South Korea recorded a Current Account surplus of 5.30 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in South Korea averaged 1.41 percent of GDP from 1980 until 2024, reaching an all time high of 10.70 percent of GDP in 1998 and a record low of -10.50 percent of GDP in 1980. source: The Bank of Korea
Current Account to GDP in South Korea is expected to reach 3.80 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Current Account to GDP is projected to trend around 4.00 percent of GDP in 2027 and 4.20 percent of GDP in 2028, according to our econometric models.