South Korea vs Western Hemisphere: Goods balance (credit less debit), Net (credits less debits) (US)
Goods balance (credit less debit), Net (credits less debits) (US) over time
- South Korea
- Western Hemisphere
How they compare
South Korea currently reports 100.13 billion against 51.34 billion in Western Hemisphere, a difference of 48.78 billion.
That makes South Korea's figure about 2.0 times Western Hemisphere's.
The two have swapped places 5 times across 20 shared years of data; in 2005 it was Western Hemisphere ahead.
South Korea ranks 7th and Western Hemisphere ranks 6th of 198 countries.
Across the 3 decades both report, South Korea averaged higher in 2 and Western Hemisphere in 1.
Head to head by decade
| Decade | South Korea | Western Hemisphere | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 29.85 billion | 61.17 billion | 31.32 billion | Western Hemisphere |
| 2010s | 83.12 billion | 9.68 billion | 73.43 billion | South Korea |
| 2020s | 61.95 billion | 32.50 billion | 29.45 billion | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods balance (credit less debit), net (credits less debits), South Korea or Western Hemisphere?
- South Korea, at 100.13 billion against 51.34 billion in Western Hemisphere as of 2024.
- What is the difference in goods balance (credit less debit), net (credits less debits) between South Korea and Western Hemisphere?
- 48.78 billion, with South Korea ahead.
- How many years of comparable data are there for South Korea and Western Hemisphere?
- 20 years are reported by both, from 2005 to 2024.
- How do South Korea and Western Hemisphere rank globally for goods balance (credit less debit), net (credits less debits)?
- South Korea ranks 7th and Western Hemisphere ranks 6th of 198 countries.
- Where does this data come from?
- International Monetary Fund, published as Goods 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.