South Korea vs Lower middle income: Service exports
Service exports over time
- South Korea
- Lower middle income
How they compare
Lower middle income currently reports 609.21 billion BoP, current US$ against 150.14 billion BoP, current US$ in South Korea, a difference of 459.07 billion BoP, current US$.
That makes Lower middle income's figure about 4.1 times South Korea's.
Across all 50 years both countries report, Lower middle income has been ahead every year.
South Korea ranks 17th and Lower middle income ranks 17th of 199 countries.
Lower middle income has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | South Korea | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.19 billion BoP, current US$ | 9.03 billion BoP, current US$ | 5.84 billion BoP, current US$ | Lower middle income |
| 1980s | 7.23 billion BoP, current US$ | 16.06 billion BoP, current US$ | 8.84 billion BoP, current US$ | Lower middle income |
| 1990s | 19.92 billion BoP, current US$ | 35.44 billion BoP, current US$ | 15.53 billion BoP, current US$ | Lower middle income |
| 2000s | 51.80 billion BoP, current US$ | 115.52 billion BoP, current US$ | 63.72 billion BoP, current US$ | Lower middle income |
| 2010s | 98.14 billion BoP, current US$ | 277.36 billion BoP, current US$ | 179.22 billion BoP, current US$ | Lower middle income |
| 2020s | 127.22 billion BoP, current US$ | 461.14 billion BoP, current US$ | 333.92 billion BoP, current US$ | Lower middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher service exports, South Korea or Lower middle income?
- Lower middle income, at 609.21 billion BoP, current US$ against 150.14 billion BoP, current US$ in South Korea as of 2025.
- What is the difference in service exports between South Korea and Lower middle income?
- 459.07 billion BoP, current US$, with Lower middle income ahead.
- How many years of comparable data are there for South Korea and Lower middle income?
- 50 years are reported by both, from 1976 to 2025.
- How do South Korea and Lower middle income rank globally for service exports?
- South Korea ranks 17th and Lower middle income ranks 17th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Service exports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Exports of services are services provided by residents to non-residents. 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.