South Korea vs Panama: Trade as a share of GDP
South Korea
86.4%
in 2025
Panama
83.7%
in 2024
South Korea rank
89th
Panama rank
92nd
Trade as a share of GDP over time
- South Korea
- Panama
How they compare
South Korea currently reports 86.4% against 83.7% in Panama, a difference of 2.7%.
The two have swapped places 1 time across 65 shared years of data; in 1960 it was Panama ahead.
South Korea ranks 89th and Panama ranks 92nd of 191 countries.
Panama has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | South Korea | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 22.9% | 110.8% | 87.9% | Panama |
| 1970s | 47.6% | 129.3% | 81.7% | Panama |
| 1980s | 58.1% | 107.0% | 49.0% | Panama |
| 1990s | 52.1% | 146.7% | 94.6% | Panama |
| 2000s | 69.0% | 137.4% | 68.4% | Panama |
| 2010s | 83.7% | 113.6% | 30.0% | Panama |
| 2020s | 79.7% | 82.9% | 3.2% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher trade as a share of gdp, South Korea or Panama?
- South Korea, at 86.4% against 83.7% in Panama as of 2025.
- What is the difference in trade as a share of gdp between South Korea and Panama?
- 2.7%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Panama?
- 65 years are reported by both, from 1960 to 2024.
- How do South Korea and Panama rank globally for trade as a share of gdp?
- South Korea ranks 89th and Panama ranks 92nd of 191 countries.
- Where does this data come from?
- National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Trade as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Trade in goods and services as a share of GDP, shown as a percentage.