Though Republic of Korea current account balance fluctuated substantially in recent years, it tended to increase through 2007 - 2016 period ending at 101.6 billion US dollars in 2016.
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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