South Korea Current Account to GDP - Forecast

Current Account to GDP in South Korea is expected to be 6.20 percent by the end of this quarter, 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 5.80 percent in 2020, according to our econometric models.


South Korea Current Account to GDP
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South Korea Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 3700 7703 8900 3906 14800 17300
Exports 49210 47836 48900 48960 48100 50800
Imports 45489 40133 40133 46056 40900 49000
Current Account 4090 12500 8700 3892 10680 9010
Current Account to GDP 7 6.2 6.2 6.2 6.2 5.8
External Debt 409127 378000 380000 404901 456000 461000
Terms of Trade 103 106 106 103 104 106
Foreign Direct Investment 9361000 4729521 6291638 4212425 8370000 9040000
Capital Flows 6316 10117 12117 5875 12300 14800
Tourism Revenues 1071100 1600000 1500000 1036596 1600000 1920000
Tourist Arrivals 1134068 1294735 1710000 1067900 2420000 2890000
Gold Reserves 104 104 103 102 101 93.23
Terrorism Index 0.61 0.2 0.2 0.7 0.2 0.4
Weapons Sales 534 220 220 271 220 260