Republic of Korea vs Singapore: Current account balance (credit less debit), Net (credits less debits)
Republic of Korea
99.04 billion
in 2024
Singapore
96.02 billion
in 2024
Republic of Korea rank
7th
Singapore rank
8th
Current account balance (credit less debit), Net (credits less debits) over time
- Republic of Korea
- Singapore
How they compare
Republic of Korea currently reports 99.04 billion against 96.02 billion in Singapore, a difference of 3.03 billion.
The two have swapped places 5 times across 20 shared years of data; in 2005 it was Singapore ahead.
Republic of Korea ranks 7th and Singapore ranks 8th of 198 countries.
Across the 3 decades both report, Republic of Korea averaged higher in 1 and Singapore in 2.
Head to head by decade
| Decade | Republic of Korea | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.92 billion | 35.97 billion | 24.05 billion | Singapore |
| 2010s | 66.91 billion | 57.01 billion | 9.90 billion | Republic of Korea |
| 2020s | 63.76 billion | 85.35 billion | 21.58 billion | Singapore |
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), Republic of Korea or Singapore?
- Republic of Korea, at 99.04 billion against 96.02 billion in Singapore as of 2024.
- What is the difference in current account balance (credit less debit), net (credits less debits) between Republic of Korea and Singapore?
- 3.03 billion, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Singapore?
- 20 years are reported by both, from 2005 to 2024.
- How do Republic of Korea and Singapore rank globally for current account balance (credit less debit), net (credits less debits)?
- Republic of Korea ranks 7th and Singapore ranks 8th of 198 countries.
- 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.