{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tariff-rate-applied-simple-mean-all-products-percent","source":"Staff estimates","source_url":"https://data.worldbank.org/indicator/TM.TAX.MRCH.SM.AR.ZS","title":"Tariff rate, applied, simple mean, all products (%)","unit":"%"},"observations":[{"date":"1988-01-01","value":18.83},{"date":"1989-01-01","value":14.89},{"date":"1990-01-01","value":12.98},{"date":"1992-01-01","value":11.18},{"date":"1995-01-01","value":8.27},{"date":"1996-01-01","value":9.83},{"date":"1997-01-01","value":9.72},{"date":"1998-01-01","value":10.25},{"date":"1999-01-01","value":8.54},{"date":"2000-01-01","value":9.84},{"date":"2001-01-01","value":9.91},{"date":"2002-01-01","value":9.58},{"date":"2003-01-01","value":9.49},{"date":"2004-01-01","value":9.12},{"date":"2005-01-01","value":9.12},{"date":"2006-01-01","value":9.2},{"date":"2007-01-01","value":8.36},{"date":"2008-01-01","value":9.76},{"date":"2009-01-01","value":9.97},{"date":"2010-01-01","value":10.12},{"date":"2011-01-01","value":10.36},{"date":"2012-01-01","value":10.18},{"date":"2013-01-01","value":10.33},{"date":"2014-01-01","value":5.98},{"date":"2015-01-01","value":6.05},{"date":"2016-01-01","value":11.12},{"date":"2017-01-01","value":5.36},{"date":"2018-01-01","value":5.23},{"date":"2020-01-01","value":5.29},{"date":"2021-01-01","value":5.0},{"date":"2022-01-01","value":5.73}],"summary":{"latest_period":"2022-01-01","latest_value":5.73,"max":18.83,"mean":9.34161,"min":5.0,"of":184,"rank":96,"trend":"falling"}}