Ireland vs Korea: Current account balance
Current account balance over time
- Ireland
- Korea
How they compare
Korea currently reports 123.05 billion BoP, current US$ against 105.99 billion BoP, current US$ in Ireland, a difference of 17.06 billion BoP, current US$.
That makes Korea's figure about 1.2 times Ireland's.
The two have swapped places 1 time across 20 shared years of data; in 2005 it was Korea ahead.
Ireland ranks 6th and Korea ranks 4th of 199 countries.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Ireland | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -9.83 billion BoP, current US$ | 11.92 billion BoP, current US$ | 21.76 billion BoP, current US$ | Korea |
| 2010s | -3.62 billion BoP, current US$ | 66.91 billion BoP, current US$ | 70.53 billion BoP, current US$ | Korea |
| 2020s | 46.99 billion BoP, current US$ | 63.22 billion BoP, current US$ | 16.23 billion BoP, current US$ | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Ireland or Korea?
- Korea, at 123.05 billion BoP, current US$ against 105.99 billion BoP, current US$ in Ireland as of 2025.
- What is the difference in current account balance between Ireland and Korea?
- 17.06 billion BoP, current US$, with Korea ahead.
- How many years of comparable data are there for Ireland and Korea?
- 20 years are reported by both, from 2005 to 2024.
- How do Ireland and Korea rank globally for current account balance?
- Ireland ranks 6th and Korea ranks 4th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). 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.