Republic of Korea vs Qatar: External balance on goods and services

Republic of Korea
96.70 billion current US$
in 2025
Qatar
87.17 billion current US$
in 2022
Republic of Korea rank
6th
Qatar rank
8th

External balance on goods and services over time

  • Republic of Korea
  • Qatar
-25.0B025.0B50.0B75.0B100.0B196019922025

How they compare

Republic of Korea currently reports 96.70 billion current US$ against 87.17 billion current US$ in Qatar, a difference of 9.53 billion current US$.

That makes Republic of Korea's figure about 1.1 times Qatar's.

The two have swapped places 10 times across 43 shared years of data; in 1980 it was Qatar ahead.

Republic of Korea ranks 6th and Qatar ranks 8th of 192 countries.

Across the 5 decades both report, Republic of Korea averaged higher in 2 and Qatar in 3.

Head to head by decade

Decade Republic of Korea Qatar Difference Ahead
1980s 1.35 billion current US$ 1.55 billion current US$ 203.78 million current US$ Qatar
1990s 1.80 billion current US$ 1.26 billion current US$ 540.54 million current US$ Republic of Korea
2000s 13.13 billion current US$ 15.23 billion current US$ 2.10 billion current US$ Qatar
2010s 60.97 billion current US$ 50.32 billion current US$ 10.65 billion current US$ Republic of Korea
2020s 43.28 billion current US$ 47.80 billion current US$ 4.52 billion current US$ Qatar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external balance on goods and services, Republic of Korea or Qatar?
Republic of Korea, at 96.70 billion current US$ against 87.17 billion current US$ in Qatar as of 2025.
What is the difference in external balance on goods and services between Republic of Korea and Qatar?
9.53 billion current US$, with Republic of Korea ahead.
How many years of comparable data are there for Republic of Korea and Qatar?
43 years are reported by both, from 1980 to 2022.
How do Republic of Korea and Qatar rank globally for external balance on goods and services?
Republic of Korea ranks 6th and Qatar ranks 8th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Qatar: External balance on goods and services. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 22 August 2026, from https://economy.statizoid.com/compare/external-balance-on-goods-and-services-current-us/korea-rep/qatar/

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About this data

Indicator
External balance on goods and services (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 9,040 data points, 1960–2025
Last refreshed

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.