Merchandise imports from low- and middle-income economies in Latin in Korea, Democratic People's Republic of
Korea, Democratic People's Republic of: Merchandise imports from low- and middle-income economies in Latin was 0.8% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in Latin in Korea, Democratic People's Republic of, 1981–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies in latin in Korea, Democratic People's Republic of is 0.8%, measured in 2023.
The figure is up 296.4% on the previous year and down 37.9% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Korea, Democratic People's Republic of peaked at 13.2% in 1999 and was at its lowest, 0.0%, in 1984.
Korea, Democratic People's Republic of ranks 149th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies in Latin in Korea, Democratic People's Republic of, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1981 | 0.2% | — |
| 1982 | 0.1% | -18.0% |
| 1983 | 0.4% | +219.7% |
| 1984 | 0.0% | -90.1% |
| 1985 | 0.6% | +1317.1% |
| 1986 | 1.0% | +55.5% |
| 1987 | 4.1% | +315.1% |
| 1988 | 3.5% | -13.1% |
| 1989 | 2.1% | -40.2% |
| 1990 | 0.9% | -56.3% |
| 1991 | 0.6% | -31.5% |
| 1992 | 0.7% | +11.3% |
| 1993 | 1.2% | +76.8% |
| 1994 | 4.6% | +273.5% |
| 1995 | 3.7% | -21.4% |
| 1996 | 2.0% | -45.4% |
| 1997 | 7.8% | +288.7% |
| 1998 | 6.7% | -13.0% |
| 1999 | 13.2% | +95.5% |
| 2000 | 7.0% | -47.3% |
| 2001 | 8.2% | +17.8% |
| 2002 | 6.4% | -22.2% |
| 2003 | 5.0% | -21.4% |
| 2004 | 9.2% | +84.0% |
| 2005 | 3.7% | -59.4% |
| 2006 | 3.5% | -5.2% |
| 2007 | 4.7% | +31.7% |
| 2008 | 10.2% | +118.6% |
| 2009 | 7.0% | -31.1% |
| 2010 | 1.9% | -72.9% |
| 2011 | 2.7% | +39.4% |
| 2012 | 0.9% | -66.5% |
| 2013 | 1.2% | +38.3% |
| 2014 | 1.1% | -9.0% |
| 2015 | 1.2% | +8.5% |
| 2016 | 0.1% | -89.6% |
| 2017 | 0.8% | +497.7% |
| 2018 | 0.7% | -1.0% |
| 2019 | 1.2% | +67.0% |
| 2020 | 2.0% | +59.0% |
| 2021 | 1.2% | -41.4% |
| 2022 | 0.2% | -83.4% |
| 2023 | 0.8% | +296.4% |
Korea, Democratic People's Republic of compared with similar countries
- Korea, Democratic People's Republic of's 0.8% is below the median for low income countries, which is 0.8%, 98% of the median. (25 countries reporting)
- Korea, Democratic People's Republic of's 0.8% is above the median for East Asia & Pacific, which is 0.8%, 1.0× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in Latin in Korea, Democratic People's Republic of changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +1317.1% | 0.0% | 0.6% |
| 2017 | +497.7% | 0.1% | 0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.3% | 0.0% | 4.1% | 9 |
| 1990s | 4.1% | 0.6% | 13.2% | 10 |
| 2000s | 6.5% | 3.5% | 10.2% | 10 |
| 2010s | 1.2% | 0.1% | 2.7% | 10 |
| 2020s | 1.0% | 0.2% | 2.0% | 4 |
Countries ranked near Korea, Democratic People's Republic of
More private sector data for Korea, Democratic People's Republic of
- Merchandise imports 2.87 billion current US$ (2025)
- Merchandise exports 611.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 23 current US$ per person (2025)
- Merchandise exports (current US$), annual growth rate 69.72 % change on previous year (2025)
- Merchandise imports (current US$), per capita 107.97 current US$ per person (2025)
- Merchandise imports (current US$), annual growth rate 22.61 % change on previous year (2025)
- Merchandise imports from economies in the Arab World 0.0% (2023)
- Merchandise imports from high-income economies 0.2% (2023)
- Merchandise imports from low- and middle-income economies outside 2.7% (2023)
- Merchandise imports from low- and middle-income economies in East 97.1% (2023)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Korea, Democratic People's Republic of?
- Merchandise imports from low- and middle-income economies in latin in Korea, Democratic People's Republic of was 0.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Korea, Democratic People's Republic of?
- The highest recorded value was 13.2% in 1999.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Korea, Democratic People's Republic of?
- The lowest recorded value was 0.0% in 1984.
- How does Korea, Democratic People's Republic of rank for merchandise imports from low- and middle-income economies in latin?
- Korea, Democratic People's Republic of ranks 149th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Korea, Democratic People's Republic of?
- Over the last ten years it is down 37.9%. The long-run trend across the full record is volatile.
- Where does this Korea, Democratic People's Republic of data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.