South Korea Current Account - Forecast

Current Account in South Korea is expected to be 6245.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in South Korea to stand at 7500.00 in 12 months time. In the long-term, the South Korea Current Account is projected to trend around 9010.00 USD Million in 2020, according to our econometric models.


Forecast Data Chart
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South Korea Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade 7006 5400 3200 4230 5440 5800
Exports 51882 50370 48100 49100 50300 50800
Imports 44876 44970 44900 44870 44860 45000
Current Account 7380 6245 10680 9800 7500 9010
Current Account to GDP 5.6 6.2 6.2 6.1 6.1 5.8
External Debt 433887 430000 426000 426500 427700 431000
Terms of Trade 97.1 96.72 95.6 96.84 97.19 89.36
Foreign Direct Investment 10820000 4468196 8370000 4970000 6830000 9040000
Capital Flows 4721 7052 4900 4500 6300 7500
Tourism Revenues 1348900 1300000 1350000 1277000 1273000 1420000
Tourist Arrivals 1282093 1304400 1320000 1297400 1195000 1380000
Gold Reserves 104 104 104 104 104 104
Terrorism Index 0.61 0.2 0.2 0.2 0.2 0.1
Weapons Sales 587 590 590 550 550 560