South Korea: Trade openness

(measure: percent; Source: The World Bank)
* indicates monthly or quarterly data series

South Korea: Trade openness: exports plus imports as percent of GDP, 1960 - 2020:

For that indicator, we provide data for South Korea from 1960 to 2020. The average value for South Korea during that period was 57.46 percent with a minimum of 14.6 percent in 1960 and a maximum of 105.57 percent in 2011. The latest value from 2020 is 70.08 percent. For comparison, the world average in 2020 based on 137 countries is 86.40 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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Definition: Exports plus imports as percent of GDP.
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