South Korea vs Lower middle income: Merchandise exports to low- and middle-income economies in East Asia

South Korea
35.1%
in 2023
Lower middle income
13.5%
in 2023
South Korea rank
32nd
Lower middle income rank
34th

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

  • South Korea
  • Lower middle income
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How they compare

South Korea currently reports 35.1% against 13.5% in Lower middle income, a difference of 21.6%.

That makes South Korea's figure about 2.6 times Lower middle income's.

The two have swapped places 1 time across 63 shared years of data; in 1960 it was Lower middle income ahead.

South Korea ranks 32nd and Lower middle income ranks 34th of 206 countries.

South Korea has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade South Korea Lower middle income Difference Ahead
1960s 5.8% 2.5% 3.3% South Korea
1970s 2.7% 1.8% 0.9% South Korea
1980s 3.7% 1.9% 1.8% South Korea
1990s 14.8% 3.5% 11.3% South Korea
2000s 26.6% 12.2% 14.5% South Korea
2010s 37.8% 14.9% 22.9% South Korea
2020s 39.2% 14.6% 24.6% 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, South Korea or Lower middle income?
South Korea, at 35.1% against 13.5% in Lower middle income as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in east asia between South Korea and Lower middle income?
21.6%, with South Korea ahead.
How many years of comparable data are there for South Korea and Lower middle income?
63 years are reported by both, from 1960 to 2023.
How do South Korea and Lower middle income rank globally for merchandise exports to low- and middle-income economies in east asia?
South Korea ranks 32nd and Lower middle income ranks 34th of 206 countries.
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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South Korea vs Lower middle income: Merchandise exports to low- and middle-income economies in East Asia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-east-asia-and-pacific-percent/korea-rep/lower-middle-income/

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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.