Republic of Korea vs Timor-Leste: Tariff rate, applied, simple mean, manufactured products
Tariff rate, applied, simple mean, manufactured products over time
- Republic of Korea
- Timor-Leste
How they compare
Timor-Leste currently reports 2.5% against 2.4% in Republic of Korea, a difference of 0.1%.
That makes Timor-Leste's figure about 1.1 times Republic of Korea's.
The two have swapped places 1 time across 8 shared years of data; in 2011 it was Republic of Korea ahead.
Republic of Korea ranks 134th and Timor-Leste ranks 131st of 184 countries.
Across the 2 decades both report, Republic of Korea averaged higher in 1 and Timor-Leste in 1.
Head to head by decade
| Decade | Republic of Korea | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.8% | 2.5% | 3.3% | Republic of Korea |
| 2020s | 2.3% | 2.5% | 0.3% | Timor-Leste |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, applied, simple mean, manufactured products, Republic of Korea or Timor-Leste?
- Timor-Leste, at 2.5% against 2.4% in Republic of Korea as of 2021.
- What is the difference in tariff rate, applied, simple mean, manufactured products between Republic of Korea and Timor-Leste?
- 0.1%, with Timor-Leste ahead.
- How many years of comparable data are there for Republic of Korea and Timor-Leste?
- 8 years are reported by both, from 2011 to 2021.
- How do Republic of Korea and Timor-Leste rank globally for tariff rate, applied, simple mean, manufactured products?
- Republic of Korea ranks 134th and Timor-Leste ranks 131st of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, applied, simple mean, manufactured products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.