Korea vs Least developed countries: External balance on goods and services
Korea
5.2%
in 2025
Least developed countries
-6.8%
in 2025
Korea rank
39th
Least developed countries rank
39th
External balance on goods and services over time
- Korea
- Least developed countries
How they compare
Korea currently reports 5.2% against -6.8% in Least developed countries, a difference of 12.0%.
Across all 32 years both countries report, Korea has been ahead every year.
Korea ranks 39th and Least developed countries ranks 39th of 193 countries.
Korea has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Korea | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.5% | -8.1% | 9.6% | Korea |
| 2000s | 1.6% | -5.9% | 7.4% | Korea |
| 2010s | 3.9% | -8.1% | 12.0% | Korea |
| 2020s | 2.8% | -8.0% | 10.8% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, Korea or Least developed countries?
- Korea, at 5.2% against -6.8% in Least developed countries as of 2025.
- What is the difference in external balance on goods and services between Korea and Least developed countries?
- 12.0%, with Korea ahead.
- How many years of comparable data are there for Korea and Least developed countries?
- 32 years are reported by both, from 1994 to 2025.
- How do Korea and Least developed countries rank globally for external balance on goods and services?
- Korea ranks 39th and Least developed countries ranks 39th of 193 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 (% 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.