Worldwide weighted tariff-average, most-favoured-nation status, by in Korea

Korea: Worldwide weighted tariff-average, most-favoured-nation status, by was 83.9% in 2024. ▬ Flat

Latest (2024)
83.9%
Change on year
down 0.0%
World rank
2nd
of 161 countries
All-time high
89.1%
in 2021
All-time low
71.6%
in 2017
Years of data
12
2005–2024

Worldwide weighted tariff-average, most-favoured-nation status, by in Korea, 2005–2024

0204060802005201420242005: 86 %2010: 81.9 %2015: 81.2 %2016: 79.7 %2017: 71.6 %2018: 71.6 %2019: 79.5 %2020: 73.6 %2021: 89.1 %2022: 80.9 %2023: 83.9 %2024: 83.9 %

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

Analysis

Korea recorded 83.9% for worldwide weighted tariff-average, most-favoured-nation status, by in 2024.

The figure is up 3.4% over ten years.

Over the whole period, worldwide weighted tariff-average, most-favoured-nation status, by in Korea peaked at 89.1% in 2021 and was at its lowest, 71.6%, in 2017.

That places Korea 2nd out of 161 countries with data for 2024, putting it in the top 10%.

Worldwide weighted tariff-average, most-favoured-nation status, by in Korea, year by year

Annual values for Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%) in Korea, 2005 to 2024.
Year % Change
2005 86.0%
2010 81.9% -4.8%
2015 81.2% -0.9%
2016 79.7% -1.8%
2017 71.6% -10.2%
2018 71.6% +0.0%
2019 79.5% +11.0%
2020 73.6% -7.4%
2021 89.1% +21.0%
2022 80.9% -9.2%
2023 83.9% +3.8%
2024 83.9% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 86.0% 86.0% 86.0% 1
2010s 77.6% 71.6% 81.9% 6
2020s 82.3% 73.6% 89.1% 5

Countries ranked near Korea

  1. 1 Belize 211.5% compare
  2. 2 Republic of Korea 83.9% compare
  3. 4 Thailand 46.0% compare
  4. 5 Türkiye 38.5% compare
  5. 5 Türkiye 38.5% compare

See the full ranking of 198 places →

More development goals data for Korea

All data for Korea →

Frequently asked questions

What is worldwide weighted tariff-average, most-favoured-nation status, by in Korea?
Worldwide weighted tariff-average, most-favoured-nation status, by in Korea was 83.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest worldwide weighted tariff-average, most-favoured-nation status, by recorded in Korea?
The highest recorded value was 89.1% in 2021.
What is the lowest worldwide weighted tariff-average, most-favoured-nation status, by recorded in Korea?
The lowest recorded value was 71.6% in 2017.
How does Korea rank for worldwide weighted tariff-average, most-favoured-nation status, by?
Korea ranks 2nd out of 161 countries with data for 2024.
Is worldwide weighted tariff-average, most-favoured-nation status, by rising or falling in Korea?
Over the last ten years it is up 3.4%. The long-run trend across the full record is flat.
Where does this Korea data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%). Statizoid updates them automatically from the source API.

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Worldwide weighted tariff-average, most-favoured-nation status, by in Korea. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 10 September 2026, from https://development-goals.statizoid.com/stat/worldwide-weighted-tariff-average-most-favoured-nation-status-by-type-of-product-percent/korea-rep/

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About this data

Indicator
Worldwide weighted tariff-average, most-favoured-nation status, by type of product (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
198 places, 2,227 data points, 2005–2024
Last refreshed