Korea - Trade (% of GDP)

Trade (% of GDP) in Korea was 69.22 as of 2020. Its highest value over the past 60 years was 105.57 in 2011, while its lowest value was 14.60 in 1960.

Definition: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

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

See also:

Year Value
1960 14.60
1961 18.00
1962 19.47
1963 18.60
1964 17.34
1965 21.46
1966 26.66
1967 28.79
1968 32.78
1969 33.06
1970 32.56
1971 35.69
1972 38.04
1973 51.58
1974 55.53
1975 53.98
1976 53.88
1977 53.93
1978 54.22
1979 54.54
1980 65.53
1981 67.13
1982 60.23
1983 57.91
1984 57.37
1985 52.66
1986 60.11
1987 63.00
1988 58.70
1989 52.91
1990 50.75
1991 49.83
1992 48.76
1993 46.92
1994 48.67
1995 52.46
1996 52.65
1997 57.52
1998 68.50
1999 59.76
2000 66.10
2001 62.22
2002 58.35
2003 61.17
2004 70.02
2005 68.32
2006 70.65
2007 73.87
2008 95.52
2009 86.13
2010 91.40
2011 105.57
2012 105.46
2013 97.95
2014 90.61
2015 79.13
2016 73.60
2017 77.12
2018 78.99
2019 75.76
2020 69.22

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts