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

South Korea's current account surplus widened to USD 4 billion in April of 2017 from USD 3.7 billion in the same month of last year. The goods account surplus increased to USD 11.9 billion, compared to USD 9.8 billion. Meanwhile, the services account deficit widened to USD 2.4 billion (from a USD 1.5 billion gap in April of 2016), explained by larger deficits in travel, manufacturing services and transport. Primary income deficit went up to USD 5 billion (from a USD 4.1 billion gap) and secondary income gap increased to USD 0.53 billion (from a USD 0.5 billion gap). Current Account in South Korea averaged 1385.33 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
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-04 11:00 PM Feb $8.4B $5.28B $ 6.8B
2017-05-03 11:00 PM Mar $5.93B $8.4B $11.7B
2017-06-04 11:00 PM Apr $4B $5.75B $ 6.9B
2017-07-04 11:00 PM May $4B $ 9.8B
2017-08-02 11:00 PM Jun $ 11.3B
2017-09-04 11:00 PM Jul $ 9.7B




South Korea Trade Last Previous Highest Lowest Unit
Balance of Trade 5990.00 12980.00 12980.00 -4043.45 USD Million [+]
Exports 45038.00 50970.35 51630.66 14.75 USD Million [+]
Imports 39050.00 37993.89 45873.33 38.61 USD Million [+]
Current Account 3995.00 5752.90 12086.30 -3756.80 USD Million [+]
Current Account to GDP 7.00 7.70 10.70 -10.50 percent [+]
External Debt 405686.50 380948.90 452718.00 80766.40 USD Million [+]
Terms of Trade 104.50 104.20 237.00 86.10 Index Points [+]
Foreign Direct Investment 3851000.00 6249699.00 7638784.00 0.00 USD Thousand [+]
Capital Flows 1802.20 5999.30 12277.90 -3385.80 USD Million [+]
Tourism Revenues 990600.00 1117400.00 1765400.00 326500.00 USD Million [+]
Tourist Arrivals 1069833.00 1233640.00 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 Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
3995.00 5752.90 12086.30 -3756.80 1980 - 2017 USD Million Monthly
Current Prices, NSA



current account by Country

Last
Australia -3108.00 Mar/17
Brazil 2884.20 May/17
Canada -14053.00 Mar/17
China 190.00 Mar/17
Euro Area 21.50 Apr/17
France -3063.00 Apr/17
Germany 15060.87 Apr/17
India -3432.97 Mar/17
Indonesia -2397.00 Mar/17
Italy 3432.00 Apr/17
Japan 1951.90 Apr/17
Mexico -6859.20 Mar/17
Netherlands 20180.90 Mar/17
Russia 22800.00 Mar/17
South Korea 3995.00 Apr/17
Spain 1320.00 Mar/17
Switzerland 11118.00 Mar/17
Turkey -3615.00 Apr/17
United Kingdom -12088.00 Dec/16
United States -116781.00 Mar/17