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Trade Openness / South Korea
Trade

South Korea Trade Openness

Current and historical trade openness data for South Korea, including latest value (84.64), trend, international ranking, comparison and source notes.
COUNTRY: South Korea
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: live
UPDATED: 2026-06-12 04:00:58
Economy Data Rating
South Korea · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
AA
86 / 100
Very strong stability
Fiscal stability 21.9 / 25
Macroeconomic stability 18.7 / 20
External stability 12.1 / 15
Financial robustness 11.7 / 15
Structural stability 10 / 10
Future capacity 10 / 10
Demographic capacity 2.7 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 90% of weighted inputs available.
Time range: 1960–2024 1960– 2024
1960 2024
Selected year: 2024 · Value: n/a 2024

South Korea · trade in goods and services as a percentage of gdp.

1960–2024
84.64 percent of GDP
82.26 percent of GDP
76.3 percent of GDP
36 selected year
max 8 6 4 2 0
1960 1973 1986 1999 2012 2024
trade openness rate reference line

Countries by trade openness

full ranking
Country Rate Class
Hong Kong 359.51
Luxembourg 351.27
Singapore 322.37
Ireland 246.17
United Arab Emirates 199.04
Vietnam 173.86
Slovakia 171.21
Belgium 158.93

Interpretation

short note

This trade indicator helps assess the openness and external orientation of an economy.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
Japan 46.41
China 37.2
India 44.65
United States 25.38
Germany 79.09

Related indicators

internal links
Exports NE.EXP.GNFS.ZS
Imports NE.IMP.GNFS.ZS
Current Account Balance BN.CAB.XOKA.GD.ZS
GDP Growth NY.GDP.MKTP.KD.ZG
FDI Inflows BX.KLT.DINV.WD.GD.ZS

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: NE.TRD.GNFS.ZS

Cache: live · Updated: 2026-06-12 04:00:58

South Korea Snapshot

country profile
Population 51.75 m
GDP 1875.39 bn
Debt/GDP 48.55%
Inflation 2.32%
Unemployment 2.68%
Currency n/a
Region Asia
Income group High income

South Korea Trade Openness: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Trade Openness for South Korea. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: south korea trade openness rate, trade openness data south korea, south korea trade openness statistics, south korea percent of gdp.