Total current account debit/expenditure, Debit/Expenditure in South Korea
South Korea: Total current account debit/expenditure, Debit/Expenditure was 818.03 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in South Korea, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account debit/expenditure, debit/expenditure in South Korea is 818.03 billion, measured in 2024.
That represents a change of up 0.3% on the previous year and up 20.4% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in South Korea peaked at 868.58 billion in 2022 and was at its lowest, 341.31 billion, in 2005.
South Korea ranks 15th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 341.31 billion | — |
| 2006 | 404.80 billion | +18.6% |
| 2007 | 470.47 billion | +16.2% |
| 2008 | 552.29 billion | +17.4% |
| 2009 | 426.00 billion | -22.9% |
| 2010 | 547.86 billion | +28.6% |
| 2011 | 696.23 billion | +27.1% |
| 2012 | 695.72 billion | -0.1% |
| 2013 | 682.22 billion | -1.9% |
| 2014 | 679.38 billion | -0.4% |
| 2015 | 569.41 billion | -16.2% |
| 2016 | 544.03 billion | -4.5% |
| 2017 | 633.96 billion | +16.5% |
| 2018 | 696.78 billion | +9.9% |
| 2019 | 652.63 billion | -6.3% |
| 2020 | 579.74 billion | -11.2% |
| 2021 | 749.39 billion | +29.3% |
| 2022 | 868.58 billion | +15.9% |
| 2023 | 815.28 billion | -6.1% |
| 2024 | 818.03 billion | +0.3% |
South Korea compared with similar countries
- South Korea's 818.03 billion is above the median for high income countries, which is 79.74 billion, 10.3× the median. (72 countries reporting)
- South Korea's 818.03 billion is above the median for East Asia & Pacific, which is 11.26 billion, 72.6× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 438.97 billion | 341.31 billion | 552.29 billion | 5 |
| 2010s | 639.82 billion | 544.03 billion | 696.78 billion | 10 |
| 2020s | 766.20 billion | 579.74 billion | 868.58 billion | 5 |
Countries ranked near South Korea
More trade data for South Korea
- Commodity Net Export Price Index, Individual Commodities Weighted by 120.92 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.62 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.43 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 83.23 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 96.89 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 76.09 (2025)
- Imports of low carbon technology products, Percent of GDP 1.9 (2024)
- Imports of low carbon technology products, US dollar (World), per 690.16 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.019 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 57.00 billion (2024)
Frequently asked questions
- What is total current account debit/expenditure, debit/expenditure in South Korea?
- Total current account debit/expenditure, debit/expenditure in South Korea was 818.03 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in South Korea?
- The highest recorded value was 868.58 billion in 2022.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in South Korea?
- The lowest recorded value was 341.31 billion in 2005.
- How does South Korea rank for total current account debit/expenditure, debit/expenditure?
- South Korea ranks 15th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in South Korea?
- Over the last ten years it is up 20.4%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
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.