South Korea Current Account Value and percent from GDP
South Korea Current Account Data
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 3.2 % | 2022 |
| Current Account | 4810 USD Million | 4.81 B USD | Aug/23 |
Latest data on Current Account to GDP (%)
What is ratio of South Korea Current Account to GDP?
- The surplus of Current Account to GDP in South Korea decreased to 3.2 % in 2022. The maximum surplus was 10.7 % and deficit was -10.5 %
- Data published Yearly by Central Bank.
Historical Data (%) by years
Data
Period
Date
| 3.2 | 2022 | 29.03.2023 |
| 4.9 | 2021 | 21.09.2022 |
| 3.5 | 2020 | 25.02.2021 |
| 3.7 | 2019 | 22.04.2020 |
| 4.7 | 2018 | 04.04.2019 |
| 5.6 | 2017 | 03.04.2018 |
| 7 | 2016 | 11.08.2017 |
| 7.7 | 2015 | 31.12.2015 |
Historical Chart by presidents (%)
Current Account to GDP in South Korea by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Mun Jaei-n | 10.05.2017 - | 7.0000 | 5.6000 | 7.0000 | 5.6000 | -20.00% |
| Park Geun-hye | 25.02.2013 - 10.05.2017 | 6.2000 | 7.0000 | 7.7000 | 6.0000 | 12.90% |
| Lee Myung-bak | 25.02.2008 - 25.02.2013 | 0.3000 | 4.2000 | 4.2000 | 0.3000 | 1300.00% |
| Roh Moo-hyun | 25.02.2003 - 25.02.2008 | 1.7000 | 1.1000 | 3.9000 | 0.4000 | -35.29% |
| Kim Dae-jung | 25.02.1998 - 25.02.2003 | 10.7000 | 0.8000 | 10.7000 | 0.5000 | -92.52% |
| Kim Youngs-am | 25.02.1993 - 25.02.1998 | 0.5000 | -1.8000 | 0.5000 | -4.0000 | -460.00% |
| Roh Tae-woo | 25.02.1988 - 25.02.1993 | 6.6000 | -0.7000 | 6.6000 | -2.3000 | -110.61% |
Latest data on Current Account (USD Million)
What is South Korea Current Account Deficit?
- The surplus of Current Account in South Korea increased to 4810 USD Million (4.81 B USD) in August 2023. The maximum value was 12410 USD Million and minimum was -3845 USD Million.
- Data published Monthly by Central Bank.
Historical Data (USD Million) by years
Data
Period
Date
| 4810 | Aug/23 | 11.10.2023 |
| 3579 | Jul/23 | 08.09.2023 |
| 5874 | Jun/23 | 07.08.2023 |
| 1927 | May/23 | 14.07.2023 |
| -790 | Apr/23 | 09.06.2023 |
| 270 | Mar/23 | 10.05.2023 |
| -518 | Feb/23 | 06.04.2023 |
| -4520 | Jan/23 | 09.03.2023 |
Historical Chart by presidents (USD Million)
Current Account in South Korea by presidents
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Mun Jaei-n | 10.05.2017 - | 5937.3000 | 1770.0000 | 12205.0000 | 1770.0000 | -70.19% |
| Park Geun-hye | 25.02.2013 - 10.05.2017 | 2473.1000 | 3891.1000 | 12086.3000 | 1870.1000 | 57.34% |
| Lee Myung-bak | 25.02.2008 - 25.02.2013 | -2119.5000 | 1969.3000 | 8413.0000 | -3756.8000 | -192.91% |
| Roh Moo-hyun | 25.02.2003 - 25.02.2008 | -685.5000 | -553.8000 | 4554.6000 | -3308.1000 | -19.21% |
| Kim Dae-jung | 25.02.1998 - 25.02.2003 | 4283.2000 | -2142.0000 | 4545.6000 | -2142.0000 | -150.01% |
| Kim Youngs-am | 25.02.1993 - 25.02.1998 | -334.8000 | 2449.2000 | 2449.2000 | -3458.9000 | -831.54% |
| Roh Tae-woo | 25.02.1988 - 25.02.1993 | 899.4000 | -761.1000 | 1704.0000 | -1485.0000 | -184.62% |
Other trade indicators in South Korea
| Index | Updated | Actual | Previous |
| Weapons Sales | 2022 | 209 M USD | 544 |
| Balance of Trade | Sep/23 | 3.7 B USD | 0.879 |
| Capital Flows | Aug/23 | 5.701 B USD | 3.351 |
| Exports | Sep/23 | 54.66 B USD | 51.881 |
| Foreign Exchange Reserves | Sep/23 | 414.118 B USD | 418.301 |
| Imports | Sep/23 | 50.963 B USD | 51.002 |
| Terms of Trade | Aug/23 | 86.5 in. pt. | 86.7 |
| Tourist Arrivals | Jul/23 | 1.032 Million Persons | 0.961 |
Current Account to GDP in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | -4.1 % | -1.1 |
| Jordan | 2022 | -6.7 % | -8.8 |
| Kyrgyzstan | 2022 | -26.8 % | -8.5 |
| Mongolia | 2022 | -15.8 % | -12.8 |
| Nepal | 2022 | -12.8 % | -7.8 |
| Palestine | 2022 | -15 % | -9.8 |
| Tajikistan | 2022 | 6.2 % | 8.2 |
| Cambodia | 2022 | -26.9 % | -47.9 |
| China | 2022 | 2.2 % | 1.8 |
| Georgia | 2022 | -3.1 % | -10.4 |
| India | 2022 | -2.6 % | -1.2 |
| Israel | 2022 | 2.5 % | 4.7 |
| Pakistan | 2023 | -0.7 % | -4.7 |
| South Korea | 2022 | 3.2 % | 4.9 |
| Taiwan | 2022 | 14.8 % | 14.8 |
| Vietnam | 2022 | -0.9 % | -2.1 |
| Maldives | 2022 | -16.6 % | -8.4 |
| Armenia | 2022 | 0.1 % | -3.7 |
| Hong Kong | 2022 | 10.7 % | 11.8 |
| Indonesia | 2022 | 1 % | 0.3 |
| Japan | 2022 | 1.9 % | 3.9 |
| Kazakhstan | 2022 | 3 % | -2.9 |
| Lebanon | 2021 | -12.9 % | -9.4 |
| Macau | 2022 | -2.4 % | 13.8 |
| Malaysia | 2022 | 2.6 % | 3.8 |
| Philippines | 2022 | -4.4 % | -1.5 |
| Qatar | 2022 | 26 % | 14.7 |
| Singapore | 2022 | 19.3 % | 18 |
| Sri Lanka | 2022 | -1.9 % | -3.8 |
| Thailand | 2022 | -0.5 % | -2.2 |
| Oman | 2022 | 3.2 % | -4.9 |
| Iran | 2022 | 4.7 % | 3.9 |
| Laos | 2022 | -0.07 % | 2.35 |
| Azerbaijan | 2022 | 30.5 % | 15.2 |
| Kuwait | 2022 | 28.5 % | 23.7 |
| Saudi Arabia | 2022 | 13.8 % | 5.1 |
| Bahrain | 2022 | 15.4 % | 6.6 |
| United Arab Emirates | 2022 | 11.7 % | 11.6 |
| Yemen | 2018 | -0.01 % | -0.1 |
| Turkmenistan | 2022 | 5.7 % | 6.5 |
| Uzbekistan | 2022 | 1.4 % | -7 |
| Iraq | 2022 | 16.3 % | 7.8 |
| Syria | 2010 | -0.62 % | -2.15 |
| Afghanistan | 2020 | -17.3 % | -2.7 |
| Bhutan | 2022 | -33.8 % | -12.4 |
| Brunei | 2022 | 11.2 % | 4.6 |
| Mauritius | 2021 | -13.8 % | -11.7 |
