South Korea Balance of Payments: Current Account
Korea BOP: Current Account: Balance
KR: BOP: Current Account: Balance data was reported at 78.460 USD bn in 2017. This records a decrease from the previous number of 99.243 USD bn for 2016. KR: BOP: Current Account: Balance data is updated yearly, averaging 3.379 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 105.940 USD bn in 2015 and a record low of -23.831 USD bn in 1996. KR: BOP: Current Account: Balance data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 99,243.00 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Balance from 1976 to 2016 in the chart:
Korea BOP: Current Account: Balance: % of GDP
KR: BOP: Current Account: Balance: % of GDP data was reported at 5.126 % in 2017. This records a decrease from the previous number of 7.015 % for 2016. KR: BOP: Current Account: Balance: % of GDP data is updated yearly, averaging 0.647 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 10.703 % in 1998 and a record low of -10.534 % in 1980. KR: BOP: Current Account: Balance: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 7.03 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Balance: % of GDP from 1976 to 2016 in the chart:
Korea BOP: Current Account: Charges for the Use of Intellectual Property: Payments
KR: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data was reported at 9.254 USD bn in 2017. This records a decrease from the previous number of 9.429 USD bn for 2016. KR: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data is updated yearly, averaging 2.499 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 10.546 USD bn in 2014 and a record low of 1.000 USD mn in 1979. KR: BOP: Current Account: Charges for the Use of Intellectual Property: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 9,429.40 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Charges for the Use of Intellectual Property: Payments from 1976 to 2016 in the chart:
Korea BOP: Current Account: Charges for the Use of Intellectual Property: Receipts
KR: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data was reported at 7.138 USD bn in 2017. This records an increase from the previous number of 6.615 USD bn for 2016. KR: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data is updated yearly, averaging 261.500 USD mn from Dec 1976 to 2017, with 41 observations. The data reached an all-time high of 7.138 USD bn in 2017 and a record low of 2.000 USD mn in 1979. KR: BOP: Current Account: Charges for the Use of Intellectual Property: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 6,614.70 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Charges for the Use of Intellectual Property: Receipts from 1976 to 2016 in the chart:
Korea BOP: Current Account: Exports: Goods
KR: BOP: Current Account: Exports: Goods data was reported at 577.381 USD bn in 2017. This records an increase from the previous number of 511.947 USD bn for 2016. KR: BOP: Current Account: Exports: Goods data is updated yearly, averaging 125.983 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 618.157 USD bn in 2013 and a record low of 7.814 USD bn in 1976. KR: BOP: Current Account: Exports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Goods exports refer to all movable goods (including nonmonetary gold and net exports of goods under merchanting) involved in a change of ownership from residents to nonresidents. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Merchanting is reclassified from services to goods.
| Last | Frequency | Range |
|---|---|---|
| 511,947.30 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Exports: Goods from 1976 to 2016 in the chart:
Korea BOP: Current Account: Exports: Goods and Services
KR: BOP: Current Account: Exports: Goods and Services data was reported at 664.878 USD bn in 2017. This records an increase from the previous number of 606.851 USD bn for 2016. KR: BOP: Current Account: Exports: Goods and Services data is updated yearly, averaging 152.267 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 725.126 USD bn in 2014 and a record low of 9.341 USD bn in 1976. KR: BOP: Current Account: Exports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Exports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 606,850.70 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Exports: Goods and Services from 1976 to 2016 in the chart:
Korea BOP: Current Account: Exports: Goods, Services and Primary Income
KR: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 689.304 USD bn in 2017. This records an increase from the previous number of 632.282 USD bn for 2016. KR: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 156.073 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 752.004 USD bn in 2013 and a record low of 9.457 USD bn in 1976. KR: BOP: Current Account: Exports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 632,281.70 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Exports: Goods, Services and Primary Income from 1976 to 2016 in the chart:
Korea BOP: Current Account: Exports: Service
KR: BOP: Current Account: Exports: Service data was reported at 87.497 USD bn in 2017. This records a decrease from the previous number of 94.903 USD bn for 2016. KR: BOP: Current Account: Exports: Service data is updated yearly, averaging 26.284 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 112.106 USD bn in 2014 and a record low of 1.527 USD bn in 1976. KR: BOP: Current Account: Exports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 94,903.40 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Exports: Service from 1976 to 2016 in the chart:
Korea BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports
KR: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data was reported at 52.914 % in 2017. This records an increase from the previous number of 50.294 % for 2016. KR: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data is updated yearly, averaging 42.978 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 70.140 % in 1978 and a record low of 33.560 % in 1989. KR: BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 50.29 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Exports: Service: Communications, Computer, etc: % of Service Exports from 1976 to 2016 in the chart:
Korea BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports
KR: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data was reported at 3.616 % in 2017. This records an increase from the previous number of 2.596 % for 2016. KR: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data is updated yearly, averaging 0.966 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 5.370 % in 1976 and a record low of -0.626 % in 1981. KR: BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 2.60 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Exports: Service: Insurance and Financial Services: % of Service Exports from 1976 to 2016 in the chart:
Korea BOP: Current Account: Exports: Service: Transport: % of Service Exports
KR: BOP: Current Account: Exports: Service: Transport: % of Service Exports data was reported at 28.124 % in 2017. This records a decrease from the previous number of 28.847 % for 2016. KR: BOP: Current Account: Exports: Service: Transport: % of Service Exports data is updated yearly, averaging 36.152 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 50.090 % in 2004 and a record low of 16.211 % in 1978. KR: BOP: Current Account: Exports: Service: Transport: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 28.85 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Exports: Service: Transport: % of Service Exports from 1976 to 2016 in the chart:
Korea BOP: Current Account: Exports: Service: Travel: % of Service Exports
KR: BOP: Current Account: Exports: Service: Travel: % of Service Exports data was reported at 15.346 % in 2017. This records a decrease from the previous number of 18.262 % for 2016. KR: BOP: Current Account: Exports: Service: Travel: % of Service Exports data is updated yearly, averaging 15.457 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 33.549 % in 1989 and a record low of 7.001 % in 1982. KR: BOP: Current Account: Exports: Service: Travel: % of Service Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 18.26 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Exports: Service: Travel: % of Service Exports from 1976 to 2016 in the chart:
Korea BOP: Current Account: Imports: Goods
KR: BOP: Current Account: Imports: Goods data was reported at 457.493 USD bn in 2017. This records an increase from the previous number of 393.052 USD bn for 2016. KR: BOP: Current Account: Imports: Goods data is updated yearly, averaging 118.436 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 558.010 USD bn in 2011 and a record low of 8.404 USD bn in 1976. KR: BOP: Current Account: Imports: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 393,051.90 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Imports: Goods from 1976 to 2016 in the chart:
Korea BOP: Current Account: Imports: Goods and Services
KR: BOP: Current Account: Imports: Goods and Services data was reported at 579.462 USD bn in 2017. This records an increase from the previous number of 505.693 USD bn for 2016. KR: BOP: Current Account: Imports: Goods and Services data is updated yearly, averaging 145.122 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 662.850 USD bn in 2012 and a record low of 9.595 USD bn in 1976. KR: BOP: Current Account: Imports: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 505,692.70 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Imports: Goods and Services from 1976 to 2016 in the chart:
Korea BOP: Current Account: Imports: Goods, Services and Primary Income
KR: BOP: Current Account: Imports: Goods, Services and Primary Income data was reported at 603.766 USD bn in 2017. This records an increase from the previous number of 527.272 USD bn for 2016. KR: BOP: Current Account: Imports: Goods, Services and Primary Income data is updated yearly, averaging 152.766 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 682.065 USD bn in 2011 and a record low of 10.113 USD bn in 1976. KR: BOP: Current Account: Imports: Goods, Services and Primary Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Imports of goods, services and primary income is the sum of goods imports, service imports and primary income payments. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 527,272.00 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Imports: Goods, Services and Primary Income from 1976 to 2016 in the chart:
Korea BOP: Current Account: Imports: Service
KR: BOP: Current Account: Imports: Service data was reported at 121.969 USD bn in 2017. This records an increase from the previous number of 112.641 USD bn for 2016. KR: BOP: Current Account: Imports: Service data is updated yearly, averaging 26.686 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 121.969 USD bn in 2017 and a record low of 1.191 USD bn in 1976. KR: BOP: Current Account: Imports: Service data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards. Manufacturing services on physical inputs owned by others (goods for processing in BPM5) and maintenance and repair services n.i.e. are reclassified from goods to services.
| Last | Frequency | Range |
|---|---|---|
| 112,640.80 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Imports: Service from 1976 to 2016 in the chart:
Korea BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports
KR: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data was reported at 48.315 % in 2017. This records an increase from the previous number of 47.753 % for 2016. KR: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data is updated yearly, averaging 39.351 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 52.175 % in 1978 and a record low of 32.947 % in 1991. KR: BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Communications, computer, information, and other services cover international telecommunications; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; personal, cultural, and recreational services; manufacturing services on physical inputs owned by others; and maintenance and repair services and government services not included elsewhere.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 47.75 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Imports: Service: Communications, Computer, etc: % of Service Imports from 1976 to 2016 in the chart:
Korea BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports
KR: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data was reported at 2.080 % in 2017. This records a decrease from the previous number of 2.384 % for 2016. KR: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data is updated yearly, averaging 1.548 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 8.312 % in 1976 and a record low of -0.091 % in 1990. KR: BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 2.38 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Imports: Service: Insurance and Financial Services: % of Service Imports from 1976 to 2016 in the chart:
Korea BOP: Current Account: Imports: Service: Transport: % of Service Imports
KR: BOP: Current Account: Imports: Service: Transport: % of Service Imports data was reported at 24.516 % in 2017. This records a decrease from the previous number of 25.677 % for 2016. KR: BOP: Current Account: Imports: Service: Transport: % of Service Imports data is updated yearly, averaging 38.082 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 54.068 % in 1980 and a record low of 24.516 % in 2017. KR: BOP: Current Account: Imports: Service: Transport: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 25.68 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Imports: Service: Transport: % of Service Imports from 1976 to 2016 in the chart:
Korea BOP: Current Account: Imports: Service: Travel: % of Service Imports
KR: BOP: Current Account: Imports: Service: Travel: % of Service Imports data was reported at 25.089 % in 2017. This records an increase from the previous number of 24.186 % for 2016. KR: BOP: Current Account: Imports: Service: Travel: % of Service Imports data is updated yearly, averaging 19.834 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 28.231 % in 2002 and a record low of 3.862 % in 1976. KR: BOP: Current Account: Imports: Service: Travel: % of Service Imports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Travel covers goods and services acquired from an economy by travelers for their own use during visits of less than one year in that economy for either business or personal purposes. Travel includes local transport (i.e., transport within the economy being visited and provided by a resident of that economy), but excludes international transport (which is included in passenger transport. Travel also excludes goods for resale, which are included in general merchandise.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 24.19 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Imports: Service: Travel: % of Service Imports from 1976 to 2016 in the chart:
Korea BOP: Current Account: Net Trade: Goods
KR: BOP: Current Account: Net Trade: Goods data was reported at 119.889 USD bn in 2017. This records an increase from the previous number of 118.895 USD bn for 2016. KR: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging 7.847 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 122.269 USD bn in 2015 and a record low of -16.699 USD bn in 1996. KR: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 118,895.40 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Net Trade: Goods from 1976 to 2016 in the chart:
Korea BOP: Current Account: Net Trade: Goods and Services
KR: BOP: Current Account: Net Trade: Goods and Services data was reported at 85.416 USD bn in 2017. This records a decrease from the previous number of 101.158 USD bn for 2016. KR: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging 6.562 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 107.352 USD bn in 2015 and a record low of -21.461 USD bn in 1996. KR: BOP: Current Account: Net Trade: Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 101,158.00 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Net Trade: Goods and Services from 1976 to 2016 in the chart:
Korea BOP: Current Account: Personal Remittances: Paid
KR: BOP: Current Account: Personal Remittances: Paid data was reported at 12.366 USD bn in 2017. This records an increase from the previous number of 10.458 USD bn for 2016. KR: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 2.178 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 12.366 USD bn in 2017 and a record low of 1.000 USD mn in 1976. KR: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.; ; World Bank staff estimates based on IMF balance of payments data.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 10,457.90 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Personal Remittances: Paid from 1976 to 2016 in the chart:
Korea BOP: Current Account: Personal Remittances: Received
KR: BOP: Current Account: Personal Remittances: Received data was reported at 6.224 USD bn in 2017. This records a decrease from the previous number of 6.504 USD bn for 2016. KR: BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 3.620 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 6.952 USD bn in 2008 and a record low of 47.000 USD mn in 1976. KR: BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.; ; World Bank staff estimates based on IMF balance of payments data.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 6,504.00 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Personal Remittances: Received from 1976 to 2016 in the chart:
Korea BOP: Current Account: Personal Remittances: Received: % of GDP
KR: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 0.407 % in 2017. This records a decrease from the previous number of 0.460 % for 2016. KR: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 0.722 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 1.503 % in 1986 and a record low of 0.152 % in 1979. KR: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.; ; World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.; Weighted average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 0.46 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Personal Remittances: Received: % of GDP from 1976 to 2016 in the chart:
Korea BOP: Current Account: Personal Transfers: Receipts
KR: BOP: Current Account: Personal Transfers: Receipts data was reported at 5.656 USD bn in 2017. This records a decrease from the previous number of 5.700 USD bn for 2016. KR: BOP: Current Account: Personal Transfers: Receipts data is updated yearly, averaging 3.865 USD bn from Dec 1980 to 2017, with 38 observations. The data reached an all-time high of 6.208 USD bn in 2008 and a record low of 353.100 USD mn in 1980. KR: BOP: Current Account: Personal Transfers: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 5,699.80 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Personal Transfers: Receipts from 1976 to 2016 in the chart:
Korea BOP: Current Account: Primary Income: Net
KR: BOP: Current Account: Primary Income: Net data was reported at 122.000 USD mn in 2017. This records a decrease from the previous number of 3.852 USD bn for 2016. KR: BOP: Current Account: Primary Income: Net data is updated yearly, averaging -1.881 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 12.117 USD bn in 2012 and a record low of -7.269 USD bn in 2005. KR: BOP: Current Account: Primary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 3,851.70 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Primary Income: Net from 1976 to 2016 in the chart:
Korea BOP: Current Account: Primary Income: Payments
KR: BOP: Current Account: Primary Income: Payments data was reported at 24.304 USD bn in 2017. This records an increase from the previous number of 21.579 USD bn for 2016. KR: BOP: Current Account: Primary Income: Payments data is updated yearly, averaging 6.354 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 24.358 USD bn in 2007 and a record low of 518.000 USD mn in 1976. KR: BOP: Current Account: Primary Income: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 21,579.30 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Primary Income: Payments from 1976 to 2016 in the chart:
Korea BOP: Current Account: Primary Income: Receipts
KR: BOP: Current Account: Primary Income: Receipts data was reported at 24.426 USD bn in 2017. This records a decrease from the previous number of 25.431 USD bn for 2016. KR: BOP: Current Account: Primary Income: Receipts data is updated yearly, averaging 3.767 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 30.160 USD bn in 2012 and a record low of 116.000 USD mn in 1976. KR: BOP: Current Account: Primary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 25,431.00 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Primary Income: Receipts from 1976 to 2016 in the chart:
Korea BOP: Current Account: Secondary Income: Net
KR: BOP: Current Account: Secondary Income: Net data was reported at -7.078 USD bn in 2017. This records a decrease from the previous number of -5.767 USD bn for 2016. KR: BOP: Current Account: Secondary Income: Net data is updated yearly, averaging 318.100 USD mn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 2.819 USD bn in 1998 and a record low of -7.078 USD bn in 2017. KR: BOP: Current Account: Secondary Income: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| -5,766.70 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Secondary Income: Net from 1976 to 2016 in the chart:
Korea BOP: Current Account: Secondary Income: Other Sectors: Payments
KR: BOP: Current Account: Secondary Income: Other Sectors: Payments data was reported at 15.010 USD bn in 2017. This records an increase from the previous number of 12.809 USD bn for 2016. KR: BOP: Current Account: Secondary Income: Other Sectors: Payments data is updated yearly, averaging 2.492 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 15.010 USD bn in 2017 and a record low of 29.500 USD mn in 1985. KR: BOP: Current Account: Secondary Income: Other Sectors: Payments data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 12,808.80 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Secondary Income: Other Sectors: Payments from 1976 to 2016 in the chart:
Korea BOP: Current Account: Secondary Income: Receipts
KR: BOP: Current Account: Secondary Income: Receipts data was reported at 9.442 USD bn in 2017. This records an increase from the previous number of 8.743 USD bn for 2016. KR: BOP: Current Account: Secondary Income: Receipts data is updated yearly, averaging 3.479 USD bn from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 9.442 USD bn in 2017 and a record low of 388.000 USD mn in 1977. KR: BOP: Current Account: Secondary Income: Receipts data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Sum; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 8,742.70 2016 | yearly | 1976 - 2016 |
View South Korea's Korea BOP: Current Account: Secondary Income: Receipts from 1976 to 2016 in the chart:
Korea BOP: Current Account: Trade in Services: % of GDP
KR: BOP: Current Account: Trade in Services: % of GDP data was reported at 13.684 % in 2017. This records a decrease from the previous number of 14.669 % for 2016. KR: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 12.173 % from Dec 1976 to 2017, with 42 observations. The data reached an all-time high of 18.879 % in 2008 and a record low of 7.214 % in 1991. KR: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Korea – Table KR.World Bank: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; Weighted Average; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
| Last | Frequency | Range |
|---|---|---|
| 14.71 2016 | yearly | 1976 - 2016 |