Korea, Republic of vs Lower middle income: Imports Merchandise, Customs, constant US$, millions

Korea, Republic of
642,244
in 2024
Lower middle income
566,853
in 2024
Korea, Republic of rank
8th
Lower middle income rank
6th

Imports Merchandise, Customs, constant US$, millions over time

  • Korea, Republic of
  • Lower middle income
0200.0k400.0k600.0k199120072024

How they compare

Korea, Republic of currently reports 642,244 against 566,853 in Lower middle income, a difference of 75,391.

That makes Korea, Republic of's figure about 1.1 times Lower middle income's.

Across all 30 years both countries report, Korea, Republic of has been ahead every year.

Korea, Republic of ranks 8th and Lower middle income ranks 6th of 47 countries.

Korea, Republic of has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Korea, Republic of Lower middle income Difference Ahead
1990s 201,115 54,030 147,085 Korea, Republic of
2000s 317,899 103,976 213,923 Korea, Republic of
2010s 492,812 264,191 228,621 Korea, Republic of
2020s 628,689 482,840 145,849 Korea, Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher imports merchandise, customs, constant us$, millions, Korea, Republic of or Lower middle income?
Korea, Republic of, at 642,244 against 566,853 in Lower middle income as of 2024.
What is the difference in imports merchandise, customs, constant us$, millions between Korea, Republic of and Lower middle income?
75,391, with Korea, Republic of ahead.
How many years of comparable data are there for Korea, Republic of and Lower middle income?
30 years are reported by both, from 1995 to 2024.
How do Korea, Republic of and Lower middle income rank globally for imports merchandise, customs, constant us$, millions?
Korea, Republic of ranks 8th and Lower middle income ranks 6th of 47 countries.
Where does this data come from?
World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Imports Merchandise, Customs, constant US$, millions. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea, Republic of vs Lower middle income: Imports Merchandise, Customs, constant US$, millions. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 18 August 2026, from https://reference.statizoid.com/compare/imports-merchandise-customs-constant-us-millions/korea-rep/lower-middle-income/

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About this data

Indicator
Imports Merchandise, Customs, constant US$, millions
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
54 places, 1,507 data points, 1991–2024
Last refreshed

Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in constant US$ millions, not seasonally adjusted. The base year is 2005.