China (People’s Republic of) vs Korea: Current account balance
Current account balance over time
- China (People’s Republic of)
- Korea
How they compare
China (People’s Republic of) currently reports 735.02 billion BoP, current US$ against 123.05 billion BoP, current US$ in Korea, a difference of 611.97 billion BoP, current US$.
That makes China (People’s Republic of)'s figure about 6.0 times Korea's.
The two have swapped places 8 times across 44 shared years of data; in 1982 it was China (People’s Republic of) ahead.
China (People’s Republic of) ranks 1st and Korea ranks 4th of 199 countries.
Across the 5 decades both report, China (People’s Republic of) averaged higher in 4 and Korea in 1.
Head to head by decade
| Decade | China (People’s Republic of) | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -1.79 billion BoP, current US$ | 1.90 billion BoP, current US$ | 3.69 billion BoP, current US$ | Korea |
| 1990s | 12.54 billion BoP, current US$ | -44.92 million BoP, current US$ | 12.58 billion BoP, current US$ | China (People’s Republic of) |
| 2000s | 156.66 billion BoP, current US$ | 11.66 billion BoP, current US$ | 144.99 billion BoP, current US$ | China (People’s Republic of) |
| 2010s | 176.10 billion BoP, current US$ | 66.91 billion BoP, current US$ | 109.19 billion BoP, current US$ | China (People’s Republic of) |
| 2020s | 396.60 billion BoP, current US$ | 73.20 billion BoP, current US$ | 323.40 billion BoP, current US$ | China (People’s Republic of) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, China (People’s Republic of) or Korea?
- China (People’s Republic of), at 735.02 billion BoP, current US$ against 123.05 billion BoP, current US$ in Korea as of 2025.
- What is the difference in current account balance between China (People’s Republic of) and Korea?
- 611.97 billion BoP, current US$, with China (People’s Republic of) ahead.
- How many years of comparable data are there for China (People’s Republic of) and Korea?
- 44 years are reported by both, from 1982 to 2025.
- How do China (People’s Republic of) and Korea rank globally for current account balance?
- China (People’s Republic of) ranks 1st and Korea ranks 4th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.