Europe & Central Asia (excluding high income) vs South Korea: External balance on goods and services
External balance on goods and services over time
- Europe & Central Asia (excluding high income)
- South Korea
How they compare
South Korea currently reports 5.2% against -3.8% in Europe & Central Asia (excluding high income), a difference of 9.0%.
That makes South Korea's figure about 1.4 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 4 times across 36 shared years of data; in 1990 it was South Korea ahead.
Europe & Central Asia (excluding high income) ranks 36th and South Korea ranks 39th of 44 groups.
South Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -2.9% | 0.6% | 3.4% | South Korea |
| 2000s | -2.0% | 1.6% | 3.5% | South Korea |
| 2010s | -1.8% | 3.9% | 5.7% | South Korea |
| 2020s | -2.7% | 2.8% | 5.4% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Europe & Central Asia (excluding high income) or South Korea?
- South Korea, at 5.2% against -3.8% in Europe & Central Asia (excluding high income) as of 2025.
- What is the difference in external balance on goods and services between Europe & Central Asia (excluding high income) and South Korea?
- 9.0%, with South Korea ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and South Korea?
- 36 years are reported by both, from 1990 to 2025.
- How do Europe & Central Asia (excluding high income) and South Korea rank globally for external balance on goods and services?
- Europe & Central Asia (excluding high income) ranks 36th and South Korea ranks 39th of 44 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.