Euro area vs Republic of Korea: Current account balance

Euro area
313.01 billion BoP, current US$
in 2025
Republic of Korea
123.05 billion BoP, current US$
in 2025
Euro area rank
1st
Republic of Korea rank
4th

Current account balance over time

  • Euro area
  • Republic of Korea
-200.0B0200.0B400.0B197620002025

How they compare

Euro area currently reports 313.01 billion BoP, current US$ against 123.05 billion BoP, current US$ in Republic of Korea, a difference of 189.95 billion BoP, current US$.

That makes Euro area's figure about 2.5 times Republic of Korea's.

The two have swapped places 7 times across 27 shared years of data; in 1999 it was Republic of Korea ahead.

Euro area ranks 1st and Republic of Korea ranks 4th of 1 regions.

Across the 4 decades both report, Euro area averaged higher in 2 and Republic of Korea in 2.

Head to head by decade

Decade Euro area Republic of Korea Difference Ahead
1990s -25.87 billion BoP, current US$ 21.78 billion BoP, current US$ 47.65 billion BoP, current US$ Republic of Korea
2000s -20.94 billion BoP, current US$ 11.66 billion BoP, current US$ 32.60 billion BoP, current US$ Republic of Korea
2010s 252.35 billion BoP, current US$ 66.91 billion BoP, current US$ 185.44 billion BoP, current US$ Euro area
2020s 278.74 billion BoP, current US$ 73.20 billion BoP, current US$ 205.55 billion BoP, current US$ Euro area

Averages of every year both report within each decade.

Frequently asked questions

Which has higher current account balance, Euro area or Republic of Korea?
Euro area, at 313.01 billion BoP, current US$ against 123.05 billion BoP, current US$ in Republic of Korea as of 2025.
What is the difference in current account balance between Euro area and Republic of Korea?
189.95 billion BoP, current US$, with Euro area ahead.
How many years of comparable data are there for Euro area and Republic of Korea?
27 years are reported by both, from 1999 to 2025.
How do Euro area and Republic of Korea rank globally for current account balance?
Euro area ranks 1st and Republic of Korea ranks 4th of 1 regions.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Euro area vs Republic of Korea: Current account balance. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 24 August 2026, from https://economy.statizoid.com/compare/current-account-balance-bop-current-us/euro-area/korea-rep/

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About this data

Indicator
Current account balance (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 7,806 data points, 1960–2025
Last refreshed

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.