.3% in 2022.
- What is the lowest average tariff applied by developed countries, most-favored nation recorded in Republic of Korea?
- The lowest recorded value was 10.2% in 2012.
- How does Republic of Korea rank for average tariff applied by developed countries, most-favored nation?
- Republic of Korea ranks 36th out of 205 countries with data for 2024.
- Is average tariff applied by developed countries, most-favored nation rising or falling in Republic of Korea?
- Over the last ten years it is up 12.9%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average tariff applied by developed countries, most-favored nation status, by type of product (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).