South Korea Balance of Payments: Current Account: Forecast: OECD Member: Annual
Balance of Payment: Current Account
KR: Balance of Payment: Current Account data was reported at 177,900.081 KRW bn in 2027. This records an increase from the previous number of 176,192.747 KRW bn for 2026. KR: Balance of Payment: Current Account data is updated yearly, averaging 2,773.329 KRW bn from Dec 1975 (Median) to 2027, with 53 observations. The data reached an all-time high of 177,900.081 KRW bn in 2027 and a record low of -19,793.223 KRW bn in 1996. KR: Balance of Payment: Current Account data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Balance of Payments: Current Account: Forecast: OECD Member: Annual. CB-Current account balance - According to the IMF's Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6).
| Last | Frequency | Range |
|---|---|---|
| 177,900.081 2027 | yearly | 1975 - 2027 |
View South Korea's Balance of Payment: Current Account from 1975 to 2027 in the chart:
Balance of Payment: Current Account Balance: as % of GDP
KR: Balance of Payment: Current Account Balance: as % of GDP data was reported at 6.193 % in 2027. This records a decrease from the previous number of 6.386 % for 2026. KR: Balance of Payment: Current Account Balance: as % of GDP data is updated yearly, averaging 0.378 % from Dec 1975 (Median) to 2027, with 53 observations. The data reached an all-time high of 10.274 % in 1998 and a record low of -10.310 % in 1980. KR: Balance of Payment: Current Account Balance: as % of GDP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Balance of Payments: Current Account: Forecast: OECD Member: Annual. CBGDPR-Current account balance, as a percentage of GDP
| Last | Frequency | Range |
|---|---|---|
| 6.193 2027 | yearly | 1975 - 2027 |
View South Korea's Balance of Payment: Current Account Balance: as % of GDP from 1975 to 2027 in the chart:
Balance of Payment: Current Account Balance: as % of GDP: Double Hit Scenario
KR: Balance of Payment: Current Account Balance: as % of GDP: Double Hit Scenario data was reported at 1.973 % in 2021. This records a decrease from the previous number of 2.636 % for 2020. KR: Balance of Payment: Current Account Balance: as % of GDP: Double Hit Scenario data is updated yearly, averaging 1.305 % from Dec 1975 (Median) to 2021, with 47 observations. The data reached an all-time high of 10.636 % in 1998 and a record low of -10.496 % in 1980. KR: Balance of Payment: Current Account Balance: as % of GDP: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Balance of Payments: Current Account: Forecast: OECD Member: Annual. CBGDPR-Current account balance, as a percentage of GDP Sixth Edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6):https://www.imf.org/external/pubs/ft/bop/2007/bopman6.htm OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf
| Last | Frequency | Range |
|---|---|---|
| 1.973 2021 | yearly | 1975 - 2021 |
View South Korea's Balance of Payment: Current Account Balance: as % of GDP: Double Hit Scenario from 1975 to 2021 in the chart:
Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario
KR: Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data was reported at 2.975 % in 2021. This records a decrease from the previous number of 3.010 % for 2020. KR: Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data is updated yearly, averaging 1.305 % from Dec 1975 (Median) to 2021, with 47 observations. The data reached an all-time high of 10.636 % in 1998 and a record low of -10.496 % in 1980. KR: Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Balance of Payments: Current Account: Forecast: OECD Member: Annual. CBGDPR-Current account balance, as a percentage of GDP Sixth Edition of the IMF's Balance of Payments and International Investment Position Manual (BPM6):https://www.imf.org/external/pubs/ft/bop/2007/bopman6.htm OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf
| Last | Frequency | Range |
|---|---|---|
| 2.975 2021 | yearly | 1975 - 2021 |
View South Korea's Balance of Payment: Current Account Balance: as % of GDP: Single Hit Scenario from 1975 to 2021 in the chart:
Balance of Payment: Current Account: Balance of Primary Income
KR: Balance of Payment: Current Account: Balance of Primary Income data was reported at 51,667.228 KRW bn in 2027. This stayed constant from the previous number of 51,667.228 KRW bn for 2026. KR: Balance of Payment: Current Account: Balance of Primary Income data is updated yearly, averaging -4,784.225 KRW bn from Dec 1975 (Median) to 2027, with 53 observations. The data reached an all-time high of 52,456.847 KRW bn in 2025 and a record low of -8,257.252 KRW bn in 2005. KR: Balance of Payment: Current Account: Balance of Primary Income data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Balance of Payments: Current Account: Forecast: OECD Member: Annual.
| Last | Frequency | Range |
|---|---|---|
| 51,667.228 2027 | yearly | 1975 - 2027 |
View South Korea's Balance of Payment: Current Account: Balance of Primary Income from 1975 to 2027 in the chart:
Balance of Payment: Current Account: Balance of Secondary Income
KR: Balance of Payment: Current Account: Balance of Secondary Income data was reported at -6,496.808 KRW bn in 2027. This stayed constant from the previous number of -6,496.808 KRW bn for 2026. KR: Balance of Payment: Current Account: Balance of Secondary Income data is updated yearly, averaging -1,629.788 KRW bn from Dec 1975 (Median) to 2027, with 53 observations. The data reached an all-time high of 4,102.828 KRW bn in 1998 and a record low of -8,940.043 KRW bn in 2018. KR: Balance of Payment: Current Account: Balance of Secondary Income data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Balance of Payments: Current Account: Forecast: OECD Member: Annual. NTR - Balance of secondary income- According to the IMF's Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6).
| Last | Frequency | Range |
|---|---|---|
| -6,496.808 2027 | yearly | 1975 - 2027 |
View South Korea's Balance of Payment: Current Account: Balance of Secondary Income from 1975 to 2027 in the chart:
Balance of Payment: Current Account: Residual Item
KR: Balance of Payment: Current Account: Residual Item data was reported at 0.000 KRW bn in 2027. This stayed constant from the previous number of 0.000 KRW bn for 2026. KR: Balance of Payment: Current Account: Residual Item data is updated yearly, averaging -323.557 KRW bn from Dec 1975 (Median) to 2027, with 53 observations. The data reached an all-time high of 13,464.165 KRW bn in 2013 and a record low of -2,014.023 KRW bn in 2025. KR: Balance of Payment: Current Account: Residual Item data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.EO: Balance of Payments: Current Account: Forecast: OECD Member: Annual. CBR-Current account balance, residual item CBR measures the discrepancy which may still persist between data (on goods and services, exports and imports) according to the balance of payments and those according to the national accounts, despite the new standard methodology BPM6/SNA2008/ESA2010 requiring full consistency.
| Last | Frequency | Range |
|---|---|---|
| 0.000 2027 | yearly | 1975 - 2027 |