Korea - Imports of goods and services (constant LCU)
The value for Imports of goods and services (constant LCU) in Korea was 661,725,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 697,841,000,000,000 in 2018 and a minimum value of 1,299,600,000,000 in 1961.
Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 1,422,500,000,000 |
| 1961 | 1,299,600,000,000 |
| 1962 | 1,756,600,000,000 |
| 1963 | 2,195,700,000,000 |
| 1964 | 1,649,900,000,000 |
| 1965 | 1,872,000,000,000 |
| 1966 | 2,799,200,000,000 |
| 1967 | 3,643,300,000,000 |
| 1968 | 5,183,100,000,000 |
| 1969 | 6,535,100,000,000 |
| 1970 | 7,132,300,000,000 |
| 1971 | 8,568,700,000,000 |
| 1972 | 8,583,300,000,000 |
| 1973 | 11,501,000,000,000 |
| 1974 | 13,756,600,000,000 |
| 1975 | 14,333,000,000,000 |
| 1976 | 17,845,800,000,000 |
| 1977 | 21,785,100,000,000 |
| 1978 | 28,423,400,000,000 |
| 1979 | 32,282,500,000,000 |
| 1980 | 31,205,600,000,000 |
| 1981 | 32,663,700,000,000 |
| 1982 | 33,158,100,000,000 |
| 1983 | 35,440,800,000,000 |
| 1984 | 36,971,900,000,000 |
| 1985 | 36,217,000,000,000 |
| 1986 | 48,241,800,000,000 |
| 1987 | 56,970,500,000,000 |
| 1988 | 64,503,700,000,000 |
| 1989 | 74,706,600,000,000 |
| 1990 | 84,743,000,000,000 |
| 1991 | 101,678,000,000,000 |
| 1992 | 106,576,000,000,000 |
| 1993 | 113,763,000,000,000 |
| 1994 | 140,993,000,000,000 |
| 1995 | 172,055,000,000,000 |
| 1996 | 196,376,000,000,000 |
| 1997 | 201,016,000,000,000 |
| 1998 | 152,332,000,000,000 |
| 1999 | 189,860,000,000,000 |
| 2000 | 231,805,000,000,000 |
| 2001 | 223,779,000,000,000 |
| 2002 | 257,103,000,000,000 |
| 2003 | 284,045,000,000,000 |
| 2004 | 318,370,000,000,000 |
| 2005 | 343,052,000,000,000 |
| 2006 | 385,837,000,000,000 |
| 2007 | 429,758,000,000,000 |
| 2008 | 443,781,000,000,000 |
| 2009 | 413,126,000,000,000 |
| 2010 | 485,464,000,000,000 |
| 2011 | 555,914,000,000,000 |
| 2012 | 570,188,000,000,000 |
| 2013 | 579,538,000,000,000 |
| 2014 | 586,859,000,000,000 |
| 2015 | 599,257,000,000,000 |
| 2016 | 630,267,000,000,000 |
| 2017 | 686,089,000,000,000 |
| 2018 | 697,841,000,000,000 |
| 2019 | 684,517,000,000,000 |
| 2020 | 661,725,000,000,000 |
Base Period: varies by country
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
