SOUTH KOREA CURRENT ACCOUNT BALANCE IN PERCENT OF GDP


THE CURRENT ACCOUNT BALANCE IN PERCENT OF GDP IN SOUTH KOREA WAS REPORTED AT 5.13 PERCENT OF GDP IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). IN 2015, SOUTH KOREA'S CURRENT ACCOUNT BALANCE IN PERCENT OF GDP IS EXPECTED TO BE 1.92 PERCENT OF GDP. 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. IN 2009, SOUTH KOREA'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 1.94 PERCENT. IN 2015, SOUTH KOREA'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 1.98 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR SOUTH KOREA'S CURRENT ACCOUNT BALANCE IN PERCENT OF GDP.



 south korea current account balance in percent of gdp imf data




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IMF Data Specifications


CountrySouth Korea
Subject DescriptorCurrent account balance
Subject NotesCurrent 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.
UnitsPercent of GDP
Scale 
Country/Series-specific NotesSee notes for: Gross domestic product; current prices (National currency) Current account balance (U.S. dollars).
Estimates Start After2009
TitleSouth Korea Current account balance in percent of GDP
KeywordsSouth Korea Current account balance in percent of GDP, South Korea Current account balance in percent of GDP data,South Korea Current account balance in percent of GDP chart,South Korea Current account balance in percent of GDP historical data,South Korea Current account balance in percent of GDP graph,South Korea Current account balance in percent of GDP forecast.