IBRD only vs Republic of Korea: Merchandise exports by the reporting economy
IBRD only
8.49 trillion current US$
in 2023
Republic of Korea
632.29 billion current US$
in 2023
IBRD only rank
7th
Republic of Korea rank
8th
Merchandise exports by the reporting economy over time
- IBRD only
- Republic of Korea
How they compare
IBRD only currently reports 8.49 trillion current US$ against 632.29 billion current US$ in Republic of Korea, a difference of 7.85 trillion current US$.
That makes IBRD only's figure about 13.4 times Republic of Korea's.
Across all 64 years both countries report, IBRD only has been ahead every year.
IBRD only ranks 7th and Republic of Korea ranks 8th of 45 groups.
IBRD only has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | IBRD only | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 17.50 billion current US$ | 206.77 million current US$ | 17.30 billion current US$ | IBRD only |
| 1970s | 76.12 billion current US$ | 6.01 billion current US$ | 70.11 billion current US$ | IBRD only |
| 1980s | 245.86 billion current US$ | 33.54 billion current US$ | 212.32 billion current US$ | IBRD only |
| 1990s | 701.60 billion current US$ | 104.77 billion current US$ | 596.84 billion current US$ | IBRD only |
| 2000s | 2.56 trillion current US$ | 267.06 billion current US$ | 2.29 trillion current US$ | IBRD only |
| 2010s | 5.84 trillion current US$ | 537.81 billion current US$ | 5.30 trillion current US$ | IBRD only |
| 2020s | 7.92 trillion current US$ | 618.08 billion current US$ | 7.30 trillion current US$ | IBRD only |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise exports by the reporting economy, IBRD only or Republic of Korea?
- IBRD only, at 8.49 trillion current US$ against 632.29 billion current US$ in Republic of Korea as of 2023.
- What is the difference in merchandise exports by the reporting economy between IBRD only and Republic of Korea?
- 7.85 trillion current US$, with IBRD only ahead.
- How many years of comparable data are there for IBRD only and Republic of Korea?
- 64 years are reported by both, from 1960 to 2023.
- How do IBRD only and Republic of Korea rank globally for merchandise exports by the reporting economy?
- IBRD only ranks 7th and Republic of Korea ranks 8th of 45 groups.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise exports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.