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. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


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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.
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