Explore South Korea:Overview of the economy
Population size, composition, health and education
Infrastructure: transport, communications and energy
Religious composition of the population
Crime rates and rankings
South Korea: Trade balance as percent of GDP: For that indicator, The World Bank provides data for South Korea from 1960 to 2015. The average value for South Korea during that period was -1.87 percent with a minumum of -13.02 percent in 1968 and a maximum of 11.81 percent in 1998.
The trade balance for South Korea and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit. Trade balance, percent of GDP rankings around the world. Create and download charts for South Korea Trade balance, percent of GDP and other indicators with the country comparator.
World Bank definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).