Germany vs Korea: External balance on goods and services
External balance on goods and services over time
- Germany
- Korea
How they compare
Germany currently reports 119.04 billion current US$ against 96.70 billion current US$ in Korea, a difference of 22.34 billion current US$.
That makes Germany's figure about 1.2 times Korea's.
The two have swapped places 3 times across 56 shared years of data; in 1970 it was Korea ahead.
Germany ranks 5th and Korea ranks 6th of 192 countries.
Across the 6 decades both report, Germany averaged higher in 4 and Korea in 2.
Head to head by decade
| Decade | Germany | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -9.74 billion current US$ | -1.59 billion current US$ | 8.15 billion current US$ | Korea |
| 1980s | -17.71 billion current US$ | 1.35 billion current US$ | 19.06 billion current US$ | Korea |
| 1990s | 6.54 billion current US$ | 1.80 billion current US$ | 4.75 billion current US$ | Germany |
| 2000s | 126.24 billion current US$ | 13.13 billion current US$ | 113.11 billion current US$ | Germany |
| 2010s | 229.16 billion current US$ | 60.97 billion current US$ | 168.19 billion current US$ | Germany |
| 2020s | 168.86 billion current US$ | 51.67 billion current US$ | 117.19 billion current US$ | Germany |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Germany or Korea?
- Germany, at 119.04 billion current US$ against 96.70 billion current US$ in Korea as of 2025.
- What is the difference in external balance on goods and services between Germany and Korea?
- 22.34 billion current US$, with Germany ahead.
- How many years of comparable data are there for Germany and Korea?
- 56 years are reported by both, from 1970 to 2025.
- How do Germany and Korea rank globally for external balance on goods and services?
- Germany ranks 5th and Korea ranks 6th of 192 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). 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 indicator is expressed in United States dollars.