Total current account credit/revenue, Credit/Revenue in Republic of Korea
Republic of Korea: Total current account credit/revenue, Credit/Revenue was 917.07 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Republic of Korea, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account credit/revenue, credit/revenue in Republic of Korea stood at 917.07 billion. That is the highest value across all 20 years on record.
That represents a change of up 8.1% on the previous year and up 20.3% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Republic of Korea peaked at 917.07 billion in 2024 and was at its lowest, 353.52 billion, in 2005.
Republic of Korea ranks 15th of 197 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 353.52 billion | — |
| 2006 | 406.90 billion | +15.1% |
| 2007 | 480.94 billion | +18.2% |
| 2008 | 554.04 billion | +15.2% |
| 2009 | 459.09 billion | -17.1% |
| 2010 | 575.81 billion | +25.4% |
| 2011 | 712.87 billion | +23.8% |
| 2012 | 744.51 billion | +4.4% |
| 2013 | 759.48 billion | +2.0% |
| 2014 | 762.41 billion | +0.4% |
| 2015 | 674.53 billion | -11.5% |
| 2016 | 641.95 billion | -4.8% |
| 2017 | 709.19 billion | +10.5% |
| 2018 | 774.24 billion | +9.2% |
| 2019 | 712.31 billion | -8.0% |
| 2020 | 655.64 billion | -8.0% |
| 2021 | 834.62 billion | +27.3% |
| 2022 | 894.40 billion | +7.2% |
| 2023 | 848.11 billion | -5.2% |
| 2024 | 917.07 billion | +8.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 450.90 billion | 353.52 billion | 554.04 billion | 5 |
| 2010s | 706.73 billion | 575.81 billion | 774.24 billion | 10 |
| 2020s | 829.97 billion | 655.64 billion | 917.07 billion | 5 |
Countries ranked near Republic of Korea
More financial sector data for Republic of Korea
- Reserve position in the IMF, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 58.67 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 1.21 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 42.84 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 6.29 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 58.67 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 1.21 % change on previous year (2025)
Frequently asked questions
- What is total current account credit/revenue, credit/revenue in Republic of Korea?
- Total current account credit/revenue, credit/revenue in Republic of Korea was 917.07 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Republic of Korea?
- The highest recorded value was 917.07 billion in 2024.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Republic of Korea?
- The lowest recorded value was 353.52 billion in 2005.
- How does Republic of Korea rank for total current account credit/revenue, credit/revenue?
- Republic of Korea ranks 15th out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Republic of Korea?
- Over the last ten years it is up 20.3%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from International Monetary Fund, published as part of Total current account credit/revenue, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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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.