Economic Outlook No 117 — Current account balance, residual item in Korea
Korea: Economic Outlook No 117 — Current account balance, residual item was -23.80 trillion in 2026. ◆ Volatile
Economic Outlook No 117 — Current account balance, residual item in Korea, 1975–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
Korea recorded -23.80 trillion for economic outlook no 117 — current account balance, residual item in 2026. That is the lowest value across all 52 years on record.
That represents a change of down 12.5% on the previous year and down 3,888.1% over ten years.
Over the whole period, economic outlook no 117 — current account balance, residual item in Korea peaked at 13.46 trillion in 2013 and was at its lowest, -23.80 trillion, in 2026.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Current account balance, residual item in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | 152.79 billion | — |
| 1976 | 483.14 billion | +216.2% |
| 1977 | 1.08 trillion | +123.8% |
| 1978 | 1.60 trillion | +47.6% |
| 1979 | 1.67 trillion | +4.9% |
| 1980 | 341.74 billion | -79.6% |
| 1981 | 871.74 billion | +155.1% |
| 1982 | 851.03 billion | -2.4% |
| 1983 | 378.24 billion | -55.6% |
| 1984 | 237.60 billion | -37.2% |
| 1985 | -828.82 billion | -448.8% |
| 1986 | 22.88 billion | -102.8% |
| 1987 | 65.43 billion | +186.0% |
| 1988 | 253.76 billion | +287.8% |
| 1989 | -264.37 billion | -204.2% |
| 1990 | -512.27 billion | +93.8% |
| 1991 | -182.26 billion | -64.4% |
| 1992 | -582.26 billion | +219.5% |
| 1993 | 376.18 billion | -164.6% |
| 1994 | -749.68 billion | -299.3% |
| 1995 | -975.66 billion | +30.1% |
| 1996 | -977.71 billion | +0.2% |
| 1997 | -1.77 trillion | +80.6% |
| 1998 | 3.76 trillion | -313.1% |
| 1999 | 123.30 million | -100.0% |
| 2000 | 5.12 trillion | +4155485.5% |
| 2001 | -323.56 billion | -106.3% |
| 2002 | 2.18 trillion | -772.5% |
| 2003 | 7.75 trillion | +256.2% |
| 2004 | 8.14 trillion | +5.1% |
| 2005 | 3.33 trillion | -59.1% |
| 2006 | 5.48 trillion | +64.4% |
| 2007 | 9.43 trillion | +72.0% |
| 2008 | 12.64 trillion | +34.1% |
| 2009 | 1.52 trillion | -88.0% |
| 2010 | 4.78 trillion | +215.0% |
| 2011 | 5.00 trillion | +4.5% |
| 2012 | 10.51 trillion | +110.2% |
| 2013 | 13.46 trillion | +28.2% |
| 2014 | 11.23 trillion | -16.6% |
| 2015 | 5.56 trillion | -50.5% |
| 2016 | -596.86 billion | -110.7% |
| 2017 | -194.32 billion | -67.4% |
| 2018 | 4.60 trillion | -2469.1% |
| 2019 | 7.79 trillion | +69.1% |
| 2020 | 643.09 billion | -91.7% |
| 2021 | 5.46 trillion | +749.7% |
| 2022 | 8.01 trillion | +46.5% |
| 2023 | 8.33 trillion | +4.0% |
| 2024 | 3.04 trillion | -63.5% |
| 2025 | -21.16 trillion | -796.0% |
| 2026 | -23.80 trillion | +12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 997.14 billion | 152.79 billion | 1.67 trillion | 5 |
| 1980s | 192.92 billion | -828.82 billion | 871.74 billion | 10 |
| 1990s | -160.55 billion | -1.77 trillion | 3.76 trillion | 10 |
| 2000s | 5.53 trillion | -323.56 billion | 12.64 trillion | 10 |
| 2010s | 6.21 trillion | -596.86 billion | 13.46 trillion | 10 |
| 2020s | -2.78 trillion | -23.80 trillion | 8.33 trillion | 7 |
Countries ranked near Korea
- 2 Argentina 1.49 trillion compare
- 2 Croatia 0 compare
- 3 Costa Rica 415.79 billion compare
- 3 Lithuania 269.03 million compare
- 4 Estonia 0 compare
- 4 Latvia 0 compare
- 4 Luxembourg 11.90 billion compare
- 4 Netherlands 0 compare
- 4 Slovenia 0 compare
- 5 Spain 1.51 billion compare
- 6 Portugal 1.04 billion compare
- 7 Ireland 1.00 billion compare
- 7 Italy 1.00 billion compare
- 8 Türkiye -28.79 billion compare
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- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 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 117 — current account balance, residual item in Korea?
- Economic outlook no 117 — current account balance, residual item in Korea was -23.80 trillion in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — current account balance, residual item recorded in Korea?
- The highest recorded value was 13.46 trillion in 2013.
- What is the lowest economic outlook no 117 — current account balance, residual item recorded in Korea?
- The lowest recorded value was -23.80 trillion in 2026.
- How does Korea rank for economic outlook no 117 — current account balance, residual item?
- Korea ranks 5th out of 5 groups with data for 2026.
- Is economic outlook no 117 — current account balance, residual item rising or falling in Korea?
- Over the last ten years it is down 3,888.1%. 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 117 — Current account balance, residual item. 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 (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 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