South Korea vs Panama: Tariff rates
South Korea
5.66
in 2022
Panama
5.93
in 2022
South Korea rank
75th
Panama rank
73rd
Tariff rates over time
- South Korea
- Panama
How they compare
Panama currently reports 5.93 against 5.66 in South Korea, a difference of 0.27.
The two have swapped places 5 times across 21 shared years of data; in 1997 it was South Korea ahead.
South Korea ranks 75th and Panama ranks 73rd of 184 countries.
Across the 4 decades both report, South Korea averaged higher in 3 and Panama in 1.
Head to head by decade
| Decade | South Korea | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.99 | 9.05 | 1.94 | South Korea |
| 2000s | 8.75 | 7.34 | 1.41 | South Korea |
| 2010s | 7.13 | 6.06 | 1.07 | South Korea |
| 2020s | 5.33 | 6.04 | 0.7133 | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tariff rates, South Korea or Panama?
- Panama, at 5.93 against 5.66 in South Korea as of 2022.
- What is the difference in tariff rates between South Korea and Panama?
- 0.27, with Panama ahead.
- How many years of comparable data are there for South Korea and Panama?
- 21 years are reported by both, from 1997 to 2022.
- How do South Korea and Panama rank globally for tariff rates?
- South Korea ranks 75th and Panama ranks 73rd of 184 countries.
- Where does this data come from?
- Our World in Data, published as Tariff rates. Statizoid refreshes it automatically from the source and publishes the full history for both places.