Economic Outlook 119 — Current account balance in USD in Korea
Korea: Economic Outlook 119 — Current account balance in USD was 204.54 billion in 2027. ◆ Volatile
Economic Outlook 119 — Current account balance in USD in Korea, 1975–2027
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2027, economic outlook 119 — current account balance in usd in Korea stood at 204.54 billion.
The figure is down 17.0% on the previous year and up 171.9% over ten years.
Over the whole period, economic outlook 119 — current account balance in usd in Korea peaked at 246.50 billion in 2026 and was at its lowest, -24.46 billion, in 1996.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook 119 — Current account balance in USD in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -1.82 billion | — |
| 1976 | -21.00 million | -98.8% |
| 1977 | 1.04 billion | -5030.0% |
| 1978 | 588.84 million | -43.1% |
| 1979 | -2.45 billion | -515.6% |
| 1980 | -6.90 billion | +181.8% |
| 1981 | -6.49 billion | -5.9% |
| 1982 | -5.63 billion | -13.2% |
| 1983 | -3.59 billion | -36.2% |
| 1984 | -1.85 billion | -48.6% |
| 1985 | -2.18 billion | +17.9% |
| 1986 | 2.61 billion | -219.7% |
| 1987 | 8.63 billion | +231.1% |
| 1988 | 12.76 billion | +47.8% |
| 1989 | 3.77 billion | -70.5% |
| 1990 | -2.80 billion | -174.5% |
| 1991 | -8.03 billion | +186.4% |
| 1992 | -2.90 billion | -63.9% |
| 1993 | 1.69 billion | -158.2% |
| 1994 | -4.79 billion | -383.9% |
| 1995 | -10.23 billion | +113.4% |
| 1996 | -24.46 billion | +139.1% |
| 1997 | -10.81 billion | -55.8% |
| 1998 | 40.11 billion | -471.0% |
| 1999 | 21.78 billion | -45.7% |
| 2000 | 10.18 billion | -53.3% |
| 2001 | 2.17 billion | -78.7% |
| 2002 | 4.07 billion | +87.7% |
| 2003 | 11.31 billion | +178.1% |
| 2004 | 29.29 billion | +159.0% |
| 2005 | 12.21 billion | -58.3% |
| 2006 | 2.09 billion | -82.8% |
| 2007 | 10.47 billion | +399.9% |
| 2008 | 1.75 billion | -83.3% |
| 2009 | 33.09 billion | +1787.6% |
| 2010 | 27.95 billion | -15.5% |
| 2011 | 16.64 billion | -40.5% |
| 2012 | 48.79 billion | +193.2% |
| 2013 | 77.26 billion | +58.3% |
| 2014 | 83.03 billion | +7.5% |
| 2015 | 105.12 billion | +26.6% |
| 2016 | 97.92 billion | -6.8% |
| 2017 | 75.23 billion | -23.2% |
| 2018 | 77.47 billion | +3.0% |
| 2019 | 59.68 billion | -23.0% |
| 2020 | 76.50 billion | +28.2% |
| 2021 | 83.88 billion | +9.6% |
| 2022 | 23.24 billion | -72.3% |
| 2023 | 32.53 billion | +40.0% |
| 2024 | 99.97 billion | +207.3% |
| 2025 | 123.05 billion | +23.1% |
| 2026 | 246.50 billion | +100.3% |
| 2027 | 204.54 billion | -17.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -533.77 million | -2.45 billion | 1.04 billion | 5 |
| 1980s | 112.99 million | -6.90 billion | 12.76 billion | 10 |
| 1990s | -44.78 million | -24.46 billion | 40.11 billion | 10 |
| 2000s | 11.66 billion | 1.75 billion | 33.09 billion | 10 |
| 2010s | 66.91 billion | 16.64 billion | 105.12 billion | 10 |
| 2020s | 111.28 billion | 23.24 billion | 246.50 billion | 8 |
Countries ranked near Korea
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is economic outlook 119 — current account balance in usd in Korea?
- Economic outlook 119 — current account balance in usd in Korea was 204.54 billion in 2027, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook 119 — current account balance in usd recorded in Korea?
- The highest recorded value was 246.50 billion in 2026.
- What is the lowest economic outlook 119 — current account balance in usd recorded in Korea?
- The lowest recorded value was -24.46 billion in 1996.
- How does Korea rank for economic outlook 119 — current account balance in usd?
- Korea ranks 2nd out of 4 groups with data for 2027.
- Is economic outlook 119 — current account balance in usd rising or falling in Korea?
- Over the last ten years it is up 171.9%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook 119 — Current account balance in USD. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2026), OECD Economic Outlook No 119 (Edition 2026/1) EO119 Database documentation EO119 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP