Korea vs Lower middle income: Imports Merchandise, Customs, constant US$, millions, seas. adj.
Korea
655,698
in 2024
Lower middle income
561,576
in 2024
Korea rank
8th
Lower middle income rank
6th
Imports Merchandise, Customs, constant US$, millions, seas. adj. over time
- Korea
- Lower middle income
How they compare
Korea currently reports 655,698 against 561,576 in Lower middle income, a difference of 94,122.
That makes Korea's figure about 1.2 times Lower middle income's.
Across all 30 years both countries report, Korea has been ahead every year.
Korea ranks 8th and Lower middle income ranks 6th of 47 countries.
Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Korea | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 205,266 | 53,546 | 151,720 | Korea |
| 2000s | 324,718 | 102,121 | 222,597 | Korea |
| 2010s | 503,460 | 261,286 | 242,174 | Korea |
| 2020s | 641,996 | 479,597 | 162,399 | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports merchandise, customs, constant us$, millions, seas. adj., Korea or Lower middle income?
- Korea, at 655,698 against 561,576 in Lower middle income as of 2024.
- What is the difference in imports merchandise, customs, constant us$, millions, seas. adj. between Korea and Lower middle income?
- 94,122, with Korea ahead.
- How many years of comparable data are there for Korea and Lower middle income?
- 30 years are reported by both, from 1995 to 2024.
- How do Korea and Lower middle income rank globally for imports merchandise, customs, constant us$, millions, seas. adj.?
- Korea ranks 8th and Lower middle income ranks 6th of 47 countries.
- Where does this data come from?
- World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Imports Merchandise, Customs, constant US$, millions, seas. adj.. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Merchandise (goods) exports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, seasonally adjusted. The base year is 2005.