South Korea's current account surplus shrank to 3.5 percent of GDP in 2020 from 3.70 percent in 2019. source: The Bank of Korea
Current Account to GDP in South Korea averaged 1.30 percent from 1980 until 2020, reaching an all time high of 10.70 percent in 1998 and a record low of -10.50 percent in 1980. This page provides - South Korea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Current Account to GDP - values, historical data and charts - was last updated on July of 2022.
Current Account to GDP in South Korea is expected to reach 3.50 percent of GDP by the end of 2021, 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 2022, according to our econometric models.