Germany vs South Korea: Current account balance as a proportion of GDP (%)
Germany
5.8%
in 2024
South Korea
5.3%
in 2024
Germany rank
34th
South Korea rank
37th
Current account balance as a proportion of GDP (%) over time
- Germany
- South Korea
How they compare
Germany currently reports 5.8% against 5.3% in South Korea, a difference of 0.5%.
That makes Germany's figure about 1.1 times South Korea's.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was South Korea ahead.
Germany ranks 34th and South Korea ranks 37th of 205 countries.
Germany has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Germany | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.5% | 1.4% | 2.1% | Germany |
| 2010s | 7.5% | 4.3% | 3.1% | Germany |
| 2020s | 5.7% | 3.4% | 2.2% | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a proportion of gdp, Germany or South Korea?
- Germany, at 5.8% against 5.3% in South Korea as of 2024.
- What is the difference in current account balance as a proportion of gdp between Germany and South Korea?
- 0.5%, with Germany ahead.
- How many years of comparable data are there for Germany and South Korea?
- 25 years are reported by both, from 2000 to 2024.
- How do Germany and South Korea rank globally for current account balance as a proportion of gdp?
- Germany ranks 34th and South Korea ranks 37th of 205 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.