How does Republic of Korea rank for merchandise imports by the reporting economy (current us$), per unit?

Republic of Korea ranks 98th out of 202 countries with data for 2023.

Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Republic of Korea?

Over the last ten years it is down 3.3%. The long-run trend across the full record is rising.

Merchandise imports by the reporting economy (current US$), per unit in Republic of Korea

Name: Merchandise imports by the reporting economy (current US$), per unit in Republic of Korea
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Republic of Korea: Merchandise imports by the reporting economy (current US$), per unit was 0.3471 current US$ per US$ of GDP in 2023. ▲ Rising

Latest (2023)

0.3471 current US$ per US$ of GDP

Change on year

down 13.8%

World rank

98th

of 202 countries

All-time high

0.4029 current US$ per US$ of GDP

in 2022

All-time low

0.0676 current US$ per US$ of GDP

in 1960

Years of data

1960–2023

Merchandise imports by the reporting economy (current US$), per unit in Republic of Korea, 1960–2023

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

In 2023, merchandise imports by the reporting economy (current us$), per unit in Republic of Korea stood at 0.3471 current US$ per US$ of GDP.

The figure is down 13.8% on the previous year and down 3.3% over ten years.

Over the whole period, merchandise imports by the reporting economy (current us$), per unit in Republic of Korea peaked at 0.4029 current US$ per US$ of GDP in 2022 and was at its lowest, 0.0676 current US$ per US$ of GDP, in 1960.

Republic of Korea ranks 98th of 202 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 64 years of available data.

Merchandise imports by the reporting economy (current US$), per unit in Republic of Korea, year by year

Annual values for Merchandise imports by the reporting economy (current US$), per unit of GDP in Republic of Korea, 1960 to 2023.
Year	current US$ per US$ of GDP	Change
1960	0.0676 current US$ per US$ of GDP	—
1961	0.1186 current US$ per US$ of GDP	+75.4%
1962	0.1412 current US$ per US$ of GDP	+19.1%
1963	0.134 current US$ per US$ of GDP	-5.1%
1964	0.1102 current US$ per US$ of GDP	-17.8%
1965	0.1367 current US$ per US$ of GDP	+24.0%
1966	0.1761 current US$ per US$ of GDP	+28.9%
1967	0.1966 current US$ per US$ of GDP	+11.6%
1968	0.2352 current US$ per US$ of GDP	+19.6%
1969	0.2328 current US$ per US$ of GDP	-1.1%
1970	0.2153 current US$ per US$ of GDP	-7.5%
1971	0.2351 current US$ per US$ of GDP	+9.2%
1972	0.2232 current US$ per US$ of GDP	-5.1%
1973	0.2949 current US$ per US$ of GDP	+32.1%
1974	0.3263 current US$ per US$ of GDP	+10.6%
1975	0.3168 current US$ per US$ of GDP	-2.9%
1976	0.2832 current US$ per US$ of GDP	-10.6%
1977	0.2752 current US$ per US$ of GDP	-2.8%
1978	0.2811 current US$ per US$ of GDP	+2.2%
1979	0.2927 current US$ per US$ of GDP	+4.1%
1980	0.3194 current US$ per US$ of GDP	+9.1%
1981	0.3338 current US$ per US$ of GDP	+4.5%
1982	0.2873 current US$ per US$ of GDP	-13.9%
1983	0.2768 current US$ per US$ of GDP	-3.7%
1984	0.2881 current US$ per US$ of GDP	+4.1%
1985	0.2775 current US$ per US$ of GDP	-3.7%
1986	0.2487 current US$ per US$ of GDP	-10.4%
1987	0.2532 current US$ per US$ of GDP	+1.8%
1988	0.2353 current US$ per US$ of GDP	-7.1%
1989	0.2206 current US$ per US$ of GDP	-6.3%
1990	0.2214 current US$ per US$ of GDP	+0.4%
1991	0.2351 current US$ per US$ of GDP	+6.2%
1992	0.2187 current US$ per US$ of GDP	-7.0%
1993	0.2048 current US$ per US$ of GDP	-6.4%
1994	0.2109 current US$ per US$ of GDP	+3.0%
1995	0.2275 current US$ per US$ of GDP	+7.8%
1996	0.2347 current US$ per US$ of GDP	+3.2%
1997	0.2441 current US$ per US$ of GDP	+4.0%
1998	0.2347 current US$ per US$ of GDP	-3.9%
1999	0.232 current US$ per US$ of GDP	-1.2%
2000	0.2684 current US$ per US$ of GDP	+15.7%
2001	0.2484 current US$ per US$ of GDP	-7.5%
2002	0.2328 current US$ per US$ of GDP	-6.3%
2003	0.2454 current US$ per US$ of GDP	+5.4%
2004	0.2726 current US$ per US$ of GDP	+11.1%
2005	0.2687 current US$ per US$ of GDP	-1.4%
2006	0.2824 current US$ per US$ of GDP	+5.1%
2007	0.2922 current US$ per US$ of GDP	+3.5%
2008	0.3987 current US$ per US$ of GDP	+36.4%
2009	0.3285 current US$ per US$ of GDP	-17.6%
2010	0.3563 current US$ per US$ of GDP	+8.5%
2011	0.401 current US$ per US$ of GDP	+12.5%
2012	0.389 current US$ per US$ of GDP	-3.0%
2013	0.3592 current US$ per US$ of GDP	-7.7%
2014	0.3376 current US$ per US$ of GDP	-6.0%
2015	0.2833 current US$ per US$ of GDP	-16.1%
2016	0.2568 current US$ per US$ of GDP	-9.4%
2017	0.2759 current US$ per US$ of GDP	+7.4%
2018	0.2919 current US$ per US$ of GDP	+5.8%
2019	0.2858 current US$ per US$ of GDP	-2.1%
2020	0.2664 current US$ per US$ of GDP	-6.8%
2021	0.3149 current US$ per US$ of GDP	+18.2%
2022	0.4029 current US$ per US$ of GDP	+27.9%
2023	0.3471 current US$ per US$ of GDP	-13.8%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.1549 current US$ per US$ of GDP	0.0676 current US$ per US$ of GDP	0.2352 current US$ per US$ of GDP	10
1970s	0.2744 current US$ per US$ of GDP	0.2153 current US$ per US$ of GDP	0.3263 current US$ per US$ of GDP	10
1980s	0.2741 current US$ per US$ of GDP	0.2206 current US$ per US$ of GDP	0.3338 current US$ per US$ of GDP	10
1990s	0.2264 current US$ per US$ of GDP	0.2048 current US$ per US$ of GDP	0.2441 current US$ per US$ of GDP	10
2000s	0.2838 current US$ per US$ of GDP	0.2328 current US$ per US$ of GDP	0.3987 current US$ per US$ of GDP	10
2010s	0.3237 current US$ per US$ of GDP	0.2568 current US$ per US$ of GDP	0.401 current US$ per US$ of GDP	10
2020s	0.3328 current US$ per US$ of GDP	0.2664 current US$ per US$ of GDP	0.4029 current US$ per US$ of GDP	4

Countries ranked near Republic of Korea

95 Jamaica 0.3542 current US$ per US$ of GDP compare
96 Mexico 0.3531 current US$ per US$ of GDP compare
97 Ukraine 0.3504 current US$ per US$ of GDP compare
99 Lao People's Democratic Republic 0.3453 current US$ per US$ of GDP compare
100 Uzbekistan 0.3347 current US$ per US$ of GDP compare
101 Sweden 0.333 current US$ per US$ of GDP compare

See the full ranking of 249 places →

More private sector data for Republic of Korea

Merchandise trade 71.6% (2025)
Food imports 6.3% (2024)
Manufactures imports 60.1% (2024)
Merchandise imports 631.89 billion current US$ (2025)
Food exports 1.6% (2024)
Manufactures exports 87.3% (2024)
Merchandise exports 709.33 billion current US$ (2025)
Merchandise exports (current US$), per capita 13,724 current US$ per person (2025)
Merchandise exports (current US$), per unit of GDP 0.3788 current US$ per US$ of GDP (2025)
Merchandise exports (current US$), annual growth rate 3.76 % change on previous year (2025)

All data for Republic of Korea →

Frequently asked questions

What is merchandise imports by the reporting economy (current us$), per unit in Republic of Korea?: Merchandise imports by the reporting economy (current us$), per unit in Republic of Korea was 0.3471 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Republic of Korea?: The highest recorded value was 0.4029 current US$ per US$ of GDP in 2022.
What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Republic of Korea?: The lowest recorded value was 0.0676 current US$ per US$ of GDP in 1960.
How does Republic of Korea rank for merchandise imports by the reporting economy (current us$), per unit?: Republic of Korea ranks 98th out of 202 countries with data for 2023.
Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Republic of Korea?: Over the last ten years it is down 3.3%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?: The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.

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Merchandise imports by the reporting economy (current US$), per unit in Republic of Korea. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-by-the-reporting-economy-current-us-per-unit-of-gdp/korea-rep/

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How this figure is calculated

Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Merchandise imports by the reporting economy (current US$) ÷ GDP (current US$)

Computed from

Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
GDP Country official statistics, National Statistical Organizations and/or Central Banks

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator: Merchandise imports by the reporting economy (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 249 places, 12,916 data points, 1960–2023
Last refreshed: 21 August 2026

Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.