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Korea - Trade Openness 1990

Name: Korea Trade Openness 1990
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Trade as % of GDP · World Bank

49.19% −2.14% from 1989 Global rank: 56th

Korea's trade openness was 49.19% in 1990, decreased +2.14% from 51.33% in 1989. This was the 56th highest globally.

Global Ranking - 1990▾

Trade Openness by Country - 1990
Rank	Country	Value	YoY
1st	Sudan	11.09%	-24.5%
2nd	Argentina	14.99%	-23.7%
3rd	Iraq	15.13%	-66.3%
4th	Brazil	15.16%	5.3%
5th	India	15.51%	2.2%
6th	Bangladesh	18.97%	3.5%
7th	Japan	19.34%	4.3%
8th	Rwanda	19.68%	-16.0%
9th	United States	19.82%	2.1%
10th	China	24.23%	-3.3%
11th	Uganda	26.61%	2.2%
12th	Yemen, Republic of	27.63%	-
13th	Peru	29.47%	30.8%
14th	Türkiye	30.94%	-8.9%
15th	Australia	32.11%	0.3%
16th	Nepal	32.19%	-3.5%
17th	Madagascar	32.38%	1.9%
18th	Tanzania	34.48%	-
19th	Colombia	34.78%	9.3%
20th	Pakistan	35.03%	1.8%
21st	Burkina Faso	35.42%	9.3%
22nd	Niger	35.62%	-10.7%
23rd	Spain	35.65%	-4.7%
24th	Comoros	35.76%	0.0%
25th	Lao PDR	35.85%	-18.8%
26th	Russian Federation	36.11%	-15.9%
27th	Italy	36.24%	-2.0%
28th	Iran, Islamic Republic of	37.08%	32.7%
29th	Cameroon	37.50%	-2.5%
30th	South Africa	38.21%	-10.5%
31st	Mali	38.46%	11.1%
32nd	Mexico	38.52%	0.5%
33rd	Greece	39.04%	-1.7%
34th	Albania	39.44%	-1.6%
35th	Chad	41.39%	-8.4%
36th	Uruguay	41.63%	1.1%
37th	Somalia, Fed. Rep.	42.26%	-13.1%
38th	Ghana	42.73%	4.0%
39th	Romania	42.91%	-
40th	Philippines	42.92%	4.0%
41st	Central African Republic	42.94%	-8.2%
42nd	Guinea	44.25%	6.0%
43rd	France	44.59%	-3.1%
44th	Ecuador	44.59%	-1.1%
45th	Senegal	44.79%	4.3%
46th	Zimbabwe	45.66%	1.3%
47th	Germany	45.69%	1.4%
48th	Benin	45.72%	19.4%
49th	Finland	45.84%	-4.3%
50th	Guatemala	45.87%	15.3%
51st	Haiti	46.41%	14.4%
52nd	Bolivia, Plurinational State of	46.70%	2.3%
53rd	Guinea-Bissau	46.97%	-14.7%
54th	United Kingdom	48.25%	-0.9%
55th	Algeria	48.38%	2.6%
56th	Korea	49.19%	-4.2%
57th	El Salvador	49.62%	34.4%
58th	Canada	49.99%	-0.1%
59th	New Zealand	52.61%	1.2%
60th	Indonesia	52.89%	7.8%
61st	Egypt, Arab Republic of	52.92%	5.6%
62nd	New Caledonia	53.20%	-
63rd	European Union	53.64%	-1.3%
64th	Morocco	54.63%	8.5%
65th	Sweden	55.91%	-5.4%
66th	Syrian Arab Republic	56.29%	-6.4%
67th	Ukraine	56.41%	-12.2%
68th	Slovak Republic	56.47%	-
69th	Kenya	57.02%	7.3%
70th	Brunei Darussalam	57.75%	-0.6%
71st	Mongolia	58.62%	-23.2%
72nd	North Macedonia	58.69%	-
73rd	Côte d'Ivoire	58.80%	-3.7%
74th	Togo	59.77%	-32.9%
75th	Israel	60.90%	-3.2%
76th	Chile	61.21%	-2.3%
77th	Bhutan	61.22%	-11.0%
78th	Oman	61.24%	-14.2%
79th	Seychelles	62.58%	1.1%
80th	Iceland	62.91%	1.8%
81st	Czechia	63.05%	-
82nd	Portugal	65.06%	0.3%
83rd	Denmark	67.30%	0.3%
84th	Sri Lanka	68.24%	6.6%
85th	Sierra Leone	68.69%	65.2%
86th	Dominican Republic	69.20%	-0.4%
87th	Bulgaria	69.85%	-26.1%
88th	Libya	70.80%	-
89th	Congo, Republic of	70.82%	-15.0%
90th	Cuba	71.11%	-6.3%
91st	Nicaragua	71.29%	-27.1%
92nd	Norway	71.39%	2.5%
93rd	Saudi Arabia	71.71%	-0.2%
94th	Austria	71.77%	1.3%
95th	Costa Rica	75.29%	2.3%
96th	Thailand	75.78%	4.7%
97th	Gabon	76.90%	-11.6%
98th	Mauritania	78.12%	-0.7%
99th	Kyrgyz Republic	78.74%	-
100th	Faroe Islands	78.88%	-1.3%
101st	Belize	79.39%	1.2%
102nd	Viet Nam	81.32%	40.4%
103rd	Armenia	81.34%	-
104th	Switzerland	82.51%	-6.7%
105th	Azerbaijan	83.08%	-
106th	Georgia	85.53%	-2.6%
107th	Cabo Verde	85.95%	5.5%
108th	Papua New Guinea	89.57%	-4.1%
109th	Belarus	89.61%	-
110th	Paraguay	91.31%	10.1%
111th	Namibia	93.76%	-2.7%
112th	Tunisia	94.16%	2.3%
113th	Honduras	94.22%	18.4%
114th	Tonga	98.97%	12.6%
115th	Kuwait	103.01%	9.9%
116th	Netherlands	104.12%	-1.9%
117th	Botswana	104.85%	-0.5%
118th	Ireland	105.03%	-6.6%
119th	Cyprus	108.61%	-2.4%
120th	Bahamas, The	110.12%	-0.8%
121st	Vanuatu	112.58%	19.6%
122nd	Puerto Rico (US)	114.45%	6.0%
123rd	Lebanon	117.91%	7.3%
124th	Belgium	121.47%	-2.8%
125th	Panama	121.79%	11.1%
126th	Gambia, The	131.49%	9.3%
127th	Mauritius	135.29%	1.0%
128th	Slovenia	139.57%	-
129th	Solomon Islands	142.44%	-26.4%
130th	Guyana	142.57%	1.9%
131st	Malaysia	146.89%	7.5%
132nd	Jordan	149.45%	14.6%
133rd	Kiribati	151.07%	15.8%
134th	Malta	164.48%	6.4%
135th	Macao SAR, China	175.66%	-8.0%
136th	Bahrain	184.83%	12.8%
137th	Luxembourg	187.81%	-1.7%
138th	Hong Kong SAR, China	226.00%	0.4%
139th	Singapore	344.33%	-0.9%

FAQ

What was Korea's trade openness in 1990?▾

Korea's trade openness in 1990 was 49.19%. This ranked 56th globally.

How did Korea's trade openness change in 1990?▾

Korea's trade openness decreased by 4.2% in 1990 compared to 1989.

Which country had the highest trade openness in 1990?▾

Singapore had the highest trade openness in 1990 at 344.33%.

What is the trade openness of Korea in 1990?▾

The trade openness of Korea in 1990 was 49.19%. This ranked 56th globally.

How does 1990 compare to 1989 for Korea's trade openness?▾

Korea's trade openness went from 51.33% in 1989 to 49.19% in 1990, a 4.2% decrease.

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