{"entity":{"iso2":"KR","iso3":"KOR","name":"Republic of Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tariff-rate-applied-simple-mean-manufactured-products-percent","source":"Staff estimates","source_url":"https://data.worldbank.org/indicator/TM.TAX.MANF.SM.AR.ZS","title":"Tariff rate, applied, simple mean, manufactured products (%)","unit":"%"},"observations":[{"date":"1988-01-01","value":18.81},{"date":"1989-01-01","value":15.08},{"date":"1990-01-01","value":12.87},{"date":"1992-01-01","value":10.92},{"date":"1995-01-01","value":7.81},{"date":"1996-01-01","value":8.17},{"date":"1997-01-01","value":8.14},{"date":"1998-01-01","value":8.5},{"date":"1999-01-01","value":8.14},{"date":"2000-01-01","value":8.05},{"date":"2001-01-01","value":8.0},{"date":"2002-01-01","value":7.85},{"date":"2003-01-01","value":7.65},{"date":"2004-01-01","value":7.28},{"date":"2005-01-01","value":7.25},{"date":"2006-01-01","value":7.33},{"date":"2007-01-01","value":6.49},{"date":"2008-01-01","value":7.31},{"date":"2009-01-01","value":7.27},{"date":"2010-01-01","value":7.31},{"date":"2011-01-01","value":7.41},{"date":"2012-01-01","value":7.22},{"date":"2013-01-01","value":7.17},{"date":"2014-01-01","value":3.05},{"date":"2015-01-01","value":2.67},{"date":"2016-01-01","value":7.29},{"date":"2017-01-01","value":2.42},{"date":"2018-01-01","value":2.38},{"date":"2020-01-01","value":2.39},{"date":"2021-01-01","value":2.14},{"date":"2022-01-01","value":2.4}],"summary":{"latest_period":"2022-01-01","latest_value":2.4,"max":18.81,"mean":7.31516,"min":2.14,"of":184,"rank":134,"trend":"falling"}}