
South Korea: Trade openness
* indicates monthly or quarterly data series
South Korea |
Trade openness: exports plus imports as percent of GDP |
---|---|
Latest value | 79.22 |
Reference | 2021 |
Measure | percent |
Source | The World Bank |
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.
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Definition: Exports plus imports as percent of GDP.