Kuwait vs Republic of Korea: Merchandise trade as a proportion of GDP
Kuwait
70.6%
in 2024
Republic of Korea
70.1%
in 2024
Kuwait rank
66th
Republic of Korea rank
67th
Merchandise trade as a proportion of GDP over time
- Kuwait
- Republic of Korea
How they compare
Kuwait currently reports 70.6% against 70.1% in Republic of 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.
Kuwait ranks 66th and Republic of Korea ranks 67th of 218 countries.
Kuwait has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Kuwait | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 70.5% | 58.7% | 11.9% | Kuwait |
| 2010s | 77.7% | 68.6% | 9.1% | Kuwait |
| 2020s | 68.5% | 67.8% | 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, Kuwait or Republic of Korea?
- Kuwait, at 70.6% against 70.1% in Republic of Korea as of 2024.
- What is the difference in merchandise trade as a proportion of gdp between Kuwait and Republic of Korea?
- 0.5%, with Kuwait ahead.
- How many years of comparable data are there for Kuwait and Republic of Korea?
- 25 years are reported by both, from 2000 to 2024.
- How do Kuwait and Republic of Korea rank globally for merchandise trade as a proportion of gdp?
- Kuwait ranks 66th and Republic of Korea ranks 67th of 218 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.