Korea, Dem. People's Rep.: Merchandise imports from high-income economies (% of total merchandise imports)
In , Korea, Dem. People's Rep.'s Merchandise imports from high-income economies (% of total merchandise imports) was 0.18.
That's down 48.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 58.25 . Korea, Dem. People's Rep. ranks #205 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #36 of 36.
Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 33.97
- Trough
- 0.18
- 1-year change
- -48.0%
- 5-year change
- -88.7%
- -35.4% / yr
- 10-year change
- -96.8%
- -29.0% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from high-income economies (% of total merchandise imports) |
|---|---|
| 0.1799 | |
| 0.3457 | |
| 0.4251 | |
| 4.9644 | |
| 1.7847 | |
| 1.5970 | |
| 2.6566 | |
| 3.0697 | |
| 4.3183 | |
| 4.3400 |
About Merchandise imports from high-income economies (% of total merchandise imports)
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TM.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Korea, Dem. People's Rep.'s Merchandise imports from high-income economies (% of total merchandise imports) in 2023?
- In 2023, Korea, Dem. People's Rep.'s Merchandise imports from high-income economies (% of total merchandise imports) was 0.18, according to World Bank Open Data.
- Is Korea, Dem. People's Rep.'s Merchandise imports from high-income economies (% of total merchandise imports) rising or falling?
- Korea, Dem. People's Rep.'s Merchandise imports from high-income economies (% of total merchandise imports) fell 48.0% from 2022 to 2023.
- How does Korea, Dem. People's Rep. rank globally on Merchandise imports from high-income economies (% of total merchandise imports)?
- In 2023, Korea, Dem. People's Rep. ranked #205 out of 205 countries reporting Merchandise imports from high-income economies (% of total merchandise imports).
- How does Korea, Dem. People's Rep.'s Merchandise imports from high-income economies (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from high-income economies (% of total merchandise imports) in 2023 was 58.25, so Korea, Dem. People's Rep. is below the world average. Within East Asia & Pacific, it ranks #36 of 36.
- What is Merchandise imports from high-income economies (% of total merchandise imports) and how is it measured?
- Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TM.VAL.MRCH.HI.ZS), CC BY 4.0.