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Republic of Korea - Current account balance

78.5 (billion US dollars) in 2017

In 2017, current account balance for Republic of Korea was 78.5 billion US dollars. Though Republic of Korea current account balance fluctuated substantially in recent years, it tended to increase through 1998 - 2017 period ending at 78.5 billion US dollars in 2017.

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What is current account balance?

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.

What is Republic of Korea current account balance?

Date Value Change, %
2017 78.5 -20.94 %
2016 99.2 -6.32 %
2015 105.9 25.56 %
2014 84.4 3.97 %
2013 81.1 59.63 %
2012 50.8 172.49 %
2011 18.7 -35.33 %
2010 28.9 -14.12 %
2009 33.6 953.07 %
2008 3.2 -72.95 %
2007 11.8 230.48 %
2006 3.6