External balance on goods and services in South Korea
South Korea: External balance on goods and services was 143.51 trillion constant LCU in 2025. ▲ Rising
External balance on goods and services in South Korea, 2020–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
South Korea recorded 143.51 trillion constant LCU for external balance on goods and services in 2025. That is the highest value across all 6 years on record.
That represents a change of up 6.4% on the previous year and up 89.2% over ten years.
South Korea ranks 3rd of 161 countries on this measure, in the top 10%.
Countries ranked near South Korea
More economy & growth data for South Korea
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
- Taxes less subsidies on products 130.66 billion current US$ (2025)
- Net primary income (Net income from abroad) 45.76 trillion current LCU (2025)
- Net primary income (Net income from abroad) 32.17 billion current US$ (2025)
- GNI per capita 52.42 million current LCU (2025)
- GNI per capita, Atlas method 37,880 current US$ (2025)
- GNI 2,709.10 trillion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in South Korea?
- External balance on goods and services in South Korea was 143.51 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in South Korea?
- The highest recorded value was 143.51 trillion constant LCU in 2025.
- What is the lowest external balance on goods and services recorded in South Korea?
- The lowest recorded value was 75.86 trillion constant LCU in 2020.
- How does South Korea rank for external balance on goods and services?
- South Korea ranks 3rd out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in South Korea?
- Over the last ten years it is up 89.2%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.