South Korea
Current account balance
The current account balance summarizes trade income and cross-border transfers. As a share of GDP, it helps compare external surpluses and deficits across economies.
Current account balance - South Korea
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The reading right now
As of January 2024, Current account balance for South Korea stood at 5.33%. That is up 3.6 percentage points from the prior year. Over the trailing five years, the series has averaged 3.42%, ranging from a low of 1.29% in January 2022 to a high of 5.33% in January 2024. The current reading sits 1 percentage points above its trailing ten-year mean of 4.32%.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.