Indonesia vs South Korea: External balance on goods and services
External balance on goods and services over time
- Indonesia
- South Korea
How they compare
Indonesia currently reports 548.34 trillion current LCU against 137.55 trillion current LCU in South Korea, a difference of 410.79 trillion current LCU.
That makes Indonesia's figure about 4.0 times South Korea's.
The two have swapped places 10 times across 66 shared years of data; in 1960 it was Indonesia ahead.
Indonesia ranks 2nd and South Korea ranks 3rd of 192 countries.
Across the 7 decades both report, Indonesia averaged higher in 6 and South Korea in 1.
Head to head by decade
| Decade | Indonesia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | -54.98 billion current LCU | -98.28 billion current LCU | 43.30 billion current LCU | Indonesia |
| 1970s | 379.45 billion current LCU | -713.52 billion current LCU | 1.09 trillion current LCU | Indonesia |
| 1980s | 2.03 trillion current LCU | 1.22 trillion current LCU | 810.53 billion current LCU | Indonesia |
| 1990s | 20.11 trillion current LCU | 4.90 trillion current LCU | 15.22 trillion current LCU | Indonesia |
| 2000s | 131.71 trillion current LCU | 15.23 trillion current LCU | 116.48 trillion current LCU | Indonesia |
| 2010s | 18.03 trillion current LCU | 68.43 trillion current LCU | 50.40 trillion current LCU | South Korea |
| 2020s | 466.73 trillion current LCU | 66.98 trillion current LCU | 399.75 trillion current LCU | Indonesia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Indonesia or South Korea?
- Indonesia, at 548.34 trillion current LCU against 137.55 trillion current LCU in South Korea as of 2025.
- What is the difference in external balance on goods and services between Indonesia and South Korea?
- 410.79 trillion current LCU, with Indonesia ahead.
- How many years of comparable data are there for Indonesia and South Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do Indonesia and South Korea rank globally for external balance on goods and services?
- Indonesia ranks 2nd and South Korea ranks 3rd of 192 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.