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Korea Trade Openness 1970s

Trade as % of GDP · World Bank
47.62% decade average (1970-1979)

Korea's trade openness during the 1970s ranged from 32.25% (1970) to 54.56% (1974), averaging 47.62% over 10 years of data.

1970s Data
YearValueChangeRank
1970 32.25% −0.54% 29th
1971 35.29% +3.05% 33rd
1972 37.54% +2.24% 38th
1973 50.82% +13.28% 56th
1974 54.56% +3.74% 48th
1975 53.04% −1.51% 49th
1976 52.96% −0.08% 51st
1977 52.97% +0.00% 50th
1978 53.25% +0.28% 55th
1979 53.52% +0.27% 46th