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South Korea Current Account Value and percent from GDP

South Korea Current Account Data

Indicator Data Period
Current Account to GDP 4.9 % 2021
Current Account -4520 USD Million | -4.52 B USD Jan/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     South Korea - Historical Data (%)

What is ratio of South Korea Current Account to GDP?

  • The surplus of Current Account to GDP in South Korea increased to 4.9 % in 2021. The maximum surplus was 10.7 % and deficit was -10.5 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
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
6 2014 31.12.2014


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)

Current Account
                     South Korea - Historical Data (USD Million)

What is South Korea Current Account Deficit?

  • The surplus of Current Account in South Korea decreased to 4520 USD Million (4.52 B USD) in January 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
-4520 Jan/23 09.03.2023
2680 Dec/22 07.02.2023
-620 Nov/22 10.01.2023
880 Oct/22 09.12.2022
1610 Sep/22 08.11.2022
-3050 Aug/22 07.10.2022
1090 Jul/22 07.09.2022
5610 Jun/22 04.08.2022


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 Mar/23 -5.27 B USD -5.3
Capital Flows Jan/23 -0.626 B USD 5.08
Exports Feb/23 50.1 B USD 46.27
Foreign Exchange Reserves Feb/23 425.29 B USD 429.97
Imports Feb/23 55.404 B USD 58.96
Terms of Trade  Jan/23 84.8 in. pt. 85.4
Tourist Arrivals Jan/23 0.434 Million Persons 0.536

Current Account to GDP in other countries

Country Updated Actual Previous
Bangladesh 2021 -1.1 % -1.4
Jordan 2021 -8.8 % -5.7
Kyrgyzstan 2021 -8.5 % 4.3
Mongolia 2021 -12.8 % -5.1
Nepal 2021 -7.8 % -0.9
Palestine 2021 -8.2 % -6.9
Tajikistan 2021 8.4 % 4.1
Cambodia 2021 -48 % -8.5
China 2022 2.3 % 1.8
Georgia 2021 -9.8 % -12.4
India 2021 -1.2 % 0.9
Israel 2021 4.7 % 5.5
Pakistan 2022 -4.6 % -0.6
South Korea 2021 4.9 % 4.6
Taiwan 2022 14.8 % 14.8
Vietnam 2021 -0.5 % 4.4
Maldives 2021 -9 % -35.5
Armenia 2021 -2.5 % -4
Hong Kong 2022 10.7 % 11.8
Indonesia 2022 1 % 0.3
Japan 2022 1.9 % 3.9
Kazakhstan 2021 -3 % -3.8
Lebanon 2021 -12.9 % -9.4
Macau 2021 13.8 % 15.2
Malaysia 2022 2.6 % 3.8
Philippines 2022 -4.4 % -1.5
Qatar 2021 14.7 % -2.1
Singapore 2022 19.3 % 18
Sri Lanka 2021 -4 % -1.5
Thailand 2021 -2.2 % 4.2
Oman 2021 -5 % -12
Iran 2021 0.7 % -0.1
Laos 2021 2.35 % -1.21
Azerbaijan 2021 15.2 % -0.5
Kuwait 2021 16.1 % 3.2
Saudi Arabia 2021 6.6 % -2.8
Bahrain 2021 6.7 % -9.3
United Arab Emirates 2021 11.7 % 5.9
Yemen 2018 -0.01 % -0.1
Turkmenistan 2021 0.6 % 0.5
Uzbekistan 2021 -7 % -5.4
Iraq 2021 7.8 % -10.8
Syria 2010 -0.62 % -2.15
Afghanistan 2020 -17 % -21.2
Bhutan 2022 -33.8 % -12.4
Brunei 2021 4.6 % 4.3
Mauritius 2021 -13.6 % -9.2