China vs South Korea: Current account balance
Current account balance over time
- China
- South Korea
How they compare
China currently reports 735.02 billion BoP, current US$ against 123.05 billion BoP, current US$ in South Korea, a difference of 611.97 billion BoP, current US$.
That makes China's figure about 6.0 times South Korea's.
The two have swapped places 8 times across 44 shared years of data; in 1982 it was China ahead.
Globally, China ranks 1st and South Korea ranks 4th of 199 countries.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.