South Korea Current Account to GDP  1980-2016 | Data | Chart | Calendar

South Korea recorded a Current Account surplus of 6.30 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in South Korea averaged 1.49 percent from 1980 until 2014, reaching an all time high of 11.90 percent in 1998 and a record low of -8.30 percent in 1980. Current Account to GDP in South Korea is reported by the The Bank of Korea.

South Korea Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
6.30 5.80 11.90 -8.30 1980 - 2014 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - South Korea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on February of 2016.


South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 5362.41 7160.00 10320.00 -4043.45 USD Million [+]
Exports 36761.97 42600.00 51600.00 14.75 USD Million [+]
Imports 31399.56 35500.00 45899.19 38.61 USD Million [+]
Current Account 7459.50 9910.30 11872.30 -3756.80 USD Million [+]
Current Account to GDP 6.30 5.80 11.90 -8.30 percent [+]
External Debt 409093.40 420587.30 442174.10 83622.00 USD Million [+]
Terms of Trade 142.80 135.90 146.30 13.10 Index Points [+]
Foreign Direct Investment 7639000.00 4399000.00 7639000.00 114.00 USD Thousand [+]
Capital Flows 7757.20 -8680.00 7757.20 -12299.90 USD Million [+]
Tourism Revenues 1261.00 1342.00 1765.00 327.00 USD Million [+]
Tourist Arrivals 1116450.00 1150074.00 1454078.00 213006.00 [+]
Gold Reserves 104.40 104.40 104.44 13.00 Tonnes [+]
Terrorism Index 0.00 0.00 2.62 0.00 [+]




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Dominican Republic -3.10 Dec/14
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Brazil -3.32 Dec/15
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Ukraine -3.50 Dec/14
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