Merchandise Trade (As % of GDP) in South Korea

Merchandise trade as a share of gdp reached 74.4% in 2023 in South Korea, according to the National Statistical Office. This is 12.0% less than in the previous year.

Historically, merchandise trade as a share of GDP in South Korea reached an all time high of 86.1% in 2011 and an all time low of 9.50% in 1960.

South Korea has been ranked 54th within the group of 170 countries we follow in terms of merchandise trade as a share of GDP.