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

21, Apr 2019, EDT.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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: Central Bank Latest actual data: 2014 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: Korean won Data last updated: 03/2016

Current Account Balance (US Dollars) Statistics for Korea (South Korea), Year 2015 - In Detail

Current Account Balance (US Dollars) for Korea in year 2015 is US$ 105.871 Billion. 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.

This makes Korea No. 4 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Korea is US$ 98.83 more than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Korea was US$ 84.37 Billion Current Account Balance (US Dollars) for Korea in 2015 was or will be 25.48% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Korea was or will be US$108.93 Billion, which is 2.89% more than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Korea, in other Years
Year US$ Billion
  2021 90.639
  2020 92.72
  2019 94.902
  2018 96.876
  2017 101.862
  2016 108.932
2015 105.871
  2014 84.373
  2013 81.148
  2012 50.835
  2011 18.656
  2010 28.85
  2009 33.593
  2008 3.19
  2007 11.795
  2006 3.569
  2005 12.655
  2004 29.743
  2003 11.877
  2002 4.693
  2001 2.7
  2000 10.444
  1999 21.608
  1998 40.057
  1997 -10.285
  1996 -23.831
  1995 -9.752
  1994 -4.464
  1993 2.026
  1992 -2.432
  1991 -7.605
  1990 -2.404
  1989 4.155
  1988 13.055
  1987 8.828
  1986 2.762
  1985 -2.079
  1984 -1.756
  1983 -3.506
  1982 -5.542
  1981 -6.422
  1980 -6.845