Korea - Share of tariff lines with international peaks, all products (%)

Share of tariff lines with international peaks, all products (%) in Korea was 3.46 as of 2020. Its highest value over the past 32 years was 72.80 in 1988, while its lowest value was 3.46 in 2020.

Definition: Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.

See also:

Year Value
1988 72.80
1989 11.53
1990 14.12
1992 4.34
1995 4.34
1996 5.22
1997 4.82
1998 5.43
1999 5.14
2000 5.57
2001 5.41
2002 5.47
2003 5.87
2004 5.58
2005 5.82
2006 5.58
2007 4.70
2008 6.07
2009 6.46
2010 6.63
2011 6.67
2012 6.60
2013 6.47
2014 4.59
2015 4.42
2016 7.02
2017 3.97
2018 3.67
2020 3.46

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs