Korea vs Sub-Saharan Africa (SSA): Financial account balance (assets less liabilities), Net (net)
Korea
95.21 billion
in 2024
Sub-Saharan Africa (SSA)
-12.58 billion
in 2024
Korea rank
7th
Sub-Saharan Africa (SSA) rank
7th
Financial account balance (assets less liabilities), Net (net) over time
- Korea
- Sub-Saharan Africa (SSA)
How they compare
Korea currently reports 95.21 billion against -12.58 billion in Sub-Saharan Africa (SSA), a difference of 107.79 billion.
That makes Korea's figure about 7.6 times Sub-Saharan Africa (SSA)'s.
The two have swapped places 3 times across 20 shared years of data; in 2005 it was Sub-Saharan Africa (SSA) ahead.
Korea ranks 7th and Sub-Saharan Africa (SSA) ranks 7th of 197 countries.
Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Korea | Sub-Saharan Africa (SSA) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.62 billion | 6.13 billion | 7.49 billion | Korea |
| 2010s | 68.08 billion | -46.66 billion | 114.73 billion | Korea |
| 2020s | 62.84 billion | -29.26 billion | 92.10 billion | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher financial account balance (assets less liabilities), net (net), Korea or Sub-Saharan Africa (SSA)?
- Korea, at 95.21 billion against -12.58 billion in Sub-Saharan Africa (SSA) as of 2024.
- What is the difference in financial account balance (assets less liabilities), net (net) between Korea and Sub-Saharan Africa (SSA)?
- 107.79 billion, with Korea ahead.
- How many years of comparable data are there for Korea and Sub-Saharan Africa (SSA)?
- 20 years are reported by both, from 2005 to 2024.
- How do Korea and Sub-Saharan Africa (SSA) rank globally for financial account balance (assets less liabilities), net (net)?
- Korea ranks 7th and Sub-Saharan Africa (SSA) ranks 7th of 197 countries.
- 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.