Korea - Merchandise trade

Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Korea was 87.89 as of 2010. Its highest value over the past 50 years was 92.04 in 2008, while its lowest value was 9.66 in 1960.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1960 9.66
1961 15.15
1962 17.41
1963 16.75
1964 15.54
1965 21.08
1966 25.41
1967 28.00
1968 32.24
1969 32.75
1970 31.69
1971 35.13
1972 38.63
1973 54.49
1974 58.84
1975 56.94
1976 55.79
1977 55.00
1978 54.17
1979 53.99
1980 62.36
1981 66.32
1982 60.49
1983 59.92
1984 64.24
1985 63.57
1986 59.57
1987 63.07
1988 60.02
1989 53.73
1990 51.13
1991 49.77
1992 48.02
1993 45.85
1994 46.85
1995 50.31
1996 50.22
1997 54.38
1998 65.31
1999 59.15
2000 62.38
2001 57.78
2002 54.62
2003 57.89
2004 66.25
2005 64.59
2006 66.70
2007 69.42
2008 92.04
2009 82.32
2010 87.89

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade