South Korea vs Sub-Saharan Africa (SSA): Goods, Debit/Expenditure

South Korea
596.07 billion
in 2024
Sub-Saharan Africa (SSA)
417.25 billion
in 2024
South Korea rank
11th
Sub-Saharan Africa (SSA) rank
9th

Goods, Debit/Expenditure over time

  • South Korea
  • Sub-Saharan Africa (SSA)
200.0B400.0B600.0B200520142024

How they compare

South Korea currently reports 596.07 billion against 417.25 billion in Sub-Saharan Africa (SSA), a difference of 178.82 billion.

That makes South Korea's figure about 1.4 times Sub-Saharan Africa (SSA)'s.

Across all 20 years both countries report, South Korea has been ahead every year.

South Korea ranks 11th and Sub-Saharan Africa (SSA) ranks 9th of 198 countries.

South Korea has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade South Korea Sub-Saharan Africa (SSA) Difference Ahead
2000s 328.95 billion 213.08 billion 115.88 billion South Korea
2010s 487.36 billion 336.85 billion 150.51 billion South Korea
2020s 578.35 billion 385.12 billion 193.23 billion South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods, debit/expenditure, South Korea or Sub-Saharan Africa (SSA)?
South Korea, at 596.07 billion against 417.25 billion in Sub-Saharan Africa (SSA) as of 2024.
What is the difference in goods, debit/expenditure between South Korea and Sub-Saharan Africa (SSA)?
178.82 billion, with South Korea ahead.
How many years of comparable data are there for South Korea and Sub-Saharan Africa (SSA)?
20 years are reported by both, from 2005 to 2024.
How do South Korea and Sub-Saharan Africa (SSA) rank globally for goods, debit/expenditure?
South Korea ranks 11th and Sub-Saharan Africa (SSA) ranks 9th of 198 countries.
Where does this data come from?
International Monetary Fund, published as Goods, Debit/Expenditure (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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South Korea vs Sub-Saharan Africa (SSA): Goods, Debit/Expenditure. Statizoid, drawing on International Monetary Fund. Retrieved 27 August 2026, from https://trade.statizoid.com/compare/goods-debit-expenditure-us-dollar/korea-rep/sub-saharan-africa-ssa/

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About this data

Indicator
Goods, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.