South Korea vs Sub-Saharan Africa (SSA): Current account balance (credit less debit), Net (credits less)
Current account balance (credit less debit), Net (credits less) over time
- South Korea
- Sub-Saharan Africa (SSA)
How they compare
South Korea currently reports 99.04 billion against -21.78 billion in Sub-Saharan Africa (SSA), a difference of 120.82 billion.
That makes South Korea's figure about 4.5 times Sub-Saharan Africa (SSA)'s.
The two have swapped places 1 time across 20 shared years of data; in 2005 it was Sub-Saharan Africa (SSA) ahead.
South Korea ranks 7th and Sub-Saharan Africa (SSA) ranks 8th 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 | 11.92 billion | 9.85 billion | 2.08 billion | South Korea |
| 2010s | 66.91 billion | -41.75 billion | 108.66 billion | South Korea |
| 2020s | 63.76 billion | -30.38 billion | 94.15 billion | South Korea |
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), South Korea or Sub-Saharan Africa (SSA)?
- South Korea, at 99.04 billion against -21.78 billion in Sub-Saharan Africa (SSA) as of 2024.
- What is the difference in current account balance (credit less debit), net (credits less debits) between South Korea and Sub-Saharan Africa (SSA)?
- 120.82 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 current account balance (credit less debit), net (credits less debits)?
- South Korea ranks 7th and Sub-Saharan Africa (SSA) 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.