Ecuador vs Korea: Current account balance as a proportion of GDP
Ecuador
5.7%
in 2024
Korea
5.3%
in 2024
Ecuador rank
34th
Korea rank
36th
Current account balance as a proportion of GDP over time
- Ecuador
- Korea
How they compare
Ecuador currently reports 5.7% against 5.3% in Korea, a difference of 0.4%.
That makes Ecuador's figure about 1.1 times Korea's.
The two have swapped places 4 times across 25 shared years of data; in 2000 it was Ecuador ahead.
Ecuador ranks 34th and Korea ranks 36th of 204 countries.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ecuador | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.9% | 1.4% | 0.5% | Korea |
| 2010s | -0.8% | 4.3% | 5.1% | Korea |
| 2020s | 2.9% | 3.4% | 0.6% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a proportion of gdp, Ecuador or Korea?
- Ecuador, at 5.7% against 5.3% in Korea as of 2024.
- What is the difference in current account balance as a proportion of gdp between Ecuador and Korea?
- 0.4%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Korea?
- 25 years are reported by both, from 2000 to 2024.
- How do Ecuador and Korea rank globally for current account balance as a proportion of gdp?
- Ecuador ranks 34th and Korea ranks 36th of 204 countries.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Current account balance as a proportion of GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.