Trade, S1 - Tariffs in Republic of Korea

Republic of Korea: Trade, S1 - Tariffs was 0.9135 in 2014. β–² Rising

Latest (2014)
0.9135
Change on year
up 8.6%
World rank
45th
of 90 countries
All-time high
0.9135
in 2014
All-time low
0.2498
in 1973
Years of data
42
1973–2014

Trade, S1 - Tariffs in Republic of Korea, 1973–2014

0.20.40.60.811973199320141973: 0.251974: 0.251975: 0.251976: 0.251977: 0.251978: 0.251979: 0.251980: 0.251981: 0.251982: 0.4721983: 0.4721984: 0.4721985: 0.4721986: 0.6671987: 0.6171988: 0.691989: 0.7551990: 0.7841991: 0.7841992: 0.8141993: 0.8141994: 0.8141995: 0.8621996: 0.8381997: 0.8461998: 0.8371999: 0.8592000: 0.8442001: 0.8452002: 0.8412003: 0.8512004: 0.8492005: 0.8572006: 0.8482007: 0.8622008: 0.852009: 0.8392010: 0.8322011: 0.8412012: 0.8452013: 0.8422014: 0.913

Source: International Monetary Fund.

Analysis

The most recent figure for trade, s1 - tariffs in Republic of 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 Republic of Korea peaked at 0.9135 in 2014 and was at its lowest, 0.2498, in 1973.

That places Republic of 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.

Averages by decade

DecadeAverage LowestHighest 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 Republic of Korea

  1. 42 Colombia 0.9142 compare
  2. 43 Romania 0.9138 compare
  3. 44 Bulgaria 0.9138 compare
  4. 46 Malaysia 0.9111 compare
  5. 47 Philippines 0.9041 compare
  6. 48 Jordan 0.9008 compare

See the full ranking of 90 places β†’

More trade data for Republic of Korea

All data for Republic of Korea β†’

Frequently asked questions

What is trade, s1 - tariffs in Republic of Korea?
Trade, s1 - tariffs in Republic of Korea was 0.9135 in 2014, according to International Monetary Fund.
What is the highest trade, s1 - tariffs recorded in Republic of Korea?
The highest recorded value was 0.9135 in 2014.
What is the lowest trade, s1 - tariffs recorded in Republic of Korea?
The lowest recorded value was 0.2498 in 1973.
How does Republic of Korea rank for trade, s1 - tariffs?
Republic of Korea ranks 45th out of 90 countries with data for 2014.
Is trade, s1 - tariffs rising or falling in Republic of Korea?
Over the last ten years it is up 7.6%. The long-run trend across the full record is rising.
Where does this Republic of 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.

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Trade, S1 - Tariffs in Republic of Korea. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://trade.statizoid.com/stat/trade-s1-tariffs/korea-rep/

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About this data

Indicator
Trade, S1 - Tariffs
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 2,910 data points, 1973–2014
Last refreshed

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.