Service exports in South Korea
South Korea: Service exports was 150.14 billion BoP, current US$ in 2025. ◆ Volatile
Service exports in South Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, service exports in South Korea stood at 150.14 billion BoP, current US$. That is the highest value across all 50 years on record.
That represents a change of up 5.7% on the previous year and up 54.0% over ten years.
Over the whole period, service exports in South Korea peaked at 150.14 billion BoP, current US$ in 2025 and was at its lowest, 1.53 billion BoP, current US$, in 1976.
That places South Korea 17th out of 199 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.19 billion BoP, current US$ | 1.53 billion BoP, current US$ | 4.39 billion BoP, current US$ | 4 |
| 1980s | 7.23 billion BoP, current US$ | 5.03 billion BoP, current US$ | 9.85 billion BoP, current US$ | 10 |
| 1990s | 19.92 billion BoP, current US$ | 10.79 billion BoP, current US$ | 28.25 billion BoP, current US$ | 10 |
| 2000s | 51.80 billion BoP, current US$ | 30.78 billion BoP, current US$ | 91.05 billion BoP, current US$ | 10 |
| 2010s | 98.14 billion BoP, current US$ | 82.95 billion BoP, current US$ | 111.90 billion BoP, current US$ | 10 |
| 2020s | 127.22 billion BoP, current US$ | 91.23 billion BoP, current US$ | 150.14 billion BoP, current US$ | 6 |
Countries ranked near South Korea
- 14 Italy 168.50 billion BoP, current US$ compare
- 15 Luxembourg 166.79 billion BoP, current US$ compare
- 16 Belgium 159.87 billion BoP, current US$ compare
- 18 Sweden 131.88 billion BoP, current US$ compare
- 19 Poland 130.95 billion BoP, current US$ compare
- 20 Denmark 128.90 billion BoP, current US$ compare
More economy & growth data for South Korea
- Gross national expenditure 94.8% (2025)
- Industry (including construction), value added 0.2% (2025)
- Final consumption expenditure 65.7% (2025)
- Industry (including construction), value added 660.05 billion constant 2015 US$ (2025)
- Gross national expenditure 1.78 trillion current US$ (2025)
- Gross national expenditure 2,524.87 trillion current LCU (2025)
- Gross national expenditure 1.78 trillion constant 2015 US$ (2025)
- Industry (including construction), value added 914.33 trillion current LCU (2025)
- Industry (including construction), value added 642.79 billion current US$ (2025)
- Exports of goods and services 4.2% (2025)
Frequently asked questions
- What is service exports in South Korea?
- Service exports in South Korea was 150.14 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 exports recorded in South Korea?
- The highest recorded value was 150.14 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in South Korea?
- The lowest recorded value was 1.53 billion BoP, current US$ in 1976.
- How does South Korea rank for service exports?
- South Korea ranks 17th out of 199 countries with data for 2025.
- Is service exports rising or falling in South Korea?
- Over the last ten years it is up 54.0%. 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 exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of services are services provided by residents to non-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.