Korea vs Low & middle income: Merchandise imports by the reporting economy (current US$), gaps
Merchandise imports by the reporting economy (current US$), gaps over time
- Korea
- Low & middle income
How they compare
Low & middle income currently reports 7.44 trillion current US$ against 640.41 billion current US$ in Korea, a difference of 6.80 trillion current US$.
That makes Low & middle income's figure about 11.6 times Korea's.
Across all 64 years both countries report, Low & middle income has been ahead every year.
Korea ranks 10th and Low & middle income ranks 7th of 206 countries.
Low & middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Korea | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 721.78 million current US$ | 23.12 billion current US$ | 22.40 billion current US$ | Low & middle income |
| 1970s | 7.85 billion current US$ | 100.17 billion current US$ | 92.32 billion current US$ | Low & middle income |
| 1980s | 32.42 billion current US$ | 272.12 billion current US$ | 239.70 billion current US$ | Low & middle income |
| 1990s | 104.75 billion current US$ | 715.22 billion current US$ | 610.47 billion current US$ | Low & middle income |
| 2000s | 254.12 billion current US$ | 2.19 trillion current US$ | 1.93 trillion current US$ | Low & middle income |
| 2010s | 485.56 billion current US$ | 5.22 trillion current US$ | 4.74 trillion current US$ | Low & middle income |
| 2020s | 610.38 billion current US$ | 6.84 trillion current US$ | 6.23 trillion current US$ | Low & middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise imports by the reporting economy (current us$), gaps, Korea or Low & middle income?
- Low & middle income, at 7.44 trillion current US$ against 640.41 billion current US$ in Korea as of 2023.
- What is the difference in merchandise imports by the reporting economy (current us$), gaps between Korea and Low & middle income?
- 6.80 trillion current US$, with Low & middle income ahead.
- How many years of comparable data are there for Korea and Low & middle income?
- 64 years are reported by both, from 1960 to 2023.
- How do Korea and Low & middle income rank globally for merchandise imports by the reporting economy (current us$), gaps?
- Korea ranks 10th and Low & middle income ranks 7th of 206 countries.
- Where does this data come from?
- Statizoid (derived), published as Merchandise imports by the reporting economy (current US$), gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.