Germany vs Republic of Korea: Current account balance as a share of GDP
Germany
5.8%
in 2024
Republic of Korea
5.3%
in 2024
Germany rank
33rd
Republic of Korea rank
36th
Current account balance as a share of GDP over time
- Germany
- Republic of Korea
How they compare
Germany currently reports 5.8% against 5.3% in Republic of Korea, a difference of 0.5%.
That makes Germany's figure about 1.1 times Republic of Korea's.
The two have swapped places 3 times across 25 shared years of data; in 2000 it was Republic of Korea ahead.
Germany ranks 33rd and Republic of Korea ranks 36th of 193 countries.
Germany has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Germany | Republic of 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 share of gdp, Germany or Republic of Korea?
- Germany, at 5.8% against 5.3% in Republic of Korea as of 2024.
- What is the difference in current account balance as a share of gdp between Germany and Republic of Korea?
- 0.5%, with Germany ahead.
- How many years of comparable data are there for Germany and Republic of Korea?
- 25 years are reported by both, from 2000 to 2024.
- How do Germany and Republic of Korea rank globally for current account balance as a share of gdp?
- Germany ranks 33rd 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 (%).