Net trade in goods and services (BoP, current US$), annual growth rate in South Korea
South Korea: Net trade in goods and services (BoP, current US$), annual growth rate was 27.09 % change on previous year in 2025. ◆ Volatile
Net trade in goods and services (BoP, current US$), annual growth rate in South Korea, 1977–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
South Korea recorded 27.09 % change on previous year for net trade in goods and services (bop, current us$), annual growth rate in 2025.
That represents a change of down 94.4% on the previous year and down 1.5% over ten years.
Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in South Korea peaked at 631.91 % change on previous year in 1998 and was at its lowest, -424.82 % change on previous year, in 1978.
South Korea ranks 43rd of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services (BoP, current US$), annual growth rate in South Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1977 | 211.02 % change on previous year | — |
| 1978 | -424.82 % change on previous year | -301.3% |
| 1979 | -282.75 % change on previous year | -33.4% |
| 1980 | -50.52 % change on previous year | -82.1% |
| 1981 | 21.09 % change on previous year | -141.7% |
| 1982 | 23.66 % change on previous year | +12.2% |
| 1983 | 52.47 % change on previous year | +121.8% |
| 1984 | 141.64 % change on previous year | +169.9% |
| 1985 | -87.89 % change on previous year | -162.0% |
| 1987 | 119.59 % change on previous year | -236.1% |
| 1988 | 29.04 % change on previous year | -75.7% |
| 1989 | -70.39 % change on previous year | -342.4% |
| 1990 | -185.62 % change on previous year | +163.7% |
| 1991 | -156.14 % change on previous year | -15.9% |
| 1992 | 59.93 % change on previous year | -138.4% |
| 1993 | 150.84 % change on previous year | +151.7% |
| 1994 | -366.46 % change on previous year | -342.9% |
| 1995 | -89.45 % change on previous year | -75.6% |
| 1996 | -161.69 % change on previous year | +80.7% |
| 1997 | 63.65 % change on previous year | -139.4% |
| 1998 | 631.91 % change on previous year | +892.8% |
| 1999 | -37.67 % change on previous year | -106.0% |
| 2000 | -45.08 % change on previous year | +19.7% |
| 2001 | -50.92 % change on previous year | +12.9% |
| 2002 | 20.27 % change on previous year | -139.8% |
| 2003 | 101.38 % change on previous year | +400.2% |
| 2004 | 97.32 % change on previous year | -4.0% |
| 2005 | -31.11 % change on previous year | -132.0% |
| 2006 | -51.19 % change on previous year | +64.6% |
| 2007 | 69.04 % change on previous year | -234.9% |
| 2008 | -71.98 % change on previous year | -204.2% |
| 2009 | 612.33 % change on previous year | -950.7% |
| 2010 | -12.29 % change on previous year | -102.0% |
| 2011 | -53.01 % change on previous year | +331.3% |
| 2012 | 172.79 % change on previous year | -426.0% |
| 2013 | 69.83 % change on previous year | -59.6% |
| 2014 | 12.07 % change on previous year | -82.7% |
| 2015 | 27.51 % change on previous year | +127.9% |
| 2016 | -6.18 % change on previous year | -122.5% |
| 2017 | -22.46 % change on previous year | +263.6% |
| 2018 | 5.02 % change on previous year | -122.4% |
| 2019 | -34.38 % change on previous year | -784.8% |
| 2020 | 28.28 % change on previous year | -182.3% |
| 2021 | 4 % change on previous year | -85.9% |
| 2022 | -89.27 % change on previous year | -2332.8% |
| 2023 | 83.12 % change on previous year | -193.1% |
| 2024 | 486.7 % change on previous year | +485.5% |
| 2025 | 27.09 % change on previous year | -94.4% |
South Korea compared with similar countries
- South Korea's 27.09 % change on previous year is above the median for high income countries, which is 1.31 % change on previous year, 20.7× the median. (71 countries reporting)
- South Korea's 27.09 % change on previous year is above the median for East Asia & Pacific, which is 11.08 % change on previous year, 2.4× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services (BoP, current US$), annual growth rate in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -2332.8% | 4 % change on previous year | -89.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -165.52 % change on previous year | -424.82 % change on previous year | 211.02 % change on previous year | 3 |
| 1980s | 19.86 % change on previous year | -87.89 % change on previous year | 141.64 % change on previous year | 9 |
| 1990s | -9.07 % change on previous year | -366.46 % change on previous year | 631.91 % change on previous year | 10 |
| 2000s | 65.01 % change on previous year | -71.98 % change on previous year | 612.33 % change on previous year | 10 |
| 2010s | 15.89 % change on previous year | -53.01 % change on previous year | 172.79 % change on previous year | 10 |
| 2020s | 89.99 % change on previous year | -89.27 % change on previous year | 486.7 % change on previous year | 6 |
Countries ranked near South Korea
- 40 Japan 31.36 % change on previous year compare
- 41 Chile 28.95 % change on previous year compare
- 42 Papua New Guinea 28 % change on previous year compare
- 44 Eritrea 26.44 % change on previous year compare
- 45 Kyrgyzstan 25.65 % change on previous year compare
- 46 Sao Tome and Principe 24.37 % change on previous year compare
More economy & growth data for South Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (2025)
Frequently asked questions
- What is net trade in goods and services (bop, current us$), annual growth rate in South Korea?
- Net trade in goods and services (bop, current us$), annual growth rate in South Korea was 27.09 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in South Korea?
- The highest recorded value was 631.91 % change on previous year in 1998.
- What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in South Korea?
- The lowest recorded value was -424.82 % change on previous year in 1978.
- How does South Korea rank for net trade in goods and services (bop, current us$), annual growth rate?
- South Korea ranks 43rd out of 199 countries with data for 2025.
- Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in South Korea?
- Over the last ten years it is down 1.5%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.