Imports of goods and services, Volume, Cost … CIF, 9/26/2025 in South Korea
South Korea: Imports of goods and services, Volume, Cost … CIF, 9/26/2025 was 3.25 in 2031. ◆ Volatile
Imports of goods and services, Volume, Cost insurance freight (CIF) in South Korea, 1980–2031
Source: International Monetary Fund.
Analysis
The most recent figure for imports of goods and services, volume, cost insurance freight (cif) in South Korea is 3.25, measured in 2031.
That represents a change of down 1.0% on the previous year and down 68.1% over ten years.
Over the whole period, imports of goods and services, volume, cost insurance freight (cif) in South Korea peaked at 33.32 in 1986 and was at its lowest, -24.59, in 1998.
That places South Korea 13th out of 26 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services, Volume, Cost … CIF, 9/26/2025 in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | -5.32 | — |
| 1981 | 4.72 | -188.7% |
| 1982 | 1.61 | -66.0% |
| 1983 | 6.8 | +323.6% |
| 1984 | 4.28 | -37.0% |
| 1985 | -2.09 | -148.8% |
| 1986 | 33.32 | -1695.1% |
| 1987 | 18.14 | -45.6% |
| 1988 | 13.17 | -27.4% |
| 1989 | 15.88 | +20.6% |
| 1990 | 13.39 | -15.7% |
| 1991 | 19.97 | +49.2% |
| 1992 | 4.65 | -76.7% |
| 1993 | 7.05 | +51.8% |
| 1994 | 25.77 | +265.4% |
| 1995 | 23.23 | -9.8% |
| 1996 | 13.82 | -40.5% |
| 1997 | 1.8 | -87.0% |
| 1998 | -24.59 | -1468.3% |
| 1999 | 24.6 | -200.1% |
| 2000 | 22.44 | -8.8% |
| 2001 | -3.51 | -115.6% |
| 2002 | 15.14 | -531.2% |
| 2003 | 10.6 | -29.9% |
| 2004 | 12.01 | +13.3% |
| 2005 | 7.98 | -33.6% |
| 2006 | 12.61 | +58.0% |
| 2007 | 11.49 | -8.9% |
| 2008 | 3.36 | -70.8% |
| 2009 | -6.61 | -296.9% |
| 2010 | 17.82 | -369.7% |
| 2011 | 14.58 | -18.2% |
| 2012 | 2.63 | -82.0% |
| 2013 | 1.86 | -29.3% |
| 2014 | 1.37 | -26.4% |
| 2015 | 1.94 | +42.1% |
| 2016 | 5.43 | +179.5% |
| 2017 | 7.92 | +45.9% |
| 2018 | 1.64 | -79.3% |
| 2019 | -2.02 | -223.4% |
| 2020 | -3.26 | +61.5% |
| 2021 | 10.19 | -412.5% |
| 2022 | 4.15 | -59.2% |
| 2023 | 3.01 | -27.4% |
| 2024 | 2.49 | -17.5% |
| 2025 | 3.84 | +54.6% |
| 2026 | 3.48 | -9.5% |
| 2027 | 3.99 | +14.8% |
| 2028 | 2.97 | -25.7% |
| 2029 | 3.14 | +5.8% |
| 2030 | 3.29 | +4.8% |
| 2031 | 3.25 | -1.0% |
South Korea compared with similar countries
- South Korea's 3.25 is above the median for high income countries, which is 3.2, 1.0× the median. (13 countries reporting)
- South Korea's 3.25 is above the median for East Asia & Pacific, which is 2.82, 1.2× the median. (7 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services, Volume, Cost … CIF, 9/26/2025 in South 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 |
|---|---|---|---|
| 1986 | +1695.1% | -2.09 | 33.32 |
| 1998 | -1468.3% | 1.8 | -24.59 |
| 2002 | +531.2% | -3.51 | 15.14 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.05 | -5.32 | 33.32 | 10 |
| 1990s | 10.97 | -24.59 | 25.77 | 10 |
| 2000s | 8.55 | -6.61 | 22.44 | 10 |
| 2010s | 5.32 | -2.02 | 17.82 | 10 |
| 2020s | 3.4 | -3.26 | 10.19 | 10 |
| 2030s | 3.27 | 3.25 | 3.29 | 2 |
Countries ranked near South Korea
More financial sector data for South Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services, volume, cost insurance freight (cif) in South Korea?
- Imports of goods and services, volume, cost insurance freight (cif) in South Korea was 3.25 in 2031, according to International Monetary Fund.
- What is the highest imports of goods and services, volume, cost insurance freight (cif) recorded in South Korea?
- The highest recorded value was 33.32 in 1986.
- What is the lowest imports of goods and services, volume, cost insurance freight (cif) recorded in South Korea?
- The lowest recorded value was -24.59 in 1998.
- How does South Korea rank for imports of goods and services, volume, cost insurance freight (cif)?
- South Korea ranks 13th out of 26 countries with data for 2031.
- Is imports of goods and services, volume, cost insurance freight (cif) rising or falling in South Korea?
- Over the last ten years it is down 68.1%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Imports of goods and services, Volume, Cost insurance freight (CIF), Percent change (9/26/2025). Statizoid updates them automatically from the source API.
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About this data
The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.