Republic of Korea vs Western Hemisphere: Current account balance (credit less debit), Net (credits less debits)
Current account balance (credit less debit), Net (credits less debits) over time
- Republic of Korea
- Western Hemisphere
How they compare
Republic of Korea currently reports 99.04 billion against -70.88 billion in Western Hemisphere, a difference of 169.92 billion.
That makes Republic of Korea's figure about 1.4 times Western Hemisphere's.
The two have swapped places 1 time across 20 shared years of data; in 2005 it was Western Hemisphere ahead.
Republic of Korea ranks 7th and Western Hemisphere ranks 9th of 198 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Republic of Korea | Western Hemisphere | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.92 billion | 1.49 billion | 10.44 billion | Republic of Korea |
| 2010s | 66.91 billion | -141.39 billion | 208.30 billion | Republic of Korea |
| 2020s | 63.76 billion | -75.16 billion | 138.92 billion | Republic of 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), Republic of Korea or Western Hemisphere?
- Republic of Korea, at 99.04 billion against -70.88 billion in Western Hemisphere as of 2024.
- What is the difference in current account balance (credit less debit), net (credits less debits) between Republic of Korea and Western Hemisphere?
- 169.92 billion, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Western Hemisphere?
- 20 years are reported by both, from 2005 to 2024.
- How do Republic of Korea and Western Hemisphere rank globally for current account balance (credit less debit), net (credits less debits)?
- Republic of Korea ranks 7th and Western Hemisphere ranks 9th 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.