Trade balance in low carbon technology products, Percent of GDP in Korea
Korea: Trade balance in low carbon technology products, Percent of GDP was 1.13 in 2024. ◆ Volatile
Trade balance in low carbon technology products, Percent of GDP in Korea, 1994–2024
Source: International Monetary Fund.
Analysis
Korea recorded 1.13 for trade balance in low carbon technology products, percent of gdp in 2024.
That represents a change of up 44.7% on the previous year and down 34.7% over ten years.
Over the whole period, trade balance in low carbon technology products, percent of gdp in Korea peaked at 2.4 in 2010 and was at its lowest, -1.34, in 1996.
Korea ranks 6th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Trade balance in low carbon technology products, Percent of GDP in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | -1.12 | — |
| 1995 | -1.28 | +14.8% |
| 1996 | -1.34 | +4.3% |
| 1997 | -0.9617 | -28.1% |
| 1998 | -0.2542 | -73.6% |
| 1999 | -0.325 | +27.9% |
| 2000 | -0.9094 | +179.8% |
| 2001 | -0.584 | -35.8% |
| 2002 | -0.6738 | +15.4% |
| 2003 | -0.7888 | +17.1% |
| 2004 | -0.6077 | -23.0% |
| 2005 | 0.0826 | -113.6% |
| 2006 | 0.6534 | +691.0% |
| 2007 | 1.25 | +91.7% |
| 2008 | 1.7 | +35.8% |
| 2009 | 2.03 | +19.4% |
| 2010 | 2.4 | +18.3% |
| 2011 | 2.19 | -8.8% |
| 2012 | 2.26 | +3.2% |
| 2013 | 1.74 | -23.0% |
| 2014 | 1.74 | -0.2% |
| 2015 | 1.59 | -8.5% |
| 2016 | 1.46 | -8.3% |
| 2017 | 1.49 | +2.0% |
| 2018 | 1.3 | -12.2% |
| 2019 | 1.21 | -7.2% |
| 2020 | 0.9289 | -23.3% |
| 2021 | 0.724 | -22.1% |
| 2022 | 0.6133 | -15.3% |
| 2023 | 0.7843 | +27.9% |
| 2024 | 1.13 | +44.7% |
Korea compared with similar countries
- Korea's 1.13 is above the median for high income countries, which is -0.5764. (62 countries reporting)
- Korea's 1.13 is above the median for East Asia & Pacific, which is -0.9571. (27 countries reporting)
Biggest year-on-year movements
Years where Trade balance in low carbon technology products, Percent of GDP in Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +691.0% | 0.0826 | 0.6534 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.8797 | -1.34 | -0.2542 | 6 |
| 2000s | 0.2157 | -0.9094 | 2.03 | 10 |
| 2010s | 1.74 | 1.21 | 2.4 | 10 |
| 2020s | 0.837 | 0.6133 | 1.13 | 5 |
Countries ranked near Korea
More trade data for Korea
- Commodity Net Export Price Index, Individual Commodities Weighted by 120.92 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.62 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.43 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 83.23 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 96.89 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.9 (2024)
- Imports of low carbon technology products, US dollar (World), per 690.16 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.019 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 57.00 billion (2024)
Frequently asked questions
- What is trade balance in low carbon technology products, percent of gdp in Korea?
- Trade balance in low carbon technology products, percent of gdp in Korea was 1.13 in 2024, according to International Monetary Fund.
- What is the highest trade balance in low carbon technology products, percent of gdp recorded in Korea?
- The highest recorded value was 2.4 in 2010.
- What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Korea?
- The lowest recorded value was -1.34 in 1996.
- How does Korea rank for trade balance in low carbon technology products, percent of gdp?
- Korea ranks 6th out of 177 countries with data for 2024.
- Is trade balance in low carbon technology products, percent of gdp rising or falling in Korea?
- Over the last ten years it is down 34.7%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.
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About this data
This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.