Service imports in South Korea
South Korea: Service imports was 184.66 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
184.66 billion BoP, current US$
Change on year
up 7.7%
World rank
12th
of 200 countries
All-time high
184.66 billion BoP, current US$
in 2025
All-time low
1.19 billion BoP, current US$
in 1976
Years of data
50
1976–2025
Service imports in South Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in South Korea is 184.66 billion BoP, current US$, measured in 2025. That is the highest value across all 50 years on record.
That represents a change of up 7.7% on the previous year and up 64.7% over ten years.
Over the whole period, service imports in South Korea peaked at 184.66 billion BoP, current US$ in 2025 and was at its lowest, 1.19 billion BoP, current US$, in 1976.
South Korea ranks 12th of 200 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports in South Korea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 1.19 billion BoP, current US$ | — |
| 1977 | 2.02 billion BoP, current US$ | +70.0% |
| 1978 | 3.19 billion BoP, current US$ | +57.8% |
| 1979 | 3.50 billion BoP, current US$ | +9.6% |
| 1980 | 3.74 billion BoP, current US$ | +6.8% |
| 1981 | 4.11 billion BoP, current US$ | +9.9% |
| 1982 | 3.99 billion BoP, current US$ | -2.9% |
| 1983 | 3.99 billion BoP, current US$ | +0.0% |
| 1984 | 4.04 billion BoP, current US$ | +1.2% |
| 1985 | 3.62 billion BoP, current US$ | -10.4% |
| 1986 | 4.09 billion BoP, current US$ | +13.1% |
| 1987 | 4.79 billion BoP, current US$ | +17.1% |
| 1988 | 6.18 billion BoP, current US$ | +29.0% |
| 1989 | 8.53 billion BoP, current US$ | +38.1% |
| 1990 | 10.29 billion BoP, current US$ | +20.6% |
| 1991 | 12.21 billion BoP, current US$ | +18.6% |
| 1992 | 13.60 billion BoP, current US$ | +11.4% |
| 1993 | 15.10 billion BoP, current US$ | +11.0% |
| 1994 | 18.61 billion BoP, current US$ | +23.3% |
| 1995 | 25.82 billion BoP, current US$ | +38.7% |
| 1996 | 29.60 billion BoP, current US$ | +14.7% |
| 1997 | 29.50 billion BoP, current US$ | -0.4% |
| 1998 | 24.55 billion BoP, current US$ | -16.8% |
| 1999 | 27.18 billion BoP, current US$ | +10.7% |
| 2000 | 33.40 billion BoP, current US$ | +22.9% |
| 2001 | 33.04 billion BoP, current US$ | -1.1% |
| 2002 | 36.85 billion BoP, current US$ | +11.5% |
| 2003 | 40.61 billion BoP, current US$ | +10.2% |
| 2004 | 50.34 billion BoP, current US$ | +24.0% |
| 2005 | 59.52 billion BoP, current US$ | +18.3% |
| 2006 | 70.05 billion BoP, current US$ | +17.7% |
| 2007 | 84.45 billion BoP, current US$ | +20.6% |
| 2008 | 97.36 billion BoP, current US$ | +15.3% |
| 2009 | 81.88 billion BoP, current US$ | -15.9% |
| 2010 | 96.92 billion BoP, current US$ | +18.4% |
| 2011 | 102.62 billion BoP, current US$ | +5.9% |
| 2012 | 108.19 billion BoP, current US$ | +5.4% |
| 2013 | 109.65 billion BoP, current US$ | +1.4% |
| 2014 | 115.19 billion BoP, current US$ | +5.1% |
| 2015 | 112.12 billion BoP, current US$ | -2.7% |
| 2016 | 112.15 billion BoP, current US$ | +0.0% |
| 2017 | 126.44 billion BoP, current US$ | +12.7% |
| 2018 | 133.05 billion BoP, current US$ | +5.2% |
| 2019 | 130.68 billion BoP, current US$ | -1.8% |
| 2020 | 105.35 billion BoP, current US$ | -19.4% |
| 2021 | 129.17 billion BoP, current US$ | +22.6% |
| 2022 | 143.43 billion BoP, current US$ | +11.0% |
| 2023 | 157.78 billion BoP, current US$ | +10.0% |
| 2024 | 171.46 billion BoP, current US$ | +8.7% |
| 2025 | 184.66 billion BoP, current US$ | +7.7% |
South Korea compared with similar countries
- South Korea's 184.66 billion BoP, current US$ is above the median for high income countries, which is 18.88 billion BoP, current US$, 9.8× the median. (72 countries reporting)
- South Korea's 184.66 billion BoP, current US$ is above the median for East Asia & Pacific, which is 2.40 billion BoP, current US$, 77.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.48 billion BoP, current US$ | 1.19 billion BoP, current US$ | 3.50 billion BoP, current US$ | 4 |
| 1980s | 4.71 billion BoP, current US$ | 3.62 billion BoP, current US$ | 8.53 billion BoP, current US$ | 10 |
| 1990s | 20.65 billion BoP, current US$ | 10.29 billion BoP, current US$ | 29.60 billion BoP, current US$ | 10 |
| 2000s | 58.75 billion BoP, current US$ | 33.04 billion BoP, current US$ | 97.36 billion BoP, current US$ | 10 |
| 2010s | 114.70 billion BoP, current US$ | 96.92 billion BoP, current US$ | 133.05 billion BoP, current US$ | 10 |
| 2020s | 148.64 billion BoP, current US$ | 105.35 billion BoP, current US$ | 184.66 billion BoP, current US$ | 6 |
Countries ranked near South Korea
- 9 Netherlands 261.82 billion BoP, current US$ compare
- 10 Switzerland 213.90 billion BoP, current US$ compare
- 11 India 202.68 billion BoP, current US$ compare
- 13 Italy 177.10 billion BoP, current US$ compare
- 14 Belgium 174.99 billion BoP, current US$ compare
- 15 Canada 169.19 billion BoP, current US$ 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 service imports in South Korea?
- Service imports in South Korea was 184.66 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service imports recorded in South Korea?
- The highest recorded value was 184.66 billion BoP, current US$ in 2025.
- What is the lowest service imports recorded in South Korea?
- The lowest recorded value was 1.19 billion BoP, current US$ in 1976.
- How does South Korea rank for service imports?
- South Korea ranks 12th out of 200 countries with data for 2025.
- Is service imports rising or falling in South Korea?
- Over the last ten years it is up 64.7%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imports of services are services provided by non-residents to 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.