Ecuador vs Republic of Korea: Current account balance as a share of GDP
Ecuador
5.7%
in 2024
Republic of Korea
5.3%
in 2024
Ecuador rank
34th
Republic of Korea rank
36th
Current account balance as a share of GDP over time
- Ecuador
- Republic of Korea
How they compare
Ecuador currently reports 5.7% against 5.3% in Republic of Korea, a difference of 0.4%.
That makes Ecuador's figure about 1.1 times Republic of 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 Republic of Korea ranks 36th of 193 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ecuador | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.9% | 1.4% | 0.5% | Republic of Korea |
| 2010s | -0.8% | 4.3% | 5.1% | Republic of Korea |
| 2020s | 2.9% | 3.4% | 0.6% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance as a share of gdp, Ecuador or Republic of Korea?
- Ecuador, at 5.7% against 5.3% in Republic of Korea as of 2024.
- What is the difference in current account balance as a share of gdp between Ecuador and Republic of Korea?
- 0.4%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Republic of Korea?
- 25 years are reported by both, from 2000 to 2024.
- How do Ecuador and Republic of Korea rank globally for current account balance as a share of gdp?
- Ecuador ranks 34th and Republic of Korea ranks 36th of 193 countries.
- Where does this data come from?
- International Monetary Fund – processed by Our World in Data, published as Current account balance as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Current account balance as a proportion of GDP (%).