Average tariff applied by developed countries, preferential status in South Korea

South Korea: Average tariff applied by developed countries, preferential status was 5.8% in 2024. ▼ Falling

Latest (2024)
5.8%
Change on year
down 1.6%
World rank
66th
of 236 countries
All-time high
11.0%
in 2005
All-time low
3.5%
in 2017
Years of data
17
2000–2024

Average tariff applied by developed countries, preferential status in South Korea, 2000–2024

46810122000201220242000: 10.2 %2005: 11 %2010: 10.6 %2011: 6.2 %2012: 5.5 %2013: 5.2 %2014: 4.9 %2015: 4.5 %2016: 4.1 %2017: 3.5 %2018: 4 %2019: 5.9 %2020: 5.9 %2021: 5.8 %2022: 6.1 %2023: 5.9 %2024: 5.8 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for average tariff applied by developed countries, preferential status in South Korea is 5.8%, measured in 2024.

That represents a change of down 1.6% on the previous year and up 18.0% over ten years.

Over the whole period, average tariff applied by developed countries, preferential status in South Korea peaked at 11.0% in 2005 and was at its lowest, 3.5%, in 2017.

That places South Korea 66th out of 236 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 17 years of available data.

Average tariff applied by developed countries, preferential status in South Korea, year by year

Annual values for Average tariff applied by developed countries, preferential status, by type of product (%) in South Korea, 2000 to 2024.
Year % Change
2000 10.2% —
2005 11.0% +7.8%
2010 10.6% -4.0%
2011 6.2% -41.6%
2012 5.5% -10.8%
2013 5.2% -5.9%
2014 4.9% -6.0%
2015 4.5% -8.3%
2016 4.1% -9.2%
2017 3.5% -13.4%
2018 4.0% +14.8%
2019 5.9% +45.6%
2020 5.9% -0.2%
2021 5.8% -2.1%
2022 6.1% +5.6%
2023 5.9% -3.5%
2024 5.8% -1.6%

South Korea compared with similar countries

  • South Korea's 5.8% is above the median for high income countries, which is 5.3%, 1.1× the median. (75 countries reporting)
  • South Korea's 5.8% is above the median for East Asia & Pacific, which is 4.1%, 1.4× the median. (32 countries reporting)

Biggest year-on-year movements

Years where Average tariff applied by developed countries, preferential status in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2019 +45.6% 4.0% 5.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.6% 10.2% 11.0% 2
2010s 5.4% 3.5% 10.6% 10
2020s 5.9% 5.8% 6.1% 5

Countries ranked near South Korea

  1. 63 Latvia 6.1% compare
  2. 64 Ireland 6.0% compare
  3. 65 United States Virgin Islands 5.8% compare
  4. 66 Republic of Korea 5.8% compare
  5. 68 Slovenia 5.7% compare
  6. 69 South Africa 5.7% compare

See the full ranking of 243 places →

More development goals data for South Korea

All data for South Korea →

Frequently asked questions

What is average tariff applied by developed countries, preferential status in South Korea?
Average tariff applied by developed countries, preferential status in South Korea was 5.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest average tariff applied by developed countries, preferential status recorded in South Korea?
The highest recorded value was 11.0% in 2005.
What is the lowest average tariff applied by developed countries, preferential status recorded in South Korea?
The lowest recorded value was 3.5% in 2017.
How does South Korea rank for average tariff applied by developed countries, preferential status?
South Korea ranks 66th out of 236 countries with data for 2024.
Is average tariff applied by developed countries, preferential status rising or falling in South Korea?
Over the last ten years it is up 18.0%. The long-run trend across the full record is falling.
Where does this South 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, preferential status, by type of product (%). Statizoid updates them automatically from the source API.

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Average tariff applied by developed countries, preferential status in South Korea. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 30 September 2026, from https://development-goals.statizoid.com/stat/average-tariff-applied-by-developed-countries-preferential-status-by-type-of-product/korea-rep/

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About this data

Indicator
Average tariff applied by developed countries, preferential status, by type of product (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
243 places, 4,131 data points, 2000–2024
Last refreshed