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South Korea Current account balance (% of GDP) 2026: Interactive Chart & Historical Data

Current account balance (% of GDP) in South Korea stood at 6.5% of GDP in 2025, according to IMF. The latest value is up 1.2 percentage points from 5.3% of GDP in 2024. Ten years earlier, in 2015, the value was 6.8% of GDP (down 0.3 percentage points since). The highest value since 1980 was 10.1% of GDP in 1998, the lowest -10.4% of GDP in 1980. South Korea ranked 10th highest of the 52 countries in this dataset in 2025; Singapore ranked first.

Data source: IMF · Unit: % of GDP · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1980–2031
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What is Current account balance (% of GDP)?

Current account balance (% of GDP), measured in % of GDP, measures the total economic output of South Korea. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In South Korea, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Current account balance (% of GDP) in South Korea?

Current account balance (% of GDP) in South Korea stood at 6.5% of GDP in 2025, according to IMF.

Is Current account balance (% of GDP) in South Korea rising or falling?

The latest value is up 1.2 percentage points from 5.3% of GDP in 2024. Ten years earlier, in 2015, the value was 6.8% of GDP (down 0.3 percentage points since).

How does South Korea rank for Current account balance (% of GDP)?

South Korea ranked 10th highest of the 52 countries in this dataset in 2025; Singapore ranked first.

What is the highest Current account balance (% of GDP) on record in South Korea?

The highest value since 1980 was 10.1% of GDP in 1998, the lowest -10.4% of GDP in 1980.

Metadata for Current account balance (% of GDP) in South Korea
IndicatorCurrent account balance (% of GDP)
CountrySouth Korea
CategoryMacroeconomics
Unit% of GDP
SourceIMF
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 6.5% of GDP (2025)

IMF projection for 2026: 18.8% of GDP

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Cite this chart
APA

International Monetary Fund. (2026). Current account balance (% of GDP) — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/current-account-balance-2/KOR. Original source: https://www.imf.org/external/datamapper/BCA_NGDPD@WEO/WEOWORLD

MLA

International Monetary Fund. "Current account balance (% of GDP) — South Korea." EconDash, 2026, https://econdash.org/chart/current-account-balance-2/KOR. Accessed 13 Nov. 2026. Original source: https://www.imf.org/external/datamapper/BCA_NGDPD@WEO/WEOWORLD.

Chicago

International Monetary Fund. 2026. "Current account balance (% of GDP) — South Korea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/current-account-balance-2/KOR. Original source: https://www.imf.org/external/datamapper/BCA_NGDPD@WEO/WEOWORLD.

BibTeX
@misc{econdash_current_account_balance_2_kor,
  author = {{International Monetary Fund}},
  title = {{Current account balance (\% of GDP) --- South Korea}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/current-account-balance-2/KOR},
  note = {Accessed: 2026-11-13. Original source: https://www.imf.org/external/datamapper/BCA\_NGDPD@WEO/WEOWORLD}
}