24Peaks / Asia / South Korea / Internet Penetration and E-commerce Sales

South Korea - Internet Penetration and E-commerce Sales 97.9

World Bank WDI · updated 2026-10-15 · 213 economies tracked

Latest value

97.9 (2024)

Global rank

#n/a of 213 economies

vs global median

1.2×

Growth since 1990

4895×

Ranking Race — Internet Penetration and E-commerce Sales

1 = global #1 · higher value ranks higher

#1#21#41#61#81#10119901995200020052010201520202025#17#132018 overtook Denmark2024 overtook Malaysia
South KoreaKuwaitLuxembourgSwitzerlandSweden

Real annual global ranks, 1990 - 2025. South Korea climbed from #17 to #13 (overtook Denmark). Gaps in a lane = missing data that year.

Key events for South Korea ↓

Key Events — South Korea

Auto-detected from rank data + curated milestones

1997
IMF crisis curated

Currency crisis forces an IMF bailout and deep restructuring.

1999
Climbed 19 places in global rank auto
1999
V-shaped recovery curated

Rapid reform-driven rebound from the Asian crisis.

2009
Global crisis slowdown curated

Export slump hits growth before a fast recovery.

2018
Overtook Denmark in global rank auto
2020
COVID-19 management curated

Economy contracts slightly while exports stay resilient.

2024
Overtook Malaysia in global rank auto

Internet Penetration and E-commerce Sales, 1990-2024

World Bank WDI · % of population · linear scale · ranking in the race above
199020002010202020240.0232.6565.2797.9
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