South Korea: Growth of exports

(measure: percent; source: The World Bank)

South Korea: Exports of goods and services, annual growth

: For that indicator, The World Bank provides data for South Korea from 1961 to 2015. The average value for South Korea during that period was 16.37 percent with a minumum of -3.97 percent in 1989 and a maximum of 56.03 percent in 1973.
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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.
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