Korea - Trade in services
Trade in services (% of GDP)
Trade in services (% of GDP) in Korea was 11.84 as of 2020. Its highest value over the past 44 years was 17.99 in 2008, while its lowest value was 7.08 in 1991.
Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1976 | 9.09 |
| 1977 | 12.51 |
| 1978 | 13.96 |
| 1979 | 11.79 |
| 1980 | 13.40 |
| 1981 | 14.06 |
| 1982 | 14.25 |
| 1983 | 12.37 |
| 1984 | 11.27 |
| 1985 | 9.44 |
| 1986 | 8.98 |
| 1987 | 9.02 |
| 1988 | 7.78 |
| 1989 | 7.44 |
| 1990 | 7.44 |
| 1991 | 7.08 |
| 1992 | 7.14 |
| 1993 | 7.43 |
| 1994 | 7.91 |
| 1995 | 8.87 |
| 1996 | 8.94 |
| 1997 | 10.14 |
| 1998 | 13.56 |
| 1999 | 11.14 |
| 2000 | 11.45 |
| 2001 | 11.65 |
| 2002 | 10.82 |
| 2003 | 10.87 |
| 2004 | 12.06 |
| 2005 | 11.77 |
| 2006 | 12.06 |
| 2007 | 13.29 |
| 2008 | 17.99 |
| 2009 | 16.36 |
| 2010 | 15.72 |
| 2011 | 15.41 |
| 2012 | 16.53 |
| 2013 | 15.54 |
| 2014 | 15.30 |
| 2015 | 14.30 |
| 2016 | 13.80 |
| 2017 | 13.31 |
| 2018 | 13.72 |
| 2019 | 14.20 |
| 2020 | 11.84 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
