Barbados vs Korea: Tariff rate, most favored nation, simple mean, all products
Tariff rate, most favored nation, simple mean, all products over time
- Barbados
- Korea
How they compare
Barbados currently reports 13.9% against 13.6% in Korea, a difference of 0.3%.
The two have swapped places 2 times across 16 shared years of data; in 1996 it was Barbados ahead.
Barbados ranks 28th and Korea ranks 30th of 186 countries.
Across the 4 decades both report, Barbados averaged higher in 2 and Korea in 2.
Head to head by decade
| Decade | Barbados | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 23.0% | 11.7% | 11.3% | Barbados |
| 2000s | 14.9% | 12.7% | 2.2% | Barbados |
| 2010s | 11.4% | 12.8% | 1.4% | Korea |
| 2020s | 12.6% | 13.8% | 1.3% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, most favored nation, simple mean, all products, Barbados or Korea?
- Barbados, at 13.9% against 13.6% in Korea as of 2022.
- What is the difference in tariff rate, most favored nation, simple mean, all products between Barbados and Korea?
- 0.3%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Korea?
- 16 years are reported by both, from 1996 to 2022.
- How do Barbados and Korea rank globally for tariff rate, most favored nation, simple mean, all products?
- Barbados ranks 28th and Korea ranks 30th of 186 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, most favored nation, 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 most favored nation tariff rate is the unweighted average of most favored nation 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.