IDA only vs Korea: External balance on goods and services
IDA only
-8.4%
in 2025
Korea
5.2%
in 2025
IDA only rank
40th
Korea rank
39th
External balance on goods and services over time
- IDA only
- Korea
How they compare
Korea currently reports 5.2% against -8.4% in IDA only, a difference of 13.6%.
Across all 36 years both countries report, Korea has been ahead every year.
IDA only ranks 40th and Korea ranks 39th of 44 groups.
Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | IDA only | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -9.1% | 0.6% | 9.7% | Korea |
| 2000s | -8.0% | 1.6% | 9.6% | Korea |
| 2010s | -10.9% | 3.9% | 14.8% | Korea |
| 2020s | -9.6% | 2.8% | 12.4% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, IDA only or Korea?
- Korea, at 5.2% against -8.4% in IDA only as of 2025.
- What is the difference in external balance on goods and services between IDA only and Korea?
- 13.6%, with Korea ahead.
- How many years of comparable data are there for IDA only and Korea?
- 36 years are reported by both, from 1990 to 2025.
- How do IDA only and Korea rank globally for external balance on goods and services?
- IDA only ranks 40th and 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.