NAAG Chapter 3: Expenditure — Terms of trade in Korea
Korea: NAAG Chapter 3: Expenditure — Terms of trade was 93.72 Index in 2024. ▼ Falling
NAAG Chapter 3: Expenditure — Terms of trade in Korea, 1970–2024
Source: Organisation for Economic Co-operation and Development. Measured in Index.
Analysis
Korea recorded 93.72 Index for naag chapter 3: expenditure — terms of trade in 2024.
The figure is up 4.6% on the previous year and down 1.6% over ten years.
Over the whole period, naag chapter 3: expenditure — terms of trade in Korea peaked at 155.99 Index in 1994 and was at its lowest, 89.08 Index, in 2022.
The long-run direction has been consistently falling across the 55 years of available data.
NAAG Chapter 3: Expenditure — Terms of trade in Korea, year by year
| Year | Index | Change |
|---|---|---|
| 1970 | 155.87 Index | — |
| 1971 | 153.16 Index | -1.7% |
| 1972 | 150.92 Index | -1.5% |
| 1973 | 149.74 Index | -0.8% |
| 1974 | 132.68 Index | -11.4% |
| 1975 | 122.95 Index | -7.3% |
| 1976 | 137.43 Index | +11.8% |
| 1977 | 142.84 Index | +3.9% |
| 1978 | 146.24 Index | +2.4% |
| 1979 | 144.03 Index | -1.5% |
| 1980 | 128.37 Index | -10.9% |
| 1981 | 124.17 Index | -3.3% |
| 1982 | 127.97 Index | +3.1% |
| 1983 | 130.67 Index | +2.1% |
| 1984 | 132.38 Index | +1.3% |
| 1985 | 131.45 Index | -0.7% |
| 1986 | 141.34 Index | +7.5% |
| 1987 | 145.9 Index | +3.2% |
| 1988 | 149.79 Index | +2.7% |
| 1989 | 155.72 Index | +4.0% |
| 1990 | 152.27 Index | -2.2% |
| 1991 | 153.06 Index | +0.5% |
| 1992 | 152.72 Index | -0.2% |
| 1993 | 154.85 Index | +1.4% |
| 1994 | 155.99 Index | +0.7% |
| 1995 | 152.41 Index | -2.3% |
| 1996 | 146.13 Index | -4.1% |
| 1997 | 137.96 Index | -5.6% |
| 1998 | 127.73 Index | -7.4% |
| 1999 | 124.5 Index | -2.5% |
| 2000 | 114.87 Index | -7.7% |
| 2001 | 111.71 Index | -2.7% |
| 2002 | 113.96 Index | +2.0% |
| 2003 | 112.4 Index | -1.4% |
| 2004 | 108.74 Index | -3.3% |
| 2005 | 105.38 Index | -3.1% |
| 2006 | 100.63 Index | -4.5% |
| 2007 | 99.87 Index | -0.8% |
| 2008 | 92.89 Index | -7.0% |
| 2009 | 96.65 Index | +4.1% |
| 2010 | 97.08 Index | +0.4% |
| 2011 | 92.5 Index | -4.7% |
| 2012 | 92.48 Index | -0.0% |
| 2013 | 94.43 Index | +2.1% |
| 2014 | 95.21 Index | +0.8% |
| 2015 | 103.81 Index | +9.0% |
| 2016 | 107.62 Index | +3.7% |
| 2017 | 106.91 Index | -0.7% |
| 2018 | 103.56 Index | -3.1% |
| 2019 | 97.79 Index | -5.6% |
| 2020 | 100 Index | +2.3% |
| 2021 | 97.2 Index | -2.8% |
| 2022 | 89.08 Index | -8.4% |
| 2023 | 89.56 Index | +0.5% |
| 2024 | 93.72 Index | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 143.59 Index | 122.95 Index | 155.87 Index | 10 |
| 1980s | 136.78 Index | 124.17 Index | 155.72 Index | 10 |
| 1990s | 145.76 Index | 124.5 Index | 155.99 Index | 10 |
| 2000s | 105.71 Index | 92.89 Index | 114.87 Index | 10 |
| 2010s | 99.14 Index | 92.48 Index | 107.62 Index | 10 |
| 2020s | 93.91 Index | 89.08 Index | 100 Index | 5 |
Countries ranked near Korea
- 1 Norway 139.67 Index compare
- 1 Estonia 106.56 Index compare
- 2 Slovenia 100.66 Index compare
- 2 Colombia 129.32 Index compare
- 3 Türkiye 100.63 Index compare
- 3 Chile 116.91 Index compare
- 4 Mexico 111.93 Index compare
- 4 Latvia 100.35 Index compare
- 5 Canada 108.47 Index compare
- 5 Netherlands 99.83 Index compare
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 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 naag chapter 3: expenditure — terms of trade in Korea?
- Naag chapter 3: expenditure — terms of trade in Korea was 93.72 Index in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3: expenditure — terms of trade recorded in Korea?
- The highest recorded value was 155.99 Index in 1994.
- What is the lowest naag chapter 3: expenditure — terms of trade recorded in Korea?
- The lowest recorded value was 89.08 Index in 2022.
- How does Korea rank for naag chapter 3: expenditure — terms of trade?
- Korea ranks 2nd out of 2 groups with data for 2024.
- Is naag chapter 3: expenditure — terms of trade rising or falling in Korea?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is falling.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3: Expenditure — Terms of trade. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.