Average tariff applied by developed countries, preferential status in Republic of Korea
Republic of Korea: Average tariff applied by developed countries, preferential status was 5.8% in 2024. ▼ Falling
Average tariff applied by developed countries, preferential status in Republic of Korea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Republic of Korea recorded 5.8% for average tariff applied by developed countries, preferential status in 2024.
The figure is 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 Republic of Korea peaked at 11.0% in 2005 and was at its lowest, 3.5%, in 2017.
Republic of Korea ranks 61st of 205 countries on this measure, 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 Republic of Korea, year by year
| Year | Value | 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% |
Averages by decade
| Decade | Average | Lowest | Highest | 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 Republic of Korea
- 58 Latvia 6.1% compare
- 59 Ireland 6.0% compare
- 60 United States Virgin Islands 5.8% compare
- 62 Slovenia 5.7% compare
- 63 South Africa 5.7% compare
- 64 American Samoa 5.6% compare
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, preferential status in Republic of Korea?
- Average tariff applied by developed countries, preferential status in Republic of 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 Republic of Korea?
- The highest recorded value was 11.0% in 2005.
- What is the lowest average tariff applied by developed countries, preferential status recorded in Republic of Korea?
- The lowest recorded value was 3.5% in 2017.
- How does Republic of Korea rank for average tariff applied by developed countries, preferential status?
- Republic of Korea ranks 61st out of 205 countries with data for 2024.
- Is average tariff applied by developed countries, preferential status rising or falling in Republic of Korea?
- Over the last ten years it is up 18.0%. The long-run trend across the full record is falling.
- 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, preferential 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).