Economic Outlook No 116 — Current account balance in Korea
Korea: Economic Outlook No 116 — Current account balance was 118.68 trillion in 2026. ◆ Volatile
Economic Outlook No 116 — Current account balance in Korea, 1975–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
The most recent figure for economic outlook no 116 — current account balance in Korea is 118.68 trillion, measured in 2026.
The figure is down 0.3% on the previous year and up 4.1% over ten years.
Over the whole period, economic outlook no 116 — current account balance in Korea peaked at 119.07 trillion in 2025 and was at its lowest, -19.79 trillion, in 1996.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 116 — Current account balance in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -883.22 billion | — |
| 1976 | -10.15 billion | -98.9% |
| 1977 | 501.16 billion | -5039.0% |
| 1978 | 284.98 billion | -43.1% |
| 1979 | -1.18 trillion | -515.6% |
| 1980 | -4.17 trillion | +252.2% |
| 1981 | -4.42 trillion | +5.9% |
| 1982 | -4.14 trillion | -6.3% |
| 1983 | -2.76 trillion | -33.2% |
| 1984 | -1.48 trillion | -46.4% |
| 1985 | -1.89 trillion | +27.4% |
| 1986 | 2.28 trillion | -220.8% |
| 1987 | 7.15 trillion | +213.3% |
| 1988 | 9.32 trillion | +30.4% |
| 1989 | 2.53 trillion | -72.8% |
| 1990 | -2.01 trillion | -179.2% |
| 1991 | -5.87 trillion | +192.8% |
| 1992 | -2.25 trillion | -61.6% |
| 1993 | 1.36 trillion | -160.4% |
| 1994 | -3.84 trillion | -382.2% |
| 1995 | -7.88 trillion | +105.0% |
| 1996 | -19.79 trillion | +151.2% |
| 1997 | -9.62 trillion | -51.4% |
| 1998 | 57.17 trillion | -694.6% |
| 1999 | 25.87 trillion | -54.8% |
| 2000 | 11.49 trillion | -55.6% |
| 2001 | 2.78 trillion | -75.9% |
| 2002 | 5.18 trillion | +86.5% |
| 2003 | 13.34 trillion | +157.7% |
| 2004 | 33.58 trillion | +151.8% |
| 2005 | 12.50 trillion | -62.8% |
| 2006 | 1.91 trillion | -84.7% |
| 2007 | 9.75 trillion | +409.4% |
| 2008 | 4.71 trillion | -51.6% |
| 2009 | 43.36 trillion | +820.2% |
| 2010 | 32.62 trillion | -24.8% |
| 2011 | 18.52 trillion | -43.2% |
| 2012 | 54.50 trillion | +194.3% |
| 2013 | 84.68 trillion | +55.4% |
| 2014 | 87.48 trillion | +3.3% |
| 2015 | 118.85 trillion | +35.9% |
| 2016 | 114.02 trillion | -4.1% |
| 2017 | 85.14 trillion | -25.3% |
| 2018 | 85.34 trillion | +0.2% |
| 2019 | 69.65 trillion | -18.4% |
| 2020 | 88.13 trillion | +26.5% |
| 2021 | 97.17 trillion | +10.3% |
| 2022 | 31.14 trillion | -68.0% |
| 2023 | 46.70 trillion | +49.9% |
| 2024 | 117.25 trillion | +151.1% |
| 2025 | 119.07 trillion | +1.6% |
| 2026 | 118.68 trillion | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -258.34 billion | -1.18 trillion | 501.16 billion | 5 |
| 1980s | 241.54 billion | -4.42 trillion | 9.32 trillion | 10 |
| 1990s | 3.31 trillion | -19.79 trillion | 57.17 trillion | 10 |
| 2000s | 13.86 trillion | 1.91 trillion | 43.36 trillion | 10 |
| 2010s | 75.08 trillion | 18.52 trillion | 118.85 trillion | 10 |
| 2020s | 88.31 trillion | 31.14 trillion | 119.07 trillion | 7 |
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 no 116 — current account balance in Korea?
- Economic outlook no 116 — current account balance in Korea was 118.68 trillion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 116 — current account balance recorded in Korea?
- The highest recorded value was 119.07 trillion in 2025.
- What is the lowest economic outlook no 116 — current account balance recorded in Korea?
- The lowest recorded value was -19.79 trillion in 1996.
- How does Korea rank for economic outlook no 116 — current account balance?
- Korea ranks 1st out of 4 groups with data for 2026.
- Is economic outlook no 116 — current account balance rising or falling in Korea?
- Over the last ten years it is up 4.1%. 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 No 116 — Current account balance. 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 (2024), OECD Economic Outlook No 116 (Edition 2024/2) EO116 Database documentation EO116 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org