Korea – Current Account Balance
5.28%
+3.50% from 2023
APA
Korea Current Account Balance. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/korea/current-account
BibTeX
@misc{historysaid_korea_current-account,
title = {Korea Current Account Balance},
url = {https://historysaid.com/korea/current-account},
publisher = {HistorySaid},
year = {2026}
}
Data & Projection▾
| Year | Value | Change | Rank |
|---|---|---|---|
| 2030* IMF | 4.72% | – | – |
| 2029* IMF | 4.50% | – | – |
| 2028* IMF | 4.30% | – | – |
| 2027* IMF | 4.13% | – | – |
| 2026* IMF | 3.92% | – | – |
| 2025* IMF | 4.80% | – | – |
| 2024 | 5.28% | +3.50% | 125th |
| 2023 | 1.78% | +0.34% | 121st |
| 2022 | 1.44% | −2.95% | 130th |
| 2021 | 4.39% | +0.04% | 144th |
| 2020 | 4.35% | +0.94% | 155th |
| 2019 | 3.41% | −0.84% | 144th |
| 2018 | 4.25% | −0.15% | 150th |
| 2017 | 4.40% | −1.80% | 156th |
| 2016 | 6.20% | −0.63% | 168th |
| 2015 | 6.83% | +1.49% | 167th |
* IMF World Economic Outlook projection
Detected Pattern▾
Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +13.6%
GDP growth 5.2%
C/A balance 0.2%
This pattern occurred 682 times in G20 history, 460 successful
HistorySaid – pattern alert
Korea matched the Export Boom Cycle pattern in 2006. Historically, 67% of countries showing this pattern (460 out of 682) saw current account balance improve within 24 months. View full analysis →
Related
Exports
Imports
Trade Balance
FDI Inflows
FDI Outflows
Peak: 1998
Lowest: 1980
2024
2023
2022
2021
2020
Current Account Balance 1990s
Current Account Balance 2000s
Current Account Balance 2010s
Current Account Balance 2020s
Highest ever
Lowest ever
Average
vs Spain
vs Saudi Arabia
vs Turks and Caicos Islands
vs Slovenia
G20 Current Account Balance
OECD Current Account Balance
G20 Ranking