IDA total vs Korea: External balance on goods and services
IDA total
-5.2%
in 2025
Korea
5.2%
in 2025
IDA total rank
37th
Korea rank
39th
External balance on goods and services over time
- IDA total
- Korea
How they compare
Korea currently reports 5.2% against -5.2% in IDA total, a difference of 10.4%.
The two have swapped places 3 times across 46 shared years of data; in 1980 it was IDA total ahead.
IDA total ranks 37th and Korea ranks 39th of 44 groups.
Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | IDA total | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1980s | -5.4% | -0.5% | 4.9% | Korea |
| 1990s | -3.1% | 0.6% | 3.6% | Korea |
| 2000s | -2.9% | 1.6% | 4.4% | Korea |
| 2010s | -5.8% | 3.9% | 9.7% | Korea |
| 2020s | -5.9% | 2.8% | 8.7% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, IDA total or Korea?
- Korea, at 5.2% against -5.2% in IDA total as of 2025.
- What is the difference in external balance on goods and services between IDA total and Korea?
- 10.4%, with Korea ahead.
- How many years of comparable data are there for IDA total and Korea?
- 46 years are reported by both, from 1980 to 2025.
- How do IDA total and Korea rank globally for external balance on goods and services?
- IDA total ranks 37th 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.