South Korea Current Account to GDP 1980-2014 | Data | Chart | Calendar

South Korea recorded a Current Account surplus of 5.80 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in South Korea averaged 1.35 Percent from 1980 until 2013, 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.

   
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South Korea Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
5.80 4.30 11.90 -8.30 1980 - 2013 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. Content for - South Korea Current Account to GDP - was last refreshed on Wednesday, November 26, 2014.

South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 7500.00 3430.00 7500.00 -4043.45 USD Million [+]
Exports 51800.00 47691.00 51800.00 14.75 USD Million [+]
Imports 44300.00 44300.00 45899.19 38.61 USD Million [+]
Current Account 7624.60 7274.00 11107.90 -3756.80 USD Million [+]
Current Account to GDP 5.80 4.30 11.90 -8.30 percent [+]
External Debt 429053.30 442174.10 442174.10 83622.00 USD Million [+]
Terms of Trade 118.10 111.60 123.60 13.10 Index Points [+]
Foreign Direct Investment 4484000.00 5272619.00 7065714.00 114.00 USD Thousand [+]
Capital Flows -8763.50 -7791.20 3027.80 -11596.00 USD Million [+]
Tourist Arrivals 1317482.00 1245777.00 1454078.00 213006.00 [+]
Gold Reserves 104.44 104.44 104.44 13.00 Tonnes [+]
Gold Reserves 104.44 104.44 104.44 13.00 Tonnes [+]


Current Account to GDP Reference Previous Highest Lowest Unit
Australia -2.90 Dec/13 -4.10 1.40 -6.70 percent [+]
Brazil -3.66 Dec/13 -2.40 1.80 -8.20 percent [+]
Canada -3.20 Dec/13 -3.40 2.70 -4.20 percent [+]
China 2.00 Dec/13 2.60 10.10 -3.70 percent [+]
Euro Area 2.40 Dec/13 1.40 2.40 -1.50 percent [+]
France -1.30 Dec/13 -2.20 2.70 -2.20 percent [+]
Germany 7.50 Dec/13 7.40 7.50 -1.70 percent [+]
India -1.70 Dec/13 -4.70 1.50 -4.70 percent [+]
Indonesia -3.30 Dec/13 -2.80 4.80 -6.80 percent [+]
Italy 1.00 Dec/13 -0.30 3.20 -3.70 percent [+]
Japan 0.70 Dec/13 1.10 4.80 -1.00 percent [+]
Mexico -1.80 Dec/13 -1.20 3.40 -6.10 percent [+]
Netherlands 10.40 Dec/13 9.50 10.40 -1.00 percent [+]
Russia 1.56 Dec/13 3.60 18.00 -1.40 percent [+]
South Korea 5.80 Dec/13 4.30 11.90 -8.30 percent [+]
Spain 0.80 Dec/13 -1.20 1.50 -10.00 percent [+]
Switzerland 13.50 Dec/12 8.50 15.60 -0.60 percent [+]
Turkey -7.90 Dec/13 -6.00 2.00 -9.70 percent [+]
United Kingdom -4.40 Dec/13 -3.80 1.90 -4.90 percent [+]
United States -2.30 Dec/13 -2.70 0.20 -6.00 percent [+]