Republic of Korea vs Western Hemisphere: Goods, Credit/Revenue

Republic of Korea
696.20 billion
in 2024
Western Hemisphere
1.48 trillion
in 2024
Republic of Korea rank
4th
Western Hemisphere rank
7th

Goods, Credit/Revenue over time

  • Republic of Korea
  • Western Hemisphere
250.0B500.0B750.0B1.0T1.2T1.5T200520142024

How they compare

Western Hemisphere currently reports 1.48 trillion against 696.20 billion in Republic of Korea, a difference of 788.33 billion.

That makes Western Hemisphere's figure about 2.1 times Republic of Korea's.

Across all 20 years both countries report, Western Hemisphere has been ahead every year.

Republic of Korea ranks 4th and Western Hemisphere ranks 7th of 198 countries.

Western Hemisphere 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 358.80 billion 730.36 billion 371.55 billion Western Hemisphere
2010s 570.48 billion 1.03 trillion 460.14 billion Western Hemisphere
2020s 640.30 billion 1.31 trillion 669.44 billion Western Hemisphere

Averages of every year both report within each decade.

Frequently asked questions

Which has higher goods, credit/revenue, Republic of Korea or Western Hemisphere?
Western Hemisphere, at 1.48 trillion against 696.20 billion in Republic of Korea as of 2024.
What is the difference in goods, credit/revenue between Republic of Korea and Western Hemisphere?
788.33 billion, with Western Hemisphere 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, credit/revenue?
Republic of Korea ranks 4th and Western Hemisphere ranks 7th of 198 countries.
Where does this data come from?
International Monetary Fund, published as Goods, Credit/Revenue (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Western Hemisphere: Goods, Credit/Revenue. Statizoid, drawing on International Monetary Fund. Retrieved 31 August 2026, from https://financial-sector.statizoid.com/compare/goods-credit-revenue-us-dollar/korea-rep/western-hemisphere/

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About this data

Indicator
Goods, Credit/Revenue (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

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.