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South Korea Trade volume % GDP 2026: Interactive Chart & Historical Data

Trade volume % GDP in South Korea stood at 71.63% in 2025, according to World Bank. The latest value is up 1.49 percentage points from 70.14% in 2024. Ten years earlier, in 2015, the value was 62.58% (up 9.05 percentage points since). The highest value since 1960 was 82.6% in 2011, the lowest 9.46% in 1960. South Korea ranked 60th highest of the 189 countries in this dataset in 2025; Hong Kong ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
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What is Trade volume % GDP?

Trade volume % GDP, measured in %, measures the total economic output of South Korea. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In South Korea, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Trade volume % GDP in South Korea?

Trade volume % GDP in South Korea stood at 71.63% in 2025, according to World Bank.

Is Trade volume % GDP in South Korea rising or falling?

The latest value is up 1.49 percentage points from 70.14% in 2024. Ten years earlier, in 2015, the value was 62.58% (up 9.05 percentage points since).

How does South Korea rank for Trade volume % GDP?

South Korea ranked 60th highest of the 189 countries in this dataset in 2025; Hong Kong ranked first.

What is the highest Trade volume % GDP on record in South Korea?

The highest value since 1960 was 82.6% in 2011, the lowest 9.46% in 1960.

Metadata for Trade volume % GDP in South Korea
IndicatorTrade volume % GDP
CountrySouth Korea
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 71.63% (2025)

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Source:World Bank — series TG.VAL.TOTL.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Trade volume % GDP — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/trade-volume-percent-gdp/KOR. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS?locations=KR

MLA

World Bank. "Trade volume % GDP — South Korea." EconDash, 2026, https://econdash.org/chart/trade-volume-percent-gdp/KOR. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS?locations=KR.

Chicago

World Bank. 2026. "Trade volume % GDP — South Korea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/trade-volume-percent-gdp/KOR. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS?locations=KR.

BibTeX
@misc{econdash_trade_volume_percent_gdp_kor,
  author = {{World Bank}},
  title = {{Trade volume \% GDP --- South Korea}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/trade-volume-percent-gdp/KOR},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS?locations=KR}
}