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 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 for 2019 was 75.76%, a 3.23% decline from 2018.
| South Korea Trade to GDP Ratio - Historical Data | ||
|---|---|---|
| Year | Trade (% of GDP) | Annual Change |
| 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% |