Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) for Korea, Rep.

Indicator Definition:
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

The indicator "Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)" stands at 35.14 as of 12/31/2023, the lowest value since 12/31/2012.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -9.26 percent compared to the value the year prior.
The 1 year change in percent is -9.26.
The 3 year change in percent is -17.08.
The 5 year change in percent is -15.98.
The 10 year change in percent is -5.96.

The Serie's long term average value is 16.89. It's latest available value, on 12/31/2023, is 108.03 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/1960, to it's latest available value, on 12/31/2023, is +10,476.38%.
The Serie's change in percent from it's maximum value, on 12/31/2020, to it's latest available value, on 12/31/2023, is -17.08%.