South Korea Trade to GDP Ratio 1960-2024
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
- South Korea trade to gdp ratio for 2023 was 87.94%, a 8.6% decline from 2022.
- South Korea trade to gdp ratio for 2022 was 96.54%, a 16.34% increase from 2021.
- South Korea trade to gdp ratio for 2021 was 80.20%, a 11.17% increase from 2020.
- South Korea trade to gdp ratio for 2020 was 69.03%, a 6.72% decline from 2019.
| South Korea Trade to GDP Ratio - Historical Data |
| Year |
Trade (% of GDP) |
Annual Change |
| 2023 |
87.94% |
-8.60% |
| 2022 |
96.54% |
16.34% |
| 2021 |
80.20% |
11.17% |
| 2020 |
69.03% |
-6.72% |
| 2019 |
75.76% |
-3.23% |
| 2018 |
78.99% |
1.87% |
| 2017 |
77.12% |
3.52% |
| 2016 |
73.60% |
-5.53% |
| 2015 |
79.13% |
-11.48% |
| 2014 |
90.61% |
-7.34% |
| 2013 |
97.95% |
-7.51% |
| 2012 |
105.46% |
-0.11% |
| 2011 |
105.57% |
14.17% |
| 2010 |
91.40% |
5.27% |
| 2009 |
86.13% |
-9.38% |
| 2008 |
95.52% |
21.64% |
| 2007 |
73.87% |
3.22% |
| 2006 |
70.65% |
2.33% |
| 2005 |
68.32% |
-1.69% |
| 2004 |
70.02% |
8.84% |
| 2003 |
61.17% |
2.82% |
| 2002 |
58.35% |
-3.87% |
| 2001 |
62.22% |
-3.87% |
| 2000 |
66.10% |
6.33% |
| 1999 |
59.76% |
-8.73% |
| 1998 |
68.50% |
10.97% |
| 1997 |
57.52% |
4.87% |
| 1996 |
52.65% |
0.19% |
| 1995 |
52.46% |
3.80% |
| 1994 |
48.67% |
1.75% |
| 1993 |
46.92% |
-1.84% |
| 1992 |
48.76% |
-1.07% |
| 1991 |
49.83% |
-0.93% |
| 1990 |
50.75% |
-2.16% |
| 1989 |
52.91% |
-5.79% |
| 1988 |
58.70% |
-4.30% |
| 1987 |
63.00% |
2.89% |
| 1986 |
60.11% |
7.45% |
| 1985 |
52.66% |
-4.71% |
| 1984 |
57.37% |
-0.54% |
| 1983 |
57.91% |
-2.32% |
| 1982 |
60.23% |
-6.90% |
| 1981 |
67.13% |
1.60% |
| 1980 |
65.53% |
10.99% |
| 1979 |
54.54% |
0.33% |
| 1978 |
54.22% |
0.29% |
| 1977 |
53.93% |
0.05% |
| 1976 |
53.88% |
-0.10% |
| 1975 |
53.98% |
-1.55% |
| 1974 |
55.53% |
3.95% |
| 1973 |
51.58% |
13.54% |
| 1972 |
38.04% |
2.35% |
| 1971 |
35.69% |
3.13% |
| 1970 |
32.56% |
-0.50% |
| 1969 |
33.06% |
0.29% |
| 1968 |
32.78% |
3.99% |
| 1967 |
28.79% |
2.13% |
| 1966 |
26.66% |
5.20% |
| 1965 |
21.46% |
4.11% |
| 1964 |
17.34% |
-1.27% |
| 1963 |
18.61% |
-0.87% |
| 1962 |
19.49% |
1.49% |
| 1961 |
18.00% |
3.39% |
| 1960 |
14.61% |
3.39% |
