Trade, S1 - Tariffs in South Korea
South Korea: Trade, S1 - Tariffs was 0.9135 in 2014. ▲ Rising
Trade, S1 - Tariffs in South Korea, 1973–2014
Source: International Monetary Fund.
Analysis
The most recent figure for trade, s1 - tariffs in South Korea is 0.9135, measured in 2014. That is the highest value across all 42 years on record.
That represents a change of up 8.6% on the previous year and up 7.6% over ten years.
Over the whole period, trade, s1 - tariffs in South Korea peaked at 0.9135 in 2014 and was at its lowest, 0.2498, in 1973.
That places South Korea 45th out of 90 countries with data for 2014, putting it in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Trade, S1 - Tariffs in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 0.2498 | — |
| 1974 | 0.2498 | +0.0% |
| 1975 | 0.2498 | +0.0% |
| 1976 | 0.2498 | +0.0% |
| 1977 | 0.2498 | +0.0% |
| 1978 | 0.2498 | +0.0% |
| 1979 | 0.2498 | +0.0% |
| 1980 | 0.2498 | +0.0% |
| 1981 | 0.2498 | +0.0% |
| 1982 | 0.4716 | +88.8% |
| 1983 | 0.4716 | +0.0% |
| 1984 | 0.4716 | +0.0% |
| 1985 | 0.4716 | +0.0% |
| 1986 | 0.6671 | +41.4% |
| 1987 | 0.6167 | -7.6% |
| 1988 | 0.6898 | +11.9% |
| 1989 | 0.7553 | +9.5% |
| 1990 | 0.7837 | +3.8% |
| 1991 | 0.7837 | +0.0% |
| 1992 | 0.8137 | +3.8% |
| 1993 | 0.8137 | +0.0% |
| 1994 | 0.8137 | +0.0% |
| 1995 | 0.8622 | +6.0% |
| 1996 | 0.8382 | -2.8% |
| 1997 | 0.8462 | +1.0% |
| 1998 | 0.8373 | -1.0% |
| 1999 | 0.8585 | +2.5% |
| 2000 | 0.844 | -1.7% |
| 2001 | 0.845 | +0.1% |
| 2002 | 0.8412 | -0.5% |
| 2003 | 0.8513 | +1.2% |
| 2004 | 0.849 | -0.3% |
| 2005 | 0.8572 | +1.0% |
| 2006 | 0.8478 | -1.1% |
| 2007 | 0.8618 | +1.7% |
| 2008 | 0.8497 | -1.4% |
| 2009 | 0.8392 | -1.2% |
| 2010 | 0.8318 | -0.9% |
| 2011 | 0.8408 | +1.1% |
| 2012 | 0.8445 | +0.4% |
| 2013 | 0.8415 | -0.4% |
| 2014 | 0.9135 | +8.6% |
South Korea compared with similar countries
- South Korea's 0.9135 is below the median for high income countries, which is 0.9637, 95% of the median. (37 countries reporting)
- South Korea's 0.9135 is above the median for East Asia & Pacific, which is 0.9123, 1.0× the median. (12 countries reporting)
Biggest year-on-year movements
Years where Trade, S1 - Tariffs 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.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +88.8% | 0.2498 | 0.4716 |
| 1986 | +41.4% | 0.4716 | 0.6671 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.2498 | 0.2498 | 0.2498 | 7 |
| 1980s | 0.5115 | 0.2498 | 0.7553 | 10 |
| 1990s | 0.8251 | 0.7837 | 0.8622 | 10 |
| 2000s | 0.8486 | 0.8392 | 0.8618 | 10 |
| 2010s | 0.8544 | 0.8318 | 0.9135 | 5 |
Countries ranked near South Korea
More trade data for South Korea
- Commodity Net Export Price Index, Individual Commodities Weighted by 120.92 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.62 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.43 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 83.23 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 96.89 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.9 (2024)
- Imports of low carbon technology products, US dollar (World), per 690.16 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.019 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 57.00 billion (2024)
Frequently asked questions
- What is trade, s1 - tariffs in South Korea?
- Trade, s1 - tariffs in South Korea was 0.9135 in 2014, according to International Monetary Fund.
- What is the highest trade, s1 - tariffs recorded in South Korea?
- The highest recorded value was 0.9135 in 2014.
- What is the lowest trade, s1 - tariffs recorded in South Korea?
- The lowest recorded value was 0.2498 in 1973.
- How does South Korea rank for trade, s1 - tariffs?
- South Korea ranks 45th out of 90 countries with data for 2014.
- Is trade, s1 - tariffs rising or falling in South Korea?
- Over the last ten years it is up 7.6%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Trade, S1 - Tariffs. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.