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Republic of Korea - Current account balance

98.7
(billion US dollars)
in 2016

Though Republic of Korea current account balance fluctuated substantially in recent years, it tended to increase through 1997 - 2016 period ending at 98.7 billion US dollars in 2016.

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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.

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Date Value Change, %
2016 98.7 -6.86 %
2015 105.9 25.56 %
2014 84.4 3.97 %
2013 81.1 59.63 %
2012 50.8 172.49 %
2011 18.7 -35.33 %
2010 28.9 -14.12 %
2009 33.6 953.07 %
2008 3.2 -72.95 %
2007 11.8 230.48 %
2006 3.6 -71.80 %
2005 12.7