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Korea - Trade Openness 1977

Name: Korea Trade Openness 1977
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

52.97% +0.00% from 1976 Global rank: 50th

Korea's trade openness was 52.97% in 1977, increased +0.00% from 52.96% in 1976. This was the 50th highest globally.

Global Ranking - 1977▾

Trade Openness by Country - 1977
Rank	Country	Value	YoY
1st	China	9.32%	-2.8%
2nd	India	12.65%	-1.2%
3rd	Türkiye	14.52%	-6.5%
4th	Brazil	15.16%	-7.7%
5th	United States	16.42%	2.3%
6th	Argentina	16.94%	12.2%
7th	Uganda	16.95%	-19.3%
8th	Bangladesh	19.42%	-13.2%
9th	Mexico	20.54%	11.9%
10th	Ghana	22.05%	-30.6%
11th	Japan	23.13%	-6.7%
12th	Sudan	26.00%	-14.4%
13th	Nepal	26.11%	4.6%
14th	Pakistan	27.20%	-6.0%
15th	Australia	28.59%	6.6%
16th	Spain	29.20%	-3.0%
17th	Colombia	30.06%	-2.8%
18th	Rwanda	31.93%	-6.0%
19th	Mali	32.34%	0.9%
20th	Greece	33.76%	-0.6%
21st	Ecuador	34.44%	1.3%
22nd	Madagascar	36.49%	11.6%
23rd	Peru	37.59%	19.7%
24th	Germany	37.96%	-0.7%
25th	Burkina Faso	38.40%	9.1%
26th	Portugal	40.53%	7.5%
27th	Chile	40.85%	-6.0%
28th	Zimbabwe	41.61%	0.1%
29th	Italy	41.71%	1.5%
30th	Paraguay	41.90%	28.1%
31st	Guinea-Bissau	41.91%	26.2%
32nd	France	42.36%	2.4%
33rd	Uruguay	42.55%	7.4%
34th	Indonesia	43.57%	1.3%
35th	Chad	43.73%	3.0%
36th	Thailand	45.34%	5.6%
37th	Canada	45.76%	3.4%
38th	Sierra Leone	46.45%	-8.0%
39th	European Union	47.75%	0.2%
40th	South Africa	48.21%	-1.4%
41st	Niger	48.97%	-13.5%
42nd	Dominican Republic	49.35%	-4.1%
43rd	Guatemala	50.71%	3.2%
44th	Benin	50.96%	15.8%
45th	Sweden	51.35%	-0.9%
46th	Brunei Darussalam	52.12%	0.0%
47th	Finland	52.39%	6.3%
48th	Cameroon	52.87%	5.7%
49th	Egypt, Arab Republic of	52.95%	17.4%
50th	Korea	52.97%	0.0%
51st	New Zealand	53.90%	-3.7%
52nd	Morocco	54.22%	-0.8%
53rd	Bolivia, Plurinational State of	56.42%	-2.0%
54th	Syrian Arab Republic	58.83%	9.3%
55th	United Kingdom	58.93%	2.6%
56th	Central African Republic	59.53%	15.6%
57th	Iran, Islamic Republic of	59.89%	-8.5%
58th	Denmark	60.37%	-1.2%
59th	Austria	60.51%	0.6%
60th	Iceland	63.51%	-3.0%
61st	Senegal	63.95%	18.2%
62nd	Sri Lanka	63.97%	5.9%
63rd	Kenya	66.55%	3.7%
64th	Costa Rica	67.20%	5.3%
65th	Tunisia	67.59%	7.1%
66th	Nicaragua	69.52%	7.2%
67th	Israel	70.45%	4.6%
68th	Togo	72.04%	-2.1%
69th	Algeria	72.33%	3.1%
70th	El Salvador	75.64%	4.5%
71st	Norway	76.20%	-3.3%
72nd	Mauritania	76.80%	-8.4%
73rd	Cuba	76.81%	0.0%
74th	Côte d'Ivoire	78.96%	1.2%
75th	Somalia, Fed. Rep.	79.48%	153.2%
76th	Gambia, The	84.25%	-3.6%
77th	Faroe Islands	84.90%	-2.3%
78th	Switzerland	87.32%	10.7%
79th	Seychelles	88.10%	-9.3%
80th	Netherlands	89.73%	-3.4%
81st	Saudi Arabia	89.98%	7.1%
82nd	Tonga	91.04%	8.9%
83rd	Papua New Guinea	91.24%	10.5%
84th	Malaysia	92.78%	-0.4%
85th	Belgium	95.68%	-1.2%
86th	Iraq	97.03%	4.0%
87th	Honduras	97.10%	5.2%
88th	Ireland	98.00%	7.4%
89th	Oman	102.34%	-5.5%
90th	Gabon	102.85%	12.2%
91st	Mauritius	106.81%	-0.2%
92nd	Puerto Rico (US)	106.83%	9.2%
93rd	Congo, Republic of	110.85%	3.7%
94th	Kuwait	115.47%	4.5%
95th	Cyprus	115.58%	2.9%
96th	Jordan	116.03%	3.4%
97th	Kiribati	116.23%	2.1%
98th	Botswana	120.21%	3.0%
99th	Lesotho	124.33%	-20.6%
100th	Panama	137.02%	0.0%
101st	Guyana	141.98%	-9.6%
102nd	Bahamas, The	148.79%	-
103rd	Hong Kong SAR, China	160.19%	-4.8%
104th	Luxembourg	165.37%	-0.5%
105th	Malta	167.35%	3.4%
106th	Singapore	326.98%	6.9%

FAQ

What was Korea's trade openness in 1977?▾

Korea's trade openness in 1977 was 52.97%. This ranked 50th globally.

How did Korea's trade openness change in 1977?▾

Korea's trade openness increased by 0.0% in 1977 compared to 1976.

Which country had the highest trade openness in 1977?▾

Singapore had the highest trade openness in 1977 at 326.98%.

What is the trade openness of Korea in 1977?▾

The trade openness of Korea in 1977 was 52.97%. This ranked 50th globally.

How does 1977 compare to 1976 for Korea's trade openness?▾

Korea's trade openness went from 52.96% in 1976 to 52.97% in 1977, a 0.0% increase.

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