Iraq vs South Korea: External balance on goods and services
External balance on goods and services over time
- Iraq
- South Korea
How they compare
South Korea currently reports 143.51 trillion constant LCU against 31.09 trillion constant LCU in Iraq, a difference of 112.41 trillion constant LCU.
That makes South Korea's figure about 4.6 times Iraq's.
Across all 5 years both countries report, South Korea has been ahead every year.
Iraq ranks 5th and South Korea ranks 3rd of 161 countries.
South Korea has averaged higher in every one of the 1 decades both report.
Frequently asked questions
- Which has higher external balance on goods and services, Iraq or South Korea?
- South Korea, at 143.51 trillion constant LCU against 31.09 trillion constant LCU in Iraq as of 2025.
- What is the difference in external balance on goods and services between Iraq and South Korea?
- 112.41 trillion constant LCU, with South Korea ahead.
- How many years of comparable data are there for Iraq and South Korea?
- 5 years are reported by both, from 2020 to 2024.
- How do Iraq and South Korea rank globally for external balance on goods and services?
- Iraq ranks 5th and South Korea ranks 3rd of 161 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.