Korea - Imports of goods and services (current LCU)
The value for Imports of goods and services (current LCU) in Korea was 633,488,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 739,703,000,000,000 in 2012 and a minimum value of 29,930,000,000 in 1960.
Definition: Imports of goods and services represent the value of all goods and other market services received from 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. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 29,930,000,000 |
| 1961 | 42,120,000,000 |
| 1962 | 57,060,000,000 |
| 1963 | 75,990,000,000 |
| 1964 | 91,570,000,000 |
| 1965 | 119,140,000,000 |
| 1966 | 194,210,000,000 |
| 1967 | 258,510,000,000 |
| 1968 | 383,190,000,000 |
| 1969 | 496,750,000,000 |
| 1970 | 590,700,000,000 |
| 1971 | 791,200,000,000 |
| 1972 | 915,100,000,000 |
| 1973 | 1,528,500,000,000 |
| 1974 | 2,632,400,000,000 |
| 1975 | 3,303,200,000,000 |
| 1976 | 4,102,900,000,000 |
| 1977 | 5,187,300,000,000 |
| 1978 | 7,350,600,000,000 |
| 1979 | 10,009,000,000,000 |
| 1980 | 14,734,700,000,000 |
| 1981 | 18,472,900,000,000 |
| 1982 | 18,825,000,000,000 |
| 1983 | 20,442,100,000,000 |
| 1984 | 22,370,100,000,000 |
| 1985 | 22,724,600,000,000 |
| 1986 | 28,979,500,000,000 |
| 1987 | 34,300,400,000,000 |
| 1988 | 38,271,600,000,000 |
| 1989 | 42,370,800,000,000 |
| 1990 | 51,655,200,000,000 |
| 1991 | 63,162,700,000,000 |
| 1992 | 68,516,600,000,000 |
| 1993 | 73,267,700,000,000 |
| 1994 | 91,615,300,000,000 |
| 1995 | 116,850,000,000,000 |
| 1996 | 136,712,000,000,000 |
| 1997 | 158,143,000,000,000 |
| 1998 | 155,582,000,000,000 |
| 1999 | 160,709,000,000,000 |
| 2000 | 209,540,000,000,000 |
| 2001 | 215,189,000,000,000 |
| 2002 | 224,281,000,000,000 |
| 2003 | 249,340,000,000,000 |
| 2004 | 302,159,000,000,000 |
| 2005 | 316,357,000,000,000 |
| 2006 | 352,217,000,000,000 |
| 2007 | 397,534,000,000,000 |
| 2008 | 552,575,000,000,000 |
| 2009 | 493,569,000,000,000 |
| 2010 | 585,862,000,000,000 |
| 2011 | 725,422,000,000,000 |
| 2012 | 739,703,000,000,000 |
| 2013 | 700,283,000,000,000 |
| 2014 | 668,668,000,000,000 |
| 2015 | 599,257,000,000,000 |
| 2016 | 582,659,000,000,000 |
| 2017 | 664,279,000,000,000 |
| 2018 | 707,562,000,000,000 |
| 2019 | 702,082,000,000,000 |
| 2020 | 633,488,000,000,000 |
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
