Republic of Korea vs Western Hemisphere: Goods balance (credit less debit), Net (credits less debits)
Goods balance (credit less debit), Net (credits less debits) over time
- Republic of Korea
- Western Hemisphere
How they compare
Republic of Korea currently reports 100.13 billion against 51.34 billion in Western Hemisphere, a difference of 48.78 billion.
That makes Republic of 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.
Republic of Korea ranks 7th and Western Hemisphere ranks 6th of 198 countries.
Across the 3 decades both report, Republic of Korea averaged higher in 2 and Western Hemisphere in 1.
Head to head by decade
| Decade | Republic of 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 | Republic of Korea |
| 2020s | 61.95 billion | 32.50 billion | 29.45 billion | Republic of 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), Republic of Korea or Western Hemisphere?
- Republic of 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 Republic of Korea and Western Hemisphere?
- 48.78 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 goods balance (credit less debit), net (credits less debits)?
- Republic of 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.