Korea - Share of tariff lines with international peaks
Share of tariff lines with international peaks, manufactured products (%)
Share of tariff lines with international peaks, manufactured products (%) in Korea was 0.37 as of 2020. Its highest value over the past 32 years was 76.48 in 1988, while its lowest value was 0.04 in 1995.
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.
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 | 76.48 |
| 1989 | 9.92 |
| 1990 | 12.01 |
| 1992 | 0.51 |
| 1995 | 0.04 |
| 1996 | 0.41 |
| 1997 | 0.38 |
| 1998 | 0.71 |
| 1999 | 0.55 |
| 2000 | 0.80 |
| 2001 | 0.72 |
| 2002 | 0.53 |
| 2003 | 0.83 |
| 2004 | 0.84 |
| 2005 | 0.88 |
| 2006 | 0.80 |
| 2007 | 0.77 |
| 2008 | 0.94 |
| 2009 | 0.84 |
| 2010 | 0.89 |
| 2011 | 0.91 |
| 2012 | 0.86 |
| 2013 | 0.78 |
| 2014 | 0.39 |
| 2015 | 0.40 |
| 2016 | 0.81 |
| 2017 | 0.38 |
| 2018 | 0.38 |
| 2020 | 0.37 |
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 |
Share of tariff lines with international peaks, primary products (%)
Share of tariff lines with international peaks, primary products (%) in Korea was 17.97 as of 2020. Its highest value over the past 32 years was 56.81 in 1988, while its lowest value was 17.97 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
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 | 56.81 |
| 1989 | 19.58 |
| 1990 | 24.59 |
| 1992 | 23.17 |
| 1995 | 25.17 |
| 1996 | 27.47 |
| 1997 | 25.97 |
| 1998 | 29.54 |
| 1999 | 26.96 |
| 2000 | 28.46 |
| 2001 | 27.84 |
| 2002 | 29.29 |
| 2003 | 30.34 |
| 2004 | 28.50 |
| 2005 | 30.19 |
| 2006 | 29.07 |
| 2007 | 25.42 |
| 2008 | 31.59 |
| 2009 | 31.90 |
| 2010 | 32.62 |
| 2011 | 32.85 |
| 2012 | 31.68 |
| 2013 | 31.28 |
| 2014 | 22.58 |
| 2015 | 21.67 |
| 2016 | 33.14 |
| 2017 | 20.97 |
| 2018 | 19.28 |
| 2020 | 17.97 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs
