Proportion tariff lines applied to imports from ldcs in South Korea
South Korea: Proportion tariff lines applied to imports from ldcs was 59.46 in 2023. ▲ Rising
Proportion tariff lines applied to imports from ldcs in South Korea, 2005–2023
Source: Our World in Data.
Analysis
In 2023, proportion tariff lines applied to imports from ldcs in South Korea stood at 59.46.
That represents a change of down 0.2% on the previous year and up 35.7% over ten years.
Over the whole period, proportion tariff lines applied to imports from ldcs in South Korea peaked at 59.58 in 2022 and was at its lowest, 28.87, in 2005.
That places South Korea 142nd out of 228 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 28.87 | 28.87 | 28.87 | 1 |
| 2010s | 46.22 | 33.82 | 53.18 | 6 |
| 2020s | 58.3 | 55.86 | 59.58 | 4 |
Countries ranked near South Korea
- 139 Algeria 60.41 compare
- 140 Netherlands 59.83 compare
- 141 Afghanistan 59.48 compare
- 143 Germany 59.42 compare
- 144 Libya 59.34 compare
- 145 French Southern Territories 58.85 compare
More economy & growth data for South Korea
- External balance on goods and services as a percent of gdp 5.16 (2025)
- Inflation of consumer prices 2.12 (2025)
- Gdp per capita worldbank constant usd 37,470 (2025)
- Manufacturing value added to gdp 27.43 (2025)
- Gdp worldbank constant usd 1.94 trillion (2025)
- Gdp per capita in international and market dollars 37,470 (2025)
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
Frequently asked questions
- What is proportion tariff lines applied to imports from ldcs in South Korea?
- Proportion tariff lines applied to imports from ldcs in South Korea was 59.46 in 2023, according to Our World in Data.
- What is the highest proportion tariff lines applied to imports from ldcs recorded in South Korea?
- The highest recorded value was 59.58 in 2022.
- What is the lowest proportion tariff lines applied to imports from ldcs recorded in South Korea?
- The lowest recorded value was 28.87 in 2005.
- How does South Korea rank for proportion tariff lines applied to imports from ldcs?
- South Korea ranks 142nd out of 228 countries with data for 2023.
- Is proportion tariff lines applied to imports from ldcs rising or falling in South Korea?
- Over the last ten years it is up 35.7%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Our World in Data, published as part of Proportion tariff lines applied to imports from ldcs. Statizoid updates them automatically from the source API.
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