Heavily indebted poor countries (HIPC) vs South Korea: Merchandise imports from low- and middle-income economies in East

Heavily indebted poor countries (HIPC)
22.4%
in 2023
South Korea
32.9%
in 2023
Heavily indebted poor countries (HIPC) rank
30th
South Korea rank
31st

Merchandise imports from low- and middle-income economies in East over time

  • Heavily indebted poor countries (HIPC)
  • South Korea
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How they compare

South Korea currently reports 32.9% against 22.4% in Heavily indebted poor countries (HIPC), a difference of 10.5%.

That makes South Korea's figure about 1.5 times Heavily indebted poor countries (HIPC)'s.

Across all 64 years both countries report, South Korea has been ahead every year.

Heavily indebted poor countries (HIPC) ranks 30th and South Korea ranks 31st of 47 groups.

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

Head to head by decade

Decade Heavily indebted poor countries (HIPC) South Korea Difference Ahead
1960s 1.9% 4.0% 2.1% South Korea
1970s 3.1% 6.1% 3.0% South Korea
1980s 3.4% 6.5% 3.1% South Korea
1990s 4.6% 11.9% 7.3% South Korea
2000s 10.0% 21.6% 11.6% South Korea
2010s 18.1% 27.3% 9.2% South Korea
2020s 21.7% 32.5% 10.8% South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in east, Heavily indebted poor countries (HIPC) or South Korea?
South Korea, at 32.9% against 22.4% in Heavily indebted poor countries (HIPC) as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in east between Heavily indebted poor countries (HIPC) and South Korea?
10.5%, with South Korea ahead.
How many years of comparable data are there for Heavily indebted poor countries (HIPC) and South Korea?
64 years are reported by both, from 1960 to 2023.
How do Heavily indebted poor countries (HIPC) and South Korea rank globally for merchandise imports from low- and middle-income economies in east?
Heavily indebted poor countries (HIPC) ranks 30th and South Korea ranks 31st of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Heavily indebted poor countries (HIPC) vs South Korea: Merchandise imports from low- and middle-income economies in East. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-east-asia-and-pacific-percent/heavily-indebted-poor-countries-hipc/korea-rep/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,103 data points, 1960–2023
Last refreshed

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