Dominican Republic vs South Korea: Tariff rate, most favored nation, weighted mean, all products (%)
Tariff rate, most favored nation, weighted mean, all products (%) over time
- Dominican Republic
- South Korea
How they compare
Dominican Republic currently reports 8.8% against 8.7% in South Korea, a difference of 0.1%.
The two have swapped places 5 times across 24 shared years of data; in 1996 it was South Korea ahead.
Dominican Republic ranks 70th and South Korea ranks 72nd of 184 countries.
Across the 4 decades both report, Dominican Republic averaged higher in 1 and South Korea in 3.
Head to head by decade
| Decade | Dominican Republic | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.0% | 12.0% | 3.0% | South Korea |
| 2000s | 9.5% | 8.9% | 0.6% | Dominican Republic |
| 2010s | 7.2% | 8.2% | 1.0% | South Korea |
| 2020s | 8.3% | 9.3% | 1.1% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rate, most favored nation, weighted mean, all products, Dominican Republic or South Korea?
- Dominican Republic, at 8.8% against 8.7% in South Korea as of 2022.
- What is the difference in tariff rate, most favored nation, weighted mean, all products between Dominican Republic and South Korea?
- 0.1%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and South Korea?
- 24 years are reported by both, from 1996 to 2022.
- How do Dominican Republic and South Korea rank globally for tariff rate, most favored nation, weighted mean, all products?
- Dominican Republic ranks 70th and South Korea ranks 72nd of 184 countries.
- Where does this data come from?
- Staff estimates, published as Tariff rate, most favored nation, weighted mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. 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 and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.