Economic Outlook 119 — Contribution to world trade growth, goods and in Korea
Korea: Economic Outlook 119 — Contribution to world trade growth, goods and was 0.0541 in 2027. ◆ Volatile
Economic Outlook 119 — Contribution to world trade growth, goods and in Korea, 1981–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook 119 — contribution to world trade growth, goods and in Korea is 0.0541, measured in 2027.
The figure is down 61.2% on the previous year and down 59.5% over ten years.
Over the whole period, economic outlook 119 — contribution to world trade growth, goods and in Korea peaked at 0.375 in 2011 and was at its lowest, -0.1461, in 1998.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook 119 — Contribution to world trade growth, goods and in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | 0.0486 | — |
| 1982 | 0.0118 | -75.8% |
| 1983 | 0.0692 | +488.5% |
| 1984 | 0.0551 | -20.4% |
| 1985 | -0.005 | -109.1% |
| 1986 | 0.2312 | -4715.9% |
| 1987 | 0.1831 | -20.8% |
| 1988 | 0.1205 | -34.2% |
| 1989 | 0.0741 | -38.5% |
| 1990 | 0.1036 | +39.7% |
| 1991 | 0.1803 | +74.1% |
| 1992 | 0.0872 | -51.6% |
| 1993 | 0.0994 | +13.9% |
| 1994 | 0.2943 | +196.1% |
| 1995 | 0.3394 | +15.3% |
| 1996 | 0.199 | -41.4% |
| 1997 | 0.1371 | -31.1% |
| 1998 | -0.1461 | -206.6% |
| 1999 | 0.2698 | -284.7% |
| 2000 | 0.3294 | +22.1% |
| 2001 | -0.047 | -114.3% |
| 2002 | 0.2353 | -600.7% |
| 2003 | 0.2243 | -4.7% |
| 2004 | 0.3278 | +46.1% |
| 2005 | 0.1638 | -50.0% |
| 2006 | 0.2604 | +58.9% |
| 2007 | 0.262 | +0.6% |
| 2008 | 0.1246 | -52.4% |
| 2009 | -0.0801 | -164.3% |
| 2010 | 0.3724 | -564.6% |
| 2011 | 0.375 | +0.7% |
| 2012 | 0.1173 | -68.7% |
| 2013 | 0.0803 | -31.6% |
| 2014 | 0.0473 | -41.1% |
| 2015 | 0.0239 | -49.5% |
| 2016 | 0.0996 | +317.4% |
| 2017 | 0.1335 | +34.1% |
| 2018 | 0.0712 | -46.7% |
| 2019 | -0.0275 | -138.7% |
| 2020 | -0.061 | +121.6% |
| 2021 | 0.2788 | -557.0% |
| 2022 | 0.1071 | -61.6% |
| 2023 | 0.0844 | -21.2% |
| 2024 | 0.1269 | +50.3% |
| 2025 | 0.1084 | -14.6% |
| 2026 | 0.1394 | +28.6% |
| 2027 | 0.0541 | -61.2% |
Biggest year-on-year movements
Years where Economic Outlook 119 — Contribution to world trade growth, goods and in Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +4715.9% | -0.005 | 0.2312 |
| 2002 | +600.7% | -0.047 | 0.2353 |
| 2010 | +564.6% | -0.0801 | 0.3724 |
| 2021 | +557.0% | -0.061 | 0.2788 |
| 1983 | +488.5% | 0.0118 | 0.0692 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0876 | -0.005 | 0.2312 | 9 |
| 1990s | 0.1564 | -0.1461 | 0.3394 | 10 |
| 2000s | 0.18 | -0.0801 | 0.3294 | 10 |
| 2010s | 0.1293 | -0.0275 | 0.375 | 10 |
| 2020s | 0.1048 | -0.061 | 0.2788 | 8 |
Countries ranked near Korea
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is economic outlook 119 — contribution to world trade growth, goods and in Korea?
- Economic outlook 119 — contribution to world trade growth, goods and in Korea was 0.0541 in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — contribution to world trade growth, goods and recorded in Korea?
- The highest recorded value was 0.375 in 2011.
- What is the lowest economic outlook 119 — contribution to world trade growth, goods and recorded in Korea?
- The lowest recorded value was -0.1461 in 1998.
- How does Korea rank for economic outlook 119 — contribution to world trade growth, goods and?
- Korea ranks 2nd out of 4 groups with data for 2027.
- Is economic outlook 119 — contribution to world trade growth, goods and rising or falling in Korea?
- Over the last ten years it is down 59.5%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Contribution to world trade growth, goods and services (in USD, OECD reference year prices). Statizoid updates them automatically from the source API.
Download this data
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP