South Korea Current Account  1980-2017 | Data | Chart | Calendar

South Korea's current account suplus widened to USD 8.40 billion in February of 2017 from USD 7.62 billion in the same month of last year. The goods account surplus widened to USD 10.55 billion, compared to USD 7.93 billion in February of last year. Meanwhile, the services account deficit widened to USD 2.23 billion (from a USD 1.16 gap in February of 2016), explained by larger deficits in the travel and transport accounts. Current Account in South Korea averaged 1369.69 USD Million from 1980 until 2017, reaching an all time high of 12086.30 USD Million in June of 2016 and a record low of -3756.80 USD Million in August of 2008.

South Korea Current Account
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-02 11:00 PM Dec $7.87B $8.89B $ 8.9B
2017-03-02 11:00 PM Jan $5.28B $7.87B $ 8.2B
2017-04-04 11:00 PM Feb $8.4B $5.28B $ 6.8B
2017-05-03 11:00 PM Mar $8.4B $11.7B
2017-06-04 11:00 PM Apr $ 7.3B
2017-07-04 11:00 PM May $ 9.8B




South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 6550.00 7060.00 11371.62 -4043.45 USD Million [+]
Exports 48894.00 43189.00 51600.00 14.75 USD Million [+]
Imports 42314.00 35966.00 45899.19 38.61 USD Million [+]
Current Account 8400.00 5277.80 12086.30 -3756.80 USD Million [+]
Current Account to GDP 7.70 6.00 10.70 -10.50 percent [+]
External Debt 380948.90 400155.80 452750.80 80766.40 USD Million [+]
Terms of Trade 103.40 102.80 237.00 86.10 Index Points [+]
Foreign Direct Investment 3851000.00 6249699.00 7638784.00 0.00 USD Thousand [+]
Capital Flows 9203.60 4387.90 12277.90 -3385.80 USD Million [+]
Tourism Revenues 1283300.00 1208500.00 1765400.00 326500.00 USD Million [+]
Tourist Arrivals 1252080.00 1220695.00 1703495.00 213006.00 [+]
Gold Reserves 104.40 104.40 104.44 13.00 Tonnes [+]
Terrorism Index 0.23 0.00 2.62 0.00 [+]
Weapons Sales 105.00 163.00 331.00 7.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



South Korea Current Account Notes

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - South Korea Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Current Account - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8400.00 5277.80 12086.30 -3756.80 1980 - 2017 USD Million Monthly
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