Republic of Korea vs Sri Lanka: Tariff rate, applied, simple mean, all products
Tariff rate, applied, simple mean, all products over time
- Republic of Korea
- Sri Lanka
How they compare
Republic of Korea currently reports 5.7% against 5.7% in Sri Lanka, a difference of 0.0%.
The two have swapped places 4 times across 21 shared years of data; in 1990 it was Sri Lanka ahead.
Republic of Korea ranks 96th and Sri Lanka ranks 96th of 184 countries.
Sri Lanka has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Republic of Korea | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.0% | 19.2% | 8.3% | Sri Lanka |
| 2000s | 9.4% | 10.6% | 1.2% | Sri Lanka |
| 2010s | 7.6% | 9.9% | 2.3% | Sri Lanka |
| 2020s | 5.1% | 7.3% | 2.1% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, simple mean, all products, Republic of Korea or Sri Lanka?
- Republic of Korea, at 5.7% against 5.7% in Sri Lanka as of 2022.
- What is the difference in tariff rate, applied, simple mean, all products between Republic of Korea and Sri Lanka?
- 0.0%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Sri Lanka?
- 21 years are reported by both, from 1990 to 2021.
- How do Republic of Korea and Sri Lanka rank globally for tariff rate, applied, simple mean, all products?
- Republic of Korea ranks 96th and Sri Lanka ranks 96th of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, simple mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs.