Korea - Current account balance
Current account balance (BoP, current US$)
The latest value for Current account balance (BoP, current US$) in Korea was $88,302,200,000 as of 2021. Over the past 45 years, the value for this indicator has fluctuated between $105,119,000,000 in 2015 and ($24,461,100,000) in 1996.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1976 | ($310,000,000) |
| 1977 | $12,000,000 |
| 1978 | ($1,085,000,000) |
| 1979 | ($4,151,000,000) |
| 1980 | ($6,845,000,000) |
| 1981 | ($6,421,900,000) |
| 1982 | ($5,542,100,000) |
| 1983 | ($3,505,600,000) |
| 1984 | ($1,755,800,000) |
| 1985 | ($2,079,300,000) |
| 1986 | $2,762,200,000 |
| 1987 | $8,827,700,000 |
| 1988 | $12,757,700,000 |
| 1989 | $3,766,400,000 |
| 1990 | ($2,804,200,000) |
| 1991 | ($8,033,500,000) |
| 1992 | ($2,901,200,000) |
| 1993 | $1,688,100,000 |
| 1994 | ($4,793,500,000) |
| 1995 | ($10,229,700,000) |
| 1996 | ($24,461,100,000) |
| 1997 | ($10,811,500,000) |
| 1998 | $40,112,800,000 |
| 1999 | $21,784,600,000 |
| 2000 | $10,180,800,000 |
| 2001 | $2,165,200,000 |
| 2002 | $4,066,100,000 |
| 2003 | $11,308,300,000 |
| 2004 | $29,289,900,000 |
| 2005 | $12,208,600,000 |
| 2006 | $2,094,800,000 |
| 2007 | $10,472,500,000 |
| 2008 | $1,753,000,000 |
| 2009 | $33,087,600,000 |
| 2010 | $27,950,500,000 |
| 2011 | $16,638,200,000 |
| 2012 | $48,790,600,000 |
| 2013 | $77,258,900,000 |
| 2014 | $83,029,600,000 |
| 2015 | $105,119,000,000 |
| 2016 | $97,923,700,000 |
| 2017 | $75,230,900,000 |
| 2018 | $77,466,500,000 |
| 2019 | $59,676,100,000 |
| 2020 | $75,902,200,000 |
| 2021 | $88,302,200,000 |
Current account balance (% of GDP)
Current account balance (% of GDP) in Korea was 4.63 as of 2020. Its highest value over the past 44 years was 10.46 in 1998, while its lowest value was -10.47 in 1980.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1976 | -1.04 |
| 1977 | 0.03 |
| 1978 | -2.09 |
| 1979 | -6.20 |
| 1980 | -10.47 |
| 1981 | -8.81 |
| 1982 | -7.07 |
| 1983 | -3.99 |
| 1984 | -1.80 |
| 1985 | -2.05 |
| 1986 | 2.36 |
| 1987 | 5.97 |
| 1988 | 6.39 |
| 1989 | 1.53 |
| 1990 | -0.99 |
| 1991 | -2.43 |
| 1992 | -0.82 |
| 1993 | 0.43 |
| 1994 | -1.03 |
| 1995 | -1.81 |
| 1996 | -4.01 |
| 1997 | -1.90 |
| 1998 | 10.46 |
| 1999 | 4.38 |
| 2000 | 1.77 |
| 2001 | 0.40 |
| 2002 | 0.65 |
| 2003 | 1.61 |
| 2004 | 3.69 |
| 2005 | 1.31 |
| 2006 | 0.20 |
| 2007 | 0.89 |
| 2008 | 0.17 |
| 2009 | 3.51 |
| 2010 | 2.44 |
| 2011 | 1.33 |
| 2012 | 3.82 |
| 2013 | 5.64 |
| 2014 | 5.59 |
| 2015 | 7.17 |
| 2016 | 6.53 |
| 2017 | 4.63 |
| 2018 | 4.49 |
| 2019 | 3.61 |
| 2020 | 4.63 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
