South Korea: Current account forecast

The latest value from 2030 is 3.96 percent, an increase from 3.87 percent in 2029. In comparison, the world average is -0.96 percent, based on data from 181 countries. Historically, the average for South Korea from 1980 to 2030 is 1.57 percent. The minimum value, -10.37 percent, was reached in 1980 while the maximum of 10.11 percent was recorded in 1998. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: The 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 series includes actual historical values for past years and forecast values for the current and the next few years.