South Korea Current Account Balance (% of GDP) (2024)
South Korea's Current Account Balance (% of GDP): 5.3 % of GDP in 2024, +3.6pp YoY. World Bank (BN.CAB.XOKA.GD.ZS), 1990–2024.
South Korea (2024)
5.3
% of GDP
+3.6pp YoY
YoY Change
+3.6pp
percentage points
Trend
up
Series length
35
years of data
Data
| Year | % of GDP | YoY Change |
|---|---|---|
| 2024 | 5.3 | +3.6pp |
| 2023 | 1.8 | +0.5pp |
| 2022 | 1.3 | -3pp |
| 2021 | 4.3 | -0.1pp |
| 2020 | 4.4 | +1pp |
| 2019 | 3.4 | -0.8pp |
| 2018 | 4.2 | -0.2pp |
| 2017 | 4.4 | -1.8pp |
| 2016 | 6.2 | -0.6pp |
| 2015 | 6.8 | +1.5pp |
| 2014 | 5.3 | -0pp |
| 2013 | 5.4 | +1.7pp |
| 2012 | 3.7 | +2.4pp |
| 2011 | 1.3 | -1.1pp |
| 2010 | 2.3 | -1pp |
| 2009 | 3.4 | +3.2pp |
| 2008 | 0.2 | -0.7pp |
| 2007 | 0.9 | +0.7pp |
| 2006 | 0.2 | -1.1pp |
| 2005 | 1.3 | n/a |
About this Dataset
South Korea recorded 5.3 % of GDP in 2024. The most recent year-on-year change was +3.6pp. The historical series (1990–2024) shows a peak of 10.1 in 1998 and a trough of -3.9 in 1996.
Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.
The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.
Frequently Asked Questions
This indicator tracks south korea current account balance (% of gdp) in South Korea, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 10.1 % of GDP in 1998 and reached its lowest recorded value of -3.9 in 1996. The latest reading of 5.3 in 2024 represents a year-on-year change of +3.6pp.