Korea, Rep.'s medium and high-tech exports (% manufactured exports) was 75.71% in 2024, the latest year in the World Bank's World Development Indicators. That is up 3.34 percentage points from 72.37% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 75.71% | 2024 |
| Five years earlier | 73.78% | 2019 |
| Ten years earlier | 72.37% | 2014 |
| Highest | 77.59% | 2020 |
| Lowest | 51.1% | 1990 |
| Average since 2015 | 74.89% | 2015–2024 |
| First recorded | 51.1% | 1990 |
What the numbers say
In 2024, Korea, Rep.'s medium and high-tech exports (% manufactured exports) rose 3.14 percentage points on 2023 (from 72.57% to 75.71%).
Across the 30 yearly changes before that (1994 to 2023), the average change was +0.45 percentage points and a typical year strayed about 2.28 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 5.21 percentage points in 1994 and the biggest yearly fall was 4 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 there is no clear straight-line trend: a straight line explains 15% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Korea, Rep. had the 10th highest value of the 152 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Korea, Rep. in the 2024 ranking
- Philippines — 6th of 152: 77.66%
- Hungary — 7th of 152: 77.39%
- Slovenia — 8th of 152: 75.9%
- Singapore — 10th of 152: 75.6%
- Slovak Republic — 11th of 152: 73.19%
- Germany — 12th of 152: 73.06%
What this measures
Share of medium and high-tech manufactured exports in total manufactured exports.
Limitations: Missing values at country level are imputed based on the methodology from Competitive Industrial Performance Report (UNIDO, 2017).
All 35 values
| Year | Medium and high-tech exports (% manufactured exports) |
|---|---|
| 2024 | 75.71 |
| 2023 | 72.57 |
| 2022 | 71.77 |
| 2021 | 75.77 |
| 2020 | 77.59 |
| 2019 | 73.78 |
| 2018 | 74.18 |
| 2017 | 75.45 |
| 2016 | 75.91 |
| 2015 | 76.13 |
| 2014 |
Medium and high-tech exports (% manufactured exports) in nearby economies
- Australia — 16.07% (2024)
- Brunei Darussalam — 11.97% (2024)
- Cambodia — 14% (2024)
- China — 63.35% (2024)
- Fiji — 12.88% (2024)
- Hong Kong SAR, China — 38.75% (2024)
- Indonesia — 33.11% (2024)
- Japan — 80.89% (2024)
- Lao PDR — 18.62% (2024)
- Macao SAR, China
More infrastructure data for Korea, Rep.
- Fixed telephone subscriptions — 21.29 million (2024)
- Fixed telephone subscriptions (per 100 people) — 41.17 (2024)
- Air transport, registered carrier departures worldwide — 459,735 (2023)
- Air transport, freight (million ton-km) — 12,294 (2023)
- Air transport, passengers carried — 76.27 million (2023)
- Mobile cellular subscriptions — 89.22 million (2024)
- Mobile cellular subscriptions (per 100 people) — 172.52 (2024)
- ICT service exports (BoP, current US$) — US$18.72 billion (2025)
- ICT service exports (% of service exports, BoP) — 12.47% (2025)
- Patent applications, nonresidents
Reading data like this
Questions people ask
- What is Korea, Rep.'s medium and high-tech exports (% manufactured exports)?
- 75.71% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 24.61 percentage points from 51.1% in 1990. The highest value was 77.59% in 2020 and the lowest 51.1% in 1990.
- How does Korea, Rep. rank?
- 10th highest of 152 economies with data for 2024.
- Is the latest change in medium and high-tech exports (% manufactured exports) unusual for Korea, Rep.?
- In 2024, Korea, Rep.'s medium and high-tech exports (% manufactured exports) rose 3.14 percentage points on 2023 (from 72.57% to 75.71%). Across the 30 yearly changes before that (1994 to 2023), the average change was +0.45 percentage points and a typical year strayed about 2.28 percentage points from that (the standard deviation). This year's change was 1.2 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator TX.MNF.TECH.ZS.UN, licensed CC BY 4.0. Original source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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