Korea - 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 |
Periodicity: Annual
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
