Advanced economies vs Korea: Financial account balance (assets less liabilities), Net (net)
Advanced economies
161.02 billion
in 2024
Korea
95.21 billion
in 2024
Advanced economies rank
5th
Korea rank
7th
Financial account balance (assets less liabilities), Net (net) over time
- Advanced economies
- Korea
How they compare
Advanced economies currently reports 161.02 billion against 95.21 billion in Korea, a difference of 65.81 billion.
That makes Advanced economies's figure about 1.7 times Korea's.
The two have swapped places 5 times across 20 shared years of data; in 2005 it was Korea ahead.
Advanced economies ranks 5th and Korea ranks 7th of 9 groups.
Across the 3 decades both report, Advanced economies averaged higher in 1 and Korea in 2.
Head to head by decade
| Decade | Advanced economies | Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -444.84 billion | 13.62 billion | 458.47 billion | Korea |
| 2010s | 179.00 billion | 68.08 billion | 110.92 billion | Advanced economies |
| 2020s | 62.78 billion | 62.84 billion | 56.84 million | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial account balance (assets less liabilities), net (net), Advanced economies or Korea?
- Advanced economies, at 161.02 billion against 95.21 billion in Korea as of 2024.
- What is the difference in financial account balance (assets less liabilities), net (net) between Advanced economies and Korea?
- 65.81 billion, with Advanced economies ahead.
- How many years of comparable data are there for Advanced economies and Korea?
- 20 years are reported by both, from 2005 to 2024.
- How do Advanced economies and Korea rank globally for financial account balance (assets less liabilities), net (net)?
- Advanced economies ranks 5th and Korea ranks 7th of 9 groups.
- Where does this data come from?
- International Monetary Fund, published as Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.