Trade openness — all countries

Trade openness — South Korea

Trade openness in South Korea in 2025 — 86.36%. Ranked 63 in the world out of 138. Since 1960, the indicator has risen by 71.81 pp.

2025 86.36% +1.72 pp vs 2024
World rank 63of 138
Period maximum 101.68%2011
Period minimum 14.55%1960

Trend over time

1960–2025 · % of GDP

Trade openness — South Korea, 1960–202505010015019601967197419811988199520022009201620231960: 14.55%1962: 19.4%1964: 17.26%1966: 26.47%1968: 32.52%1970: 32.25%1972: 37.54%1974: 54.56%1976: 52.96%1978: 53.25%1980: 64.23%1982: 58.95%1984: 56%1986: 58.42%1988: 56.93%1990: 49.19%1992: 47.21%1994: 47.74%1996: 51.61%1998: 66.33%2000: 64.06%2002: 56.67%2004: 67.93%2006: 68.37%2008: 92.08%2010: 88.03%2012: 101.52%2014: 86.93%2016: 69.9%2018: 74.71%2020: 65.54%2022: 90.59%2024: 84.64%2025: 86.36%
Change over the period: +71.81 pp Annual average: 1.1 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: South Korea

South Korea 86.36%
World 68.49%
Eastern Asia computed 49.45%
Trade openness — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2025 86.36 +1.72 pp
2024 84.64 +2.38 pp
2023 82.26 −8.33 pp
2022 90.59 +15.28 pp
2021 75.31 +9.76 pp
2020 65.54 −5.9 pp
2019 71.45 −3.26 pp
2018 74.71 +1.52 pp
2017 73.19 +3.29 pp
2016 69.9 −5.49 pp
2015 75.39 −11.55 pp
2014 86.93 −7.23 pp
2013 94.17 −7.35 pp
2012 101.52 −0.16 pp
2011 101.68 +13.65 pp
2010 88.03 +4.9 pp
2009 83.12 −8.96 pp
2008 92.08 +20.76 pp
2007 71.32 +2.95 pp
2006 68.37 +2.21 pp
2005 66.17 −1.76 pp
2004 67.93 +8.5 pp
2003 59.42 +2.76 pp
2002 56.67 −3.76 pp
2001 60.43 −3.63 pp
2000 64.06 +6.16 pp
1999 57.89 −8.43 pp
1998 66.33 +10.43 pp
1997 55.89 +4.28 pp
1996 51.61 +0.22 pp
1995 51.4 +3.65 pp
1994 47.74 +2.32 pp
1993 45.42 −1.79 pp
1992 47.21 −1.08 pp
1991 48.29 −0.9 pp
1990 49.19 −2.14 pp
1989 51.33 −5.61 pp
1988 56.93 −4.18 pp
1987 61.11 +2.69 pp
1986 58.42 +7.09 pp
1985 51.33 −4.67 pp
1984 56 −0.61 pp
1983 56.61 −2.34 pp
1982 58.95 −6.78 pp
1981 65.73 +1.5 pp
1980 64.23 +10.71 pp
1979 53.52 +0.27 pp
1978 53.25 +0.28 pp
1977 52.97 +0 pp
1976 52.96 −0.08 pp
1975 53.04 −1.51 pp
1974 54.56 +3.74 pp
1973 50.82 +13.28 pp
1972 37.54 +2.24 pp
1971 35.29 +3.05 pp
1970 32.25 −0.54 pp
1969 32.79 +0.26 pp
1968 32.52 +3.96 pp
1967 28.56 +2.09 pp
1966 26.47 +5.15 pp
1965 21.32 +4.06 pp
1964 17.26 −1.27 pp
1963 18.52 −0.88 pp
1962 19.4 +1.47 pp
1961 17.93 +3.37 pp
1960 14.55

Eastern Asia, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

Source: World Development Indicators (World Bank), license CC BY 4.0.