Terms of trade adjustment in South Korea
South Korea: Terms of trade adjustment was -41.60 trillion constant LCU in 2025. ◆ Volatile
Latest (2025)
-41.60 trillion constant LCU
Change on year
up 26.9%
World rank
176th
of 178 countries
All-time high
54.42 trillion constant LCU
in 1995
All-time low
-89.60 trillion constant LCU
in 2022
Years of data
66
1960–2025
Terms of trade adjustment in South Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for terms of trade adjustment in South Korea is -41.60 trillion constant LCU, measured in 2025.
The figure is up 26.9% on the previous year and down 263.8% over ten years.
Over the whole period, terms of trade adjustment in South Korea peaked at 54.42 trillion constant LCU in 1995 and was at its lowest, -89.60 trillion constant LCU, in 2022.
That places South Korea 176th out of 178 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in South Korea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 132.68 billion constant LCU | — |
| 1961 | 134.44 billion constant LCU | +1.3% |
| 1962 | 158.38 billion constant LCU | +17.8% |
| 1963 | 267.78 billion constant LCU | +69.1% |
| 1964 | 248.13 billion constant LCU | -7.3% |
| 1965 | 367.30 billion constant LCU | +48.0% |
| 1966 | 494.17 billion constant LCU | +34.5% |
| 1967 | 644.44 billion constant LCU | +30.4% |
| 1968 | 877.89 billion constant LCU | +36.2% |
| 1969 | 1.12 trillion constant LCU | +27.8% |
| 1970 | 1.30 trillion constant LCU | +15.5% |
| 1971 | 1.53 trillion constant LCU | +18.2% |
| 1972 | 2.10 trillion constant LCU | +36.9% |
| 1973 | 3.09 trillion constant LCU | +47.4% |
| 1974 | 2.11 trillion constant LCU | -31.7% |
| 1975 | 1.80 trillion constant LCU | -14.5% |
| 1976 | 4.09 trillion constant LCU | +126.8% |
| 1977 | 5.70 trillion constant LCU | +39.4% |
| 1978 | 7.20 trillion constant LCU | +26.2% |
| 1979 | 7.04 trillion constant LCU | -2.1% |
| 1980 | 4.92 trillion constant LCU | -30.2% |
| 1981 | 4.77 trillion constant LCU | -3.1% |
| 1982 | 5.64 trillion constant LCU | +18.3% |
| 1983 | 7.21 trillion constant LCU | +27.9% |
| 1984 | 8.58 trillion constant LCU | +18.9% |
| 1985 | 8.43 trillion constant LCU | -1.7% |
| 1986 | 14.97 trillion constant LCU | +77.6% |
| 1987 | 20.70 trillion constant LCU | +38.2% |
| 1988 | 24.84 trillion constant LCU | +20.0% |
| 1989 | 26.78 trillion constant LCU | +7.8% |
| 1990 | 26.41 trillion constant LCU | -1.4% |
| 1991 | 30.10 trillion constant LCU | +14.0% |
| 1992 | 33.53 trillion constant LCU | +11.4% |
| 1993 | 38.41 trillion constant LCU | +14.6% |
| 1994 | 46.87 trillion constant LCU | +22.0% |
| 1995 | 54.42 trillion constant LCU | +16.1% |
| 1996 | 52.42 trillion constant LCU | -3.7% |
| 1997 | 51.12 trillion constant LCU | -2.5% |
| 1998 | 42.83 trillion constant LCU | -16.2% |
| 1999 | 42.45 trillion constant LCU | -0.9% |
| 2000 | 30.16 trillion constant LCU | -29.0% |
| 2001 | 23.35 trillion constant LCU | -22.6% |
| 2002 | 31.25 trillion constant LCU | +33.8% |
| 2003 | 31.50 trillion constant LCU | +0.8% |
| 2004 | 26.96 trillion constant LCU | -14.4% |
| 2005 | 17.87 trillion constant LCU | -33.7% |
| 2006 | 2.36 trillion constant LCU | -86.8% |
| 2007 | -537.68 billion constant LCU | -122.8% |
| 2008 | -32.39 trillion constant LCU | +5924.6% |
| 2009 | -15.18 trillion constant LCU | -53.2% |
| 2010 | -14.95 trillion constant LCU | -1.5% |
| 2011 | -44.38 trillion constant LCU | +196.9% |
| 2012 | -47.17 trillion constant LCU | +6.3% |
| 2013 | -36.32 trillion constant LCU | -23.0% |
| 2014 | -31.93 trillion constant LCU | -12.1% |
| 2015 | 25.40 trillion constant LCU | -179.5% |
| 2016 | 51.98 trillion constant LCU | +104.7% |
| 2017 | 48.32 trillion constant LCU | -7.0% |
| 2018 | 25.85 trillion constant LCU | -46.5% |
| 2019 | -16.05 trillion constant LCU | -162.1% |
| 2020 | 0 constant LCU | -100.0% |
| 2021 | -22.14 trillion constant LCU | — |
| 2022 | -89.60 trillion constant LCU | +304.7% |
| 2023 | -88.56 trillion constant LCU | -1.2% |
| 2024 | -56.88 trillion constant LCU | -35.8% |
| 2025 | -41.60 trillion constant LCU | -26.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 444.72 billion constant LCU | 132.68 billion constant LCU | 1.12 trillion constant LCU | 10 |
| 1970s | 3.60 trillion constant LCU | 1.30 trillion constant LCU | 7.20 trillion constant LCU | 10 |
| 1980s | 12.68 trillion constant LCU | 4.77 trillion constant LCU | 26.78 trillion constant LCU | 10 |
| 1990s | 41.86 trillion constant LCU | 26.41 trillion constant LCU | 54.42 trillion constant LCU | 10 |
| 2000s | 11.53 trillion constant LCU | -32.39 trillion constant LCU | 31.50 trillion constant LCU | 10 |
| 2010s | -3.92 trillion constant LCU | -47.17 trillion constant LCU | 51.98 trillion constant LCU | 10 |
| 2020s | -49.80 trillion constant LCU | -89.60 trillion constant LCU | 0 constant LCU | 6 |
Countries ranked near South Korea
More economy & growth data for South Korea
- GDP (current US$), annual growth rate -0.161 % change on previous year (2025)
- GDP (current US$), per capita 36,227 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.16 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1,422 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 51.53 million current LCU per person (2025)
- 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)
Frequently asked questions
- What is terms of trade adjustment in South Korea?
- Terms of trade adjustment in South Korea was -41.60 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in South Korea?
- The highest recorded value was 54.42 trillion constant LCU in 1995.
- What is the lowest terms of trade adjustment recorded in South Korea?
- The lowest recorded value was -89.60 trillion constant LCU in 2022.
- How does South Korea rank for terms of trade adjustment?
- South Korea ranks 176th out of 178 countries with data for 2025.
- Is terms of trade adjustment rising or falling in South Korea?
- Over the last ten years it is down 263.8%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.