South Korea vs Kuwait: Merchandise trade as a proportion of GDP (%)
South Korea
70.1%
in 2024
Kuwait
70.6%
in 2024
South Korea rank
67th
Kuwait rank
66th
Merchandise trade as a proportion of GDP (%) over time
- South Korea
- Kuwait
How they compare
Kuwait currently reports 70.6% against 70.1% in South Korea, a difference of 0.5%.
The two have swapped places 6 times across 25 shared years of data; in 2000 it was Kuwait ahead.
South Korea ranks 67th and Kuwait ranks 66th of 220 countries.
Kuwait has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 58.7% | 70.5% | 11.9% | Kuwait |
| 2010s | 68.6% | 77.7% | 9.1% | Kuwait |
| 2020s | 67.8% | 68.5% | 0.7% | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade as a proportion of gdp, South Korea or Kuwait?
- Kuwait, at 70.6% against 70.1% in South Korea as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between South Korea and Kuwait?
- 0.5%, with Kuwait ahead.
- How many years of comparable data are there for South Korea and Kuwait?
- 25 years are reported by both, from 2000 to 2024.
- How do South Korea and Kuwait rank globally for merchandise trade as a proportion of gdp?
- South Korea ranks 67th and Kuwait ranks 66th of 220 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Merchandise trade as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.