Korea - Exports of goods and services (annual % growth)

The value for Exports of goods and services (annual % growth) in Korea was -1.84 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 50.87 in 1973 and a minimum value of -3.67 in 1989.

Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 35.46
1962 15.61
1963 14.60
1964 28.97
1965 36.55
1966 42.89
1967 29.99
1968 37.98
1969 36.53
1970 30.70
1971 24.18
1972 42.91
1973 50.87
1974 4.30
1975 21.35
1976 39.13
1977 21.89
1978 16.89
1979 2.99
1980 8.52
1981 13.86
1982 2.05
1983 16.46
1984 12.62
1985 1.29
1986 35.03
1987 24.44
1988 10.68
1989 -3.67
1990 5.09
1991 12.22
1992 12.12
1993 10.06
1994 18.10
1995 22.96
1996 10.19
1997 18.71
1998 14.56
1999 12.27
2000 16.99
2001 -1.80
2002 12.81
2003 13.58
2004 21.00
2005 7.90
2006 12.05
2007 12.60
2008 7.60
2009 -0.46
2010 13.03
2011 15.42
2012 5.79
2013 3.82
2014 2.10
2015 0.23
2016 2.37
2017 2.48
2018 3.98
2019 0.24
2020 -1.84

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts