Trade, S1 - Payment restrictions for international trade in Republic of Korea

Republic of Korea: Trade, S1 - Payment restrictions for international trade was 1 in 2014. ▲ Rising

Latest (2014)
1
Change on year
unchanged
World rank
1st
of 90 countries
All-time high
1
in 2011
All-time low
0.375
in 1974
Years of data
42
1973–2014

Trade, S1 - Payment restrictions for international trade in Republic of Korea, 1973–2014

00.20.40.60.811973199320141973: 0.4381974: 0.3751975: 0.3751976: 0.3751977: 0.3751978: 0.51979: 0.5621980: 0.6251981: 0.6251982: 0.6251983: 0.6251984: 0.6251985: 0.6251986: 0.6251987: 0.6251988: 0.6251989: 0.6251990: 0.6251991: 0.6251992: 0.6251993: 0.6251994: 0.6251995: 0.6251996: 0.6251997: 0.6251998: 0.6251999: 0.6252000: 0.6252001: 0.8122002: 0.8122003: 0.8122004: 0.8122005: 0.8122006: 0.8122007: 0.9382008: 0.9382009: 0.9382010: 0.9382011: 12012: 12013: 12014: 1

Source: International Monetary Fund.

Analysis

The most recent figure for trade, s1 - payment restrictions for international trade in Republic of Korea is 1, measured in 2014. That is the highest value across all 42 years on record.

The figure is up 23.1% over ten years.

Over the whole period, trade, s1 - payment restrictions for international trade in Republic of Korea peaked at 1 in 2011 and was at its lowest, 0.375, in 1974.

Republic of Korea ranks 1st of 90 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 42 years of available data.

Trade, S1 - Payment restrictions for international trade in Republic of Korea, year by year

Annual values for Trade, S1 - Payment restrictions for international trade in Republic of Korea, 1973 to 2014.
Year Value Change
1973 0.4375
1974 0.375 -14.3%
1975 0.375 +0.0%
1976 0.375 +0.0%
1977 0.375 +0.0%
1978 0.5 +33.3%
1979 0.5625 +12.5%
1980 0.625 +11.1%
1981 0.625 +0.0%
1982 0.625 +0.0%
1983 0.625 +0.0%
1984 0.625 +0.0%
1985 0.625 +0.0%
1986 0.625 +0.0%
1987 0.625 +0.0%
1988 0.625 +0.0%
1989 0.625 +0.0%
1990 0.625 +0.0%
1991 0.625 +0.0%
1992 0.625 +0.0%
1993 0.625 +0.0%
1994 0.625 +0.0%
1995 0.625 +0.0%
1996 0.625 +0.0%
1997 0.625 +0.0%
1998 0.625 +0.0%
1999 0.625 +0.0%
2000 0.625 +0.0%
2001 0.8125 +30.0%
2002 0.8125 +0.0%
2003 0.8125 +0.0%
2004 0.8125 +0.0%
2005 0.8125 +0.0%
2006 0.8125 +0.0%
2007 0.9375 +15.4%
2008 0.9375 +0.0%
2009 0.9375 +0.0%
2010 0.9375 +0.0%
2011 1 +6.7%
2012 1 +0.0%
2013 1 +0.0%
2014 1 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.4286 0.375 0.5625 7
1980s 0.625 0.625 0.625 10
1990s 0.625 0.625 0.625 10
2000s 0.8313 0.625 0.9375 10
2010s 0.9875 0.9375 1 5

Countries ranked near Republic of Korea

  1. 1 Australia 1 compare
  2. 1 Austria 1 compare
  3. 1 Belgium 1 compare
  4. 1 Bulgaria 1 compare
  5. 1 Canada 1 compare
  6. 1 Switzerland 1 compare
  7. 1 Chile 1 compare
  8. 1 Costa Rica 1 compare
  9. 1 Czechia 1 compare
  10. 1 Germany 1 compare
  11. 1 Denmark 1 compare
  12. 1 Spain 1 compare
  13. 1 Estonia 1 compare
  14. 1 Finland 1 compare
  15. 1 France 1 compare
  16. 1 United Kingdom of Great Britain and Northern Ireland 1 compare
  17. 1 Georgia 1 compare
  18. 1 Greece 1 compare
  19. 1 Guatemala 1 compare
  20. 1 Hong Kong, China 1 compare
  21. 1 Hungary 1 compare
  22. 1 Ireland 1 compare
  23. 1 Israel 1 compare
  24. 1 Italy 1 compare
  25. 1 Jamaica 1 compare
  26. 1 Jordan 1 compare
  27. 1 Japan 1 compare
  28. 1 Kyrgyzstan 1 compare
  29. 1 Lithuania 1 compare
  30. 1 Latvia 1 compare
  31. 1 Netherlands 1 compare
  32. 1 Norway 1 compare
  33. 1 New Zealand 1 compare
  34. 1 Peru 1 compare
  35. 1 Philippines 1 compare
  36. 1 Poland 1 compare
  37. 1 Portugal 1 compare
  38. 1 Paraguay 1 compare
  39. 1 Romania 1 compare
  40. 1 Singapore 1 compare
  41. 1 Sweden 1 compare
  42. 1 Uganda 1 compare
  43. 1 Uruguay 1 compare
  44. 1 United States of America 1 compare

See the full ranking of 90 places →

More trade data for Republic of Korea

All data for Republic of Korea →

Frequently asked questions

What is trade, s1 - payment restrictions for international trade in Republic of Korea?
Trade, s1 - payment restrictions for international trade in Republic of Korea was 1 in 2014, according to International Monetary Fund.
What is the highest trade, s1 - payment restrictions for international trade recorded in Republic of Korea?
The highest recorded value was 1 in 2011.
What is the lowest trade, s1 - payment restrictions for international trade recorded in Republic of Korea?
The lowest recorded value was 0.375 in 1974.
How does Republic of Korea rank for trade, s1 - payment restrictions for international trade?
Republic of Korea ranks 1st out of 90 countries with data for 2014.
Is trade, s1 - payment restrictions for international trade rising or falling in Republic of Korea?
Over the last ten years it is up 23.1%. The long-run trend across the full record is rising.
Where does this Republic of Korea data come from?
The figures come from International Monetary Fund, published as part of Trade, S1 - Payment restrictions for international trade. Statizoid updates them automatically from the source API.

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Trade, S1 - Payment restrictions for international trade in Republic of Korea. Statizoid, drawing on International Monetary Fund. Retrieved 26 August 2026, from https://trade.statizoid.com/stat/trade-s1-payment-restrictions-for-international-trade/korea-rep/

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About this data

Indicator
Trade, S1 - Payment restrictions for international trade
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
90 places, 3,480 data points, 1973–2014
Last refreshed

The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.