Europe & Central Asia (IDA & IBRD countries) vs South Korea: Merchandise exports to low- and middle-income economies in East Asia

Europe & Central Asia (IDA & IBRD countries)
11.0%
in 2023
South Korea
35.1%
in 2023
Europe & Central Asia (IDA & IBRD countries) rank
35th
South Korea rank
32nd

Merchandise exports to low- and middle-income economies in East Asia over time

  • Europe & Central Asia (IDA & IBRD countries)
  • South Korea
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How they compare

South Korea currently reports 35.1% against 11.0% in Europe & Central Asia (IDA & IBRD countries), a difference of 24.1%.

That makes South Korea's figure about 3.2 times Europe & Central Asia (IDA & IBRD countries)'s.

The two have swapped places 5 times across 63 shared years of data; in 1960 it was Europe & Central Asia (IDA & IBRD countries) ahead.

Europe & Central Asia (IDA & IBRD countries) ranks 35th and South Korea ranks 32nd of 47 groups.

Across the 7 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 2 and South Korea in 5.

Head to head by decade

Decade Europe & Central Asia (IDA & IBRD countries) South Korea Difference Ahead
1960s 4.1% 5.8% 1.7% South Korea
1970s 4.2% 2.7% 1.5% Europe & Central Asia (IDA & IBRD countries)
1980s 4.2% 3.7% 0.5% Europe & Central Asia (IDA & IBRD countries)
1990s 4.4% 14.8% 10.4% South Korea
2000s 4.7% 26.6% 22.0% South Korea
2010s 7.0% 37.8% 30.8% South Korea
2020s 9.2% 39.2% 30.0% South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies in east asia, Europe & Central Asia (IDA & IBRD countries) or South Korea?
South Korea, at 35.1% against 11.0% in Europe & Central Asia (IDA & IBRD countries) as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in east asia between Europe & Central Asia (IDA & IBRD countries) and South Korea?
24.1%, with South Korea ahead.
How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and South Korea?
63 years are reported by both, from 1960 to 2023.
How do Europe & Central Asia (IDA & IBRD countries) and South Korea rank globally for merchandise exports to low- and middle-income economies in east asia?
Europe & Central Asia (IDA & IBRD countries) ranks 35th and South Korea ranks 32nd of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (IDA & IBRD countries) vs South Korea: Merchandise exports to low- and middle-income economies in East Asia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 19 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-east-asia-and-pacific-percent/europe-and-central-asia-ida-and-ibrd-countries/korea-rep/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,319 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.