South Korea Current Account  1980-2017 | Data | Chart | Calendar

South Korea's current account surplus narrowed to USD 7.26 billion in July of 2017 from USD 8.41 billion in the same month of last year. The goods account surplus edged up to USD 10.71billion, compared to USD 10.67 billion. Meanwhile, the services account deficit widened to USD 3.29 billion from a USD 1.58 billion gap in July of 2016, explained mainly by larger deficits in travel and use of intellectual property. The primary income balance switched to a to USD 0.58 billion surplus (from USD 0.5 billion deficit) and the secondary income gap widened to USD 0.73 billion (from a USD 0.62 billion gap). Current Account in South Korea averaged 1395.24 USD Million from 1980 until 2017, reaching an all time high of 12086.30 USD Million in June of 2016 and a record low of -3756.80 USD Million in August of 2008.

South Korea Current Account
Please Paste this Code in your Website
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2017-07-04 11:00 PM Current Account $5.94B $4B $ 9.8B
2017-08-02 11:00 PM Current Account $7.01B $5.94B $ 11.3B
2017-09-04 11:00 PM Current Account $7.26B $7.01B $ 9.7B
2017-10-01 11:00 PM Current Account $7.26B $ 7.1B
2017-11-03 11:00 PM Current Account $9.27B
2017-12-04 11:00 PM Current Account $ 8.3B


South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 7013.00 10287.66 12861.56 -4043.46 USD Million [+]
Exports 47116.00 48843.00 51630.66 14.75 USD Million [+]
Imports 40102.00 38556.33 45873.33 38.61 USD Million [+]
Current Account 7261.30 7007.00 12086.30 -3756.80 USD Million [+]
Current Account to GDP 7.00 7.70 10.70 -10.50 percent [+]
External Debt 407340.70 405686.50 452718.00 80766.40 USD Million [+]
Terms of Trade 106.70 105.90 237.00 86.10 Index Points [+]
Foreign Direct Investment 5745000.00 3851000.00 7638784.00 0.00 USD Thousand [+]
Capital Flows 9785.30 8689.70 12277.90 -3385.80 USD Million [+]
Tourism Revenues 956800.00 1012900.00 1765400.00 326500.00 USD Million [+]
Tourist Arrivals 1103506.00 1008671.00 1703495.00 213006.00 [+]
Gold Reserves 104.40 104.40 104.44 13.00 Tonnes [+]
Terrorism Index 0.23 0.00 2.62 0.00 [+]
Weapons Sales 534.00 165.00 534.00 7.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



South Korea Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - South Korea Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Current Account - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7261.30 7007.00 12086.30 -3756.80 1980 - 2017 USD Million Monthly
Current Prices, NSA




current account by Country

Last
Australia -9562.00 Jun/17
Brazil -3403.80 Jul/17
Canada -16319.00 Jun/17
China 529.00 Jun/17
Euro Area 32.50 Jul/17
France -4199.00 Jul/17
Germany 19400.00 Jul/17
India -14300.00 Jun/17
Indonesia -4962.50 Jun/17
Italy 8625.00 Jul/17
Japan 2320.00 Jul/17
Mexico -321.10 Jun/17
Netherlands 15416.30 Jun/17
Russia -300.00 Jun/17
South Korea 7261.30 Jul/17
Spain 1411.00 Jun/17
Switzerland 18748.00 Jun/17
Turkey -5121.00 Jul/17
United Kingdom -16895.00 Mar/17
United States -123137.00 Jun/17