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.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.