Ecuador vs Republic of Korea: Current account balance
Current account balance over time
- Ecuador
- Republic of Korea
How they compare
Republic of Korea currently reports 6.6% against 5.9% in Ecuador, a difference of 0.7%.
That makes Republic of Korea's figure about 1.1 times Ecuador's.
The two have swapped places 13 times across 50 shared years of data; in 1976 it was Ecuador ahead.
Ecuador ranks 34th and Republic of Korea ranks 31st of 200 countries.
Republic of Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Ecuador | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -3.4% | -2.3% | 1.1% | Republic of Korea |
| 1980s | -3.9% | -1.8% | 2.1% | Republic of Korea |
| 1990s | -2.4% | 0.2% | 2.7% | Republic of Korea |
| 2000s | 0.9% | 1.4% | 0.5% | Republic of Korea |
| 2010s | -0.8% | 4.3% | 5.2% | Republic of Korea |
| 2020s | 3.4% | 3.9% | 0.5% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, Ecuador or Republic of Korea?
- Republic of Korea, at 6.6% against 5.9% in Ecuador as of 2025.
- What is the difference in current account balance between Ecuador and Republic of Korea?
- 0.7%, with Republic of Korea ahead.
- How many years of comparable data are there for Ecuador and Republic of Korea?
- 50 years are reported by both, from 1976 to 2025.
- How do Ecuador and Republic of Korea rank globally for current account balance?
- Ecuador ranks 34th and Republic of Korea ranks 31st of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.