South Korea vs Singapore: Current account balance
Current account balance over time
- South Korea
- Singapore
How they compare
South Korea currently reports 123.05 billion BoP, current US$ against 100.93 billion BoP, current US$ in Singapore, a difference of 22.13 billion BoP, current US$.
That makes South Korea's figure about 1.2 times Singapore's.
The two have swapped places 12 times across 50 shared years of data; in 1976 it was South Korea ahead.
Globally, South Korea ranks 4th and Singapore ranks 7th of 199 countries.
Individual pages
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.