Share of global services exports in Republic of Korea
Republic of Korea: Share of global services exports was 1.78 in 2022. ▼ Falling
Latest (2022)
1.78
Change on year
down 5.8%
World rank
17th
of 200 countries
All-time high
2.23
in 2012
All-time low
1.61
in 2017
Years of data
23
2000–2022
Share of global services exports in Republic of Korea, 2000–2022
Source: Our World in Data.
Analysis
In 2022, share of global services exports in Republic of Korea stood at 1.78.
That represents a change of down 5.8% on the previous year and down 20.2% over ten years.
Over the whole period, share of global services exports in Republic of Korea peaked at 2.23 in 2012 and was at its lowest, 1.61, in 2017.
That places Republic of Korea 17th out of 200 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently falling across the 23 years of available data.
Share of global services exports in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.07 | — |
| 2001 | 1.98 | -4.3% |
| 2002 | 1.87 | -5.6% |
| 2003 | 1.84 | -1.6% |
| 2004 | 1.93 | +4.9% |
| 2005 | 1.87 | -3.1% |
| 2006 | 1.87 | +0.0% |
| 2007 | 1.96 | +4.8% |
| 2008 | 2.22 | +13.3% |
| 2009 | 1.98 | -10.8% |
| 2010 | 2.08 | +5.1% |
| 2011 | 2.02 | -2.9% |
| 2012 | 2.23 | +10.4% |
| 2013 | 2.11 | -5.4% |
| 2014 | 2.12 | +0.5% |
| 2015 | 1.93 | -9.0% |
| 2016 | 1.85 | -4.1% |
| 2017 | 1.61 | -13.0% |
| 2018 | 1.68 | +4.3% |
| 2019 | 1.63 | -3.0% |
| 2020 | 1.7 | +4.3% |
| 2021 | 1.89 | +11.2% |
| 2022 | 1.78 | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.96 | 1.84 | 2.22 | 10 |
| 2010s | 1.93 | 1.61 | 2.23 | 10 |
| 2020s | 1.79 | 1.7 | 1.89 | 3 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- GDP (constant 2015 US$), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.03 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 37,470 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,237 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 44.80 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 0.7232 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3433 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,437 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.09 % change on previous year (2025)
Frequently asked questions
- What is share of global services exports in Republic of Korea?
- Share of global services exports in Republic of Korea was 1.78 in 2022, according to Our World in Data.
- What is the highest share of global services exports recorded in Republic of Korea?
- The highest recorded value was 2.23 in 2012.
- What is the lowest share of global services exports recorded in Republic of Korea?
- The lowest recorded value was 1.61 in 2017.
- How does Republic of Korea rank for share of global services exports?
- Republic of Korea ranks 17th out of 200 countries with data for 2022.
- Is share of global services exports rising or falling in Republic of Korea?
- Over the last ten years it is down 20.2%. The long-run trend across the full record is falling.
- Where does this Republic of Korea data come from?
- The figures come from Our World in Data, published as part of Share of global services exports. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (Our World in Data).