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Korea (South Korea) Current Account Balance (US Dollars) Statistics

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Country or Region: Korea (South Korea) › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Korea indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: South Korean Won
Currency Symbol: KRW

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. Source: CEIC Latest actual data: 2010 BOP Manual used: BPM 6 Primary domestic currency: Korean won Data last updated: 03/2011

Current Account Balance (US Dollars) Statistics for Korea (South Korea), Year 2010 - In Detail

Current Account Balance (US Dollars) for Korea in year 2010 is US$ 28.214 Billion

This makes Korea No. 13 in world rankings according to Current Account Balance (US Dollars) in year 2010. The world's average Current Account Balance (US Dollars) value is US$ 6.76 Billion; Korea is US$ 21.45 more than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for Korea was US$ 32.79 Billion Current Account Balance (US Dollars) for Korea in 2010 was or will be 13.96% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for Korea was or will be US$11.89 Billion, which is 57.86% less than the 2010 figure.

* Source: IMF
Current Account Balance (US Dollars) for Korea, in other Years
Year US$ Billion
  2016 10.144
  2015 10.326
  2014 10.861
  2013 11.584
  2012 11.619
  2011 11.89
2010 28.214
  2009 32.791
  2008 3.198
  2007 21.77
  2006 14.083
  2005 18.607
  2004 32.312
  2003 15.584
  2002 7.542
  2001 8.428
  2000 14.803
  1999 24.479
  1998 42.644
  1997 -8.183
  1996 -22.953
  1995 -8.012
  1994 -3.508
  1993 2.973
  1992 -2.24
  1991 -7.511
  1990 -1.39
  1989 5.267
  1988 14.838
  1987 10.779
  1986 4.492
  1985 -1.513
  1984 -0.386
  1983 -1.428
  1982 -2.134
  1981 -3.927
  1980 -5.312