Korea vs Least developed countries: Merchandise exports to low- and middle-income economies in Latin

Korea
3.3%
in 2023
Least developed countries
0.7%
in 2023
Korea rank
45th
Least developed countries rank
45th

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

  • Korea
  • Least developed countries
0246196019912023

How they compare

Korea currently reports 3.3% against 0.7% in Least developed countries, a difference of 2.6%.

That makes Korea's figure about 5.1 times Least developed countries's.

The two have swapped places 4 times across 58 shared years of data; in 1965 it was Korea ahead.

Korea ranks 45th and Least developed countries ranks 45th of 203 countries.

Across the 7 decades both report, Korea averaged higher in 4 and Least developed countries in 3.

Head to head by decade

Decade Korea Least developed countries Difference Ahead
1960s 0.1% 0.2% 0.2% Least developed countries
1970s 0.4% 0.7% 0.4% Least developed countries
1980s 1.1% 1.5% 0.5% Least developed countries
1990s 3.2% 1.4% 1.8% Korea
2000s 3.7% 0.8% 2.9% Korea
2010s 4.3% 0.7% 3.6% Korea
2020s 3.2% 0.5% 2.6% 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 latin, Korea or Least developed countries?
Korea, at 3.3% against 0.7% in Least developed countries as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in latin between Korea and Least developed countries?
2.6%, with Korea ahead.
How many years of comparable data are there for Korea and Least developed countries?
58 years are reported by both, from 1965 to 2023.
How do Korea and Least developed countries rank globally for merchandise exports to low- and middle-income economies in latin?
Korea ranks 45th and Least developed countries ranks 45th of 203 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Least developed countries: Merchandise exports to low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/korea-rep/least-developed-countries-un-classification/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% 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
250 places, 11,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.