Goods, Debit/Expenditure in Korea, Republic of

Korea, Republic of: Goods, Debit/Expenditure was 596.07 billion in 2024. β–² Rising

Latest (2024)
596.07 billion
Change on year
down 1.6%
World rank
11th
of 198 countries
All-time high
678.70 billion
in 2022
All-time low
252.77 billion
in 2005
Years of data
20
2005–2024

Goods, Debit/Expenditure in Korea, Republic of, 2005–2024

0200.0B400.0B600.0B2005201420242005: 252.8B2006: 304.6B2007: 350.4B2008: 421.2B2009: 315.9B2010: 415.9B2011: 559.2B2012: 555.1B2013: 538.1B2014: 527.3B2015: 422.8B2016: 395.5B2017: 466.7B2018: 516.2B2019: 476.9B2020: 437.3B2021: 573.7B2022: 678.7B2023: 605.9B2024: 596.1B

Source: International Monetary Fund.

Analysis

In 2024, goods, debit/expenditure in Korea, Republic of stood at 596.07 billion.

The figure is down 1.6% on the previous year and up 13.1% over ten years.

Over the whole period, goods, debit/expenditure in Korea, Republic of peaked at 678.70 billion in 2022 and was at its lowest, 252.77 billion, in 2005.

That places Korea, Republic of 11th out of 198 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 328.95 billion 252.77 billion 421.16 billion 5
2010s 487.36 billion 395.46 billion 559.20 billion 10
2020s 578.35 billion 437.30 billion 678.70 billion 5

Countries ranked near Korea, Republic of

  1. 8 Mexico 636.92 billion compare
  2. 9 Hong Kong (China) 633.12 billion compare
  3. 10 Netherlands, The 605.52 billion compare
  4. 12 Canada 573.72 billion compare
  5. 13 Italy 561.61 billion compare
  6. 14 Spain 456.09 billion compare

See the full ranking of 207 places β†’

More trade data for Korea, Republic of

All data for Korea, Republic of β†’

Frequently asked questions

What is goods, debit/expenditure in Korea, Republic of?
Goods, debit/expenditure in Korea, Republic of was 596.07 billion in 2024, according to International Monetary Fund.
What is the highest goods, debit/expenditure recorded in Korea, Republic of?
The highest recorded value was 678.70 billion in 2022.
What is the lowest goods, debit/expenditure recorded in Korea, Republic of?
The lowest recorded value was 252.77 billion in 2005.
How does Korea, Republic of rank for goods, debit/expenditure?
Korea, Republic of ranks 11th out of 198 countries with data for 2024.
Is goods, debit/expenditure rising or falling in Korea, Republic of?
Over the last ten years it is up 13.1%. The long-run trend across the full record is rising.
Where does this Korea, Republic of data come from?
The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Goods, Debit/Expenditure in Korea, Republic of. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/goods-debit-expenditure-us-dollar/korea-rep/

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About this data

Indicator
Goods, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.