
South Korea: Current account forecast
* indicates monthly or quarterly data series
South Korea |
Current account balance forecast, percent of GDP |
---|---|
Latest value | 4.42 |
Reference | 2027 |
Measure | percent |
Source | International Monetary Fund |
For that indicator, we provide data for South Korea from 1980 to 2027. The average value for South Korea during that period was 1.58 percent with a minimum of -10.55 percent in 1980 and a maximum of 10.48 percent in 1998.
The latest value from 2027 is 4.42 percent. For comparison, the world average in 2027 based on 183
countries is -1.31 percent.
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use the country comparator to compare trends over time.
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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.