Advanced economies vs South Korea: Current account balance (credit less debit), Net (credits less)
Advanced economies
49.53 billion
in 2024
South Korea
99.04 billion
in 2024
Advanced economies rank
6th
South Korea rank
7th
Current account balance (credit less debit), Net (credits less) over time
- Advanced economies
- South Korea
How they compare
South Korea currently reports 99.04 billion against 49.53 billion in Advanced economies, a difference of 49.51 billion.
That makes South Korea's figure about 2.0 times Advanced economies's.
The two have swapped places 2 times across 20 shared years of data; in 2005 it was South Korea ahead.
Advanced economies ranks 6th and South Korea ranks 7th of 9 groups.
Across the 3 decades both report, Advanced economies averaged higher in 2 and South Korea in 1.
Head to head by decade
| Decade | Advanced economies | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -396.05 billion | 11.92 billion | 407.98 billion | South Korea |
| 2010s | 236.63 billion | 66.91 billion | 169.72 billion | Advanced economies |
| 2020s | 70.21 billion | 63.76 billion | 6.44 billion | Advanced economies |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance (credit less debit), net (credits less debits), Advanced economies or South Korea?
- South Korea, at 99.04 billion against 49.53 billion in Advanced economies as of 2024.
- What is the difference in current account balance (credit less debit), net (credits less debits) between Advanced economies and South Korea?
- 49.51 billion, with South Korea ahead.
- How many years of comparable data are there for Advanced economies and South Korea?
- 20 years are reported by both, from 2005 to 2024.
- How do Advanced economies and South Korea rank globally for current account balance (credit less debit), net (credits less debits)?
- Advanced economies ranks 6th and South Korea ranks 7th of 9 groups.
- Where does this data come from?
- International Monetary Fund, published as Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.