South Korea: Trade openness

For that indicator, we provide data for South Korea from 1960 to 2021. The average value for South Korea during that period was 57.78 percent with a minimum of 14.6 percent in 1960 and a maximum of 105.57 percent in 2011. The latest value from 2021 is 79.22 percent. For comparison, the world average in 2021 based on 129 countries is 90.03 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Exports plus imports as percent of GDP.