Travel services (% of service exports, BoP) in South Korea stood at 14.79% in 2025, according to World Bank. The latest value is up 1.13 percentage points from 13.66% in 2024. Ten years earlier, in 2015, the value was 15.18% (down 0.39 percentage points since). The highest value since 1976 was 33.62% in 1989, the lowest 7% in 1982. South Korea ranked 126th highest of the 167 countries in this dataset in 2024; Maldives ranked first.
Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash
Travel services (% of service exports, BoP), measured in %, captures South Korea's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In South Korea, Travel services (% of service exports, BoP) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect South Korea's industries that rely on imported components or foreign markets for their products.
Travel services (% of service exports, BoP) in South Korea stood at 14.79% in 2025, according to World Bank.
The latest value is up 1.13 percentage points from 13.66% in 2024. Ten years earlier, in 2015, the value was 15.18% (down 0.39 percentage points since).
South Korea ranked 126th highest of the 167 countries in this dataset in 2024; Maldives ranked first.
The highest value since 1976 was 33.62% in 1989, the lowest 7% in 1982.
| Indicator | Travel services (% of service exports, BoP) |
|---|---|
| Country | South Korea |
| Category | Macroeconomics |
| Unit | % |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). Travel services (% of service exports, BoP) — South Korea [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-bx-gsr-trvl-zs/KOR. Original source: https://data.worldbank.org/indicator/BX.GSR.TRVL.ZS?locations=KR
World Bank. "Travel services (% of service exports, BoP) — South Korea." EconDash, 2026, https://econdash.org/chart/wdi-bx-gsr-trvl-zs/KOR. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/BX.GSR.TRVL.ZS?locations=KR.
World Bank. 2026. "Travel services (% of service exports, BoP) — South Korea." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-bx-gsr-trvl-zs/KOR. Original source: https://data.worldbank.org/indicator/BX.GSR.TRVL.ZS?locations=KR.
@misc{econdash_wdi_bx_gsr_trvl_zs_kor,
author = {{World Bank}},
title = {{Travel services (\% of service exports, BoP) --- South Korea}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/wdi-bx-gsr-trvl-zs/KOR},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/BX.GSR.TRVL.ZS?locations=KR}
}Browse indicators available for South Korea. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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