South Korea (2025)
71.6
% of GDP
+1.5pp YoY
YoY Change
+1.5pp
percentage points
Trend
up
Series length
50
years of data

Data

South Korea Merchandise Trade (% of GDP) (2025) — source data. World Bank.
Year % of GDP YoY Change
2025 71.6 +1.5pp
2024 70.1 +1pp
2023 69.1 -9.5pp
2022 78.6 +13.8pp
2021 64.8 +8.6pp
2020 56.2 -3.5pp
2019 59.7 -2.8pp
2018 62.5 +1pp
2017 61.5 +4.4pp
2016 57.1 -5.5pp
2015 62.6 -8pp
2014 70.6 -4.3pp
2013 74.9 -5pp
2012 79.9 -2.7pp
2011 82.6 +7.9pp
2010 74.7 +4.9pp
2009 69.8 -8.7pp
2008 78.5 +18.8pp
2007 59.7 +1.7pp
2006 58 +1.8pp

About this Dataset

South Korea recorded 71.6 % of GDP in 2025. The latest change was +1.5pp. Across 1976–2025 the series ranges from 40.9 in 1993 to 82.6 in 2011.

This page tracks total merchandise trade (exports plus imports of goods) as a share of GDP in South Korea from 1990 to present. Merchandise trade openness measures the integration of the goods economy into global supply chains.

Data sourced from World Bank via Open Data API. Values use World Bank standardised methodology intended for cross-country comparison.

Frequently Asked Questions

This page tracks total merchandise trade (exports plus imports of goods) as a share of GDP in South Korea from 1990 to present. Merchandise trade openness measures the integration of the goods economy into global supply chains. It is published by World Bank and updated annually.

The most recent observation covers 2025. World Bank typically publishes this series with a lag of several months after the reference period. The series runs 1976–2025 (50 observations).

The series peaked at 82.6 % of GDP in 2011 and reached its lowest recorded value of 40.9 in 1993. The latest reading of 71.6 in 2025 represents a change of +1.5pp.