Indonesia vs Republic of Korea: External balance on goods and services (current LCU), annual growth

Indonesia
36.89 % change on previous year
in 2025
Republic of Korea
32.05 % change on previous year
in 2025
Indonesia rank
32nd
Republic of Korea rank
34th

External balance on goods and services (current LCU), annual growth over time

  • Indonesia
  • Republic of Korea
-50005001.0k196119932025

How they compare

Indonesia currently reports 36.89 % change on previous year against 32.05 % change on previous year in Republic of Korea, a difference of 4.84 % change on previous year.

That makes Indonesia's figure about 1.2 times Republic of Korea's.

The two have swapped places 29 times across 59 shared years of data; in 1961 it was Republic of Korea ahead.

Indonesia ranks 32nd and Republic of Korea ranks 34th of 192 countries.

Across the 7 decades both report, Indonesia averaged higher in 4 and Republic of Korea in 3.

Head to head by decade

Decade Indonesia Republic of Korea Difference Ahead
1960s -124.55 % change on previous year -32.53 % change on previous year 92.02 % change on previous year Republic of Korea
1970s 132.79 % change on previous year -27.77 % change on previous year 160.56 % change on previous year Indonesia
1980s 34.89 % change on previous year 78.3 % change on previous year 43.41 % change on previous year Republic of Korea
1990s -11.11 % change on previous year -93.92 % change on previous year 82.81 % change on previous year Indonesia
2000s 3.18 % change on previous year -11.12 % change on previous year 14.3 % change on previous year Indonesia
2010s -6.09 % change on previous year 18.3 % change on previous year 24.39 % change on previous year Republic of Korea
2020s 158.5 % change on previous year -7 % change on previous year 165.5 % change on previous year Indonesia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services (current lcu), annual growth, Indonesia or Republic of Korea?
Indonesia, at 36.89 % change on previous year against 32.05 % change on previous year in Republic of Korea as of 2025.
What is the difference in external balance on goods and services (current lcu), annual growth between Indonesia and Republic of Korea?
4.84 % change on previous year, with Indonesia ahead.
How many years of comparable data are there for Indonesia and Republic of Korea?
59 years are reported by both, from 1961 to 2025.
How do Indonesia and Republic of Korea rank globally for external balance on goods and services (current lcu), annual growth?
Indonesia ranks 32nd and Republic of Korea ranks 34th of 192 countries.
Where does this data come from?
Statizoid (derived), published as External balance on goods and services (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Indonesia vs Republic of Korea: External balance on goods and services (current LCU), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-lcu-annual-growth-rate/indonesia/korea-rep/

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About this data

Indicator
External balance on goods and services (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
192 places, 8,589 data points, 1961–2025
Last refreshed

The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.