Korea - Trade Openness 1985
51.33%
−4.67% from 1984
Korea's trade openness was 51.33% in 1985, decreased +4.67% from 56.00% in 1984. This was the 47th highest globally.
Global Ranking - 1985▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | India | 12.90% | -7.9% |
| 2nd | Lao PDR | 13.80% | 51.6% |
| 3rd | United States | 16.60% | -5.2% |
| 4th | Sudan | 17.63% | -29.4% |
| 5th | Argentina | 18.01% | 45.9% |
| 6th | Bangladesh | 18.22% | 8.4% |
| 7th | Brazil | 20.45% | -14.2% |
| 8th | China | 20.67% | 8.8% |
| 9th | Madagascar | 22.44% | -3.5% |
| 10th | Iran, Islamic Republic of | 23.17% | -17.0% |
| 11th | Japan | 24.11% | -6.6% |
| 12th | Ghana | 24.24% | 28.9% |
| 13th | Mexico | 24.33% | -5.2% |
| 14th | Guatemala | 24.93% | -11.4% |
| 15th | Somalia, Fed. Rep. | 25.66% | -66.1% |
| 16th | Colombia | 26.33% | 8.1% |
| 17th | Uganda | 28.75% | 6.4% |
| 18th | Rwanda | 30.67% | -5.0% |
| 19th | Sierra Leone | 31.43% | 36.5% |
| 20th | Nepal | 31.53% | 4.7% |
| 21st | Australia | 32.45% | 13.8% |
| 22nd | Philippines | 32.84% | -5.7% |
| 23rd | Pakistan | 33.17% | -0.6% |
| 24th | Türkiye | 34.83% | -1.3% |
| 25th | Ecuador | 35.72% | 8.0% |
| 26th | Comoros | 35.76% | 0.0% |
| 27th | Albania | 35.93% | -5.7% |
| 28th | Nicaragua | 36.59% | -20.3% |
| 29th | Syrian Arab Republic | 37.40% | 2.7% |
| 30th | Greece | 39.33% | -1.3% |
| 31st | Spain | 40.92% | -1.6% |
| 32nd | Burkina Faso | 40.95% | 3.1% |
| 33rd | Bolivia, Plurinational State of | 41.89% | -15.3% |
| 34th | Italy | 42.54% | 0.5% |
| 35th | Chad | 43.23% | 2.8% |
| 36th | Zimbabwe | 44.21% | 6.9% |
| 37th | Indonesia | 44.72% | -10.8% |
| 38th | Peru | 44.88% | 14.5% |
| 39th | Egypt, Arab Republic of | 46.11% | -12.2% |
| 40th | Germany | 47.73% | 3.6% |
| 41st | Uruguay | 47.86% | -0.2% |
| 42nd | South Africa | 47.95% | 10.5% |
| 43rd | France | 48.88% | -1.0% |
| 44th | Thailand | 49.16% | 2.3% |
| 45th | Chile | 49.97% | 7.4% |
| 46th | Algeria | 50.33% | -5.4% |
| 47th | Korea | 51.33% | -8.3% |
| 48th | Mali | 51.78% | 8.3% |
| 49th | El Salvador | 52.21% | 3.8% |
| 50th | Senegal | 52.63% | -19.6% |
| 51st | Canada | 52.84% | 0.7% |
| 52nd | Niger | 53.53% | 7.3% |
| 53rd | Central African Republic | 53.64% | -8.9% |
| 54th | Paraguay | 54.21% | 31.8% |
| 55th | United Kingdom | 54.95% | -0.8% |
| 56th | Iraq | 54.96% | -0.7% |
| 57th | Finland | 55.33% | -2.3% |
| 58th | Kenya | 55.45% | -5.7% |
| 59th | Dominican Republic | 57.00% | 10.2% |
| 60th | European Union | 57.68% | 0.8% |
| 61st | Morocco | 59.32% | -1.7% |
| 62nd | Benin | 60.30% | 19.4% |
| 63rd | New Zealand | 60.74% | -8.2% |
| 64th | Portugal | 61.52% | -4.5% |
| 65th | Costa Rica | 63.20% | -7.5% |
| 66th | Sri Lanka | 63.98% | 0.7% |
| 67th | Sweden | 64.09% | -0.3% |
| 68th | Cameroon | 65.02% | 0.9% |
| 69th | Saudi Arabia | 66.71% | -16.3% |
| 70th | Belize | 67.07% | -17.0% |
| 71st | Guinea-Bissau | 67.47% | 4.3% |
| 72nd | Honduras | 67.48% | -4.3% |
| 73rd | Bhutan | 69.75% | 13.9% |
| 74th | Tunisia | 70.24% | -9.1% |
| 75th | Austria | 70.36% | 5.3% |
| 76th | Seychelles | 71.29% | 0.2% |
| 77th | Denmark | 72.33% | 1.6% |
| 78th | Norway | 75.65% | 1.4% |
| 79th | Israel | 75.67% | 7.7% |
| 80th | Iceland | 76.58% | 5.6% |
| 81st | Cuba | 78.68% | 3.0% |
| 82nd | Côte d'Ivoire | 79.17% | 2.7% |
| 83rd | Bulgaria | 86.00% | 9.7% |
| 84th | Oman | 87.01% | -1.0% |
| 85th | Namibia | 91.73% | -5.3% |
| 86th | Kiribati | 92.87% | -17.3% |
| 87th | Switzerland | 92.99% | 1.3% |
| 88th | Faroe Islands | 93.92% | -5.8% |
| 89th | Panama | 94.06% | 2.4% |
| 90th | Papua New Guinea | 94.55% | 2.1% |
| 91st | Mongolia | 94.94% | 0.7% |
| 92nd | Kuwait | 96.42% | -8.0% |
| 93rd | Gambia, The | 97.78% | -15.6% |
| 94th | Puerto Rico (US) | 101.81% | 4.5% |
| 95th | Cabo Verde | 101.82% | 1.3% |
| 96th | Tonga | 102.36% | 14.3% |
| 97th | Mauritania | 103.29% | 19.2% |
| 98th | Malaysia | 104.68% | -1.8% |
| 99th | Togo | 105.55% | 2.3% |
| 100th | Mauritius | 107.50% | 8.2% |
| 101st | Cyprus | 107.57% | -11.7% |
| 102nd | Ireland | 107.76% | -0.5% |
| 103rd | Guyana | 109.97% | 15.1% |
| 104th | Vanuatu | 110.53% | -1.8% |
| 105th | Congo, Republic of | 112.79% | 5.2% |
| 106th | Netherlands | 114.57% | 3.6% |
| 107th | Jordan | 115.91% | -2.3% |
| 108th | Botswana | 117.52% | -1.1% |
| 109th | Gabon | 119.85% | 20.7% |
| 110th | Belgium | 123.88% | -3.4% |
| 111th | Bahamas, The | 124.06% | 1.8% |
| 112th | Solomon Islands | 142.80% | -5.4% |
| 113th | Malta | 143.65% | 3.4% |
| 114th | Bahrain | 168.51% | 0.7% |
| 115th | Hong Kong SAR, China | 197.80% | -1.1% |
| 116th | Macao SAR, China | 198.15% | -6.3% |
| 117th | Luxembourg | 206.57% | 5.7% |
| 118th | Singapore | 304.14% | -2.9% |
FAQ
What was Korea's trade openness in 1985?▾
Korea's trade openness in 1985 was 51.33%. This ranked 47th globally.
How did Korea's trade openness change in 1985?▾
Korea's trade openness decreased by 8.3% in 1985 compared to 1984.
Which country had the highest trade openness in 1985?▾
Singapore had the highest trade openness in 1985 at 304.14%.
What is the trade openness of Korea in 1985?▾
The trade openness of Korea in 1985 was 51.33%. This ranked 47th globally.
How does 1985 compare to 1984 for Korea's trade openness?▾
Korea's trade openness went from 56.00% in 1984 to 51.33% in 1985, a 8.3% decrease.
Related
1984
1986
All years
Full ranking 1985
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2011
Lowest: 1960
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Saudi Arabia
vs Czechia
vs Slovenia
vs Japan
G20 Trade Openness
OECD Trade Openness
Global Ranking