Financial account balance (assets less liabilities), Net (net) in Republic of Korea
Republic of Korea: Financial account balance (assets less liabilities), Net (net) was 95.21 billion in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Republic of Korea, 2005–2024
Source: International Monetary Fund.
Analysis
Republic of Korea recorded 95.21 billion for financial account balance (assets less liabilities), net (net) in 2024.
The figure is up 196.8% on the previous year and up 10.1% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Republic of Korea peaked at 102.96 billion in 2015 and was at its lowest, -6.21 billion, in 2008.
That places Republic of Korea 7th out of 197 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Financial account balance (assets less liabilities), Net (net) in Republic of Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 18.06 billion | — |
| 2006 | 12.09 billion | -33.1% |
| 2007 | 16.99 billion | +40.6% |
| 2008 | -6.21 billion | -136.5% |
| 2009 | 27.18 billion | -537.9% |
| 2010 | 21.52 billion | -20.8% |
| 2011 | 22.92 billion | +6.5% |
| 2012 | 48.39 billion | +111.1% |
| 2013 | 78.54 billion | +62.3% |
| 2014 | 86.51 billion | +10.1% |
| 2015 | 102.96 billion | +19.0% |
| 2016 | 99.93 billion | -2.9% |
| 2017 | 84.52 billion | -15.4% |
| 2018 | 76.47 billion | -9.5% |
| 2019 | 59.03 billion | -22.8% |
| 2020 | 81.38 billion | +37.9% |
| 2021 | 78.44 billion | -3.6% |
| 2022 | 27.06 billion | -65.5% |
| 2023 | 32.08 billion | +18.5% |
| 2024 | 95.21 billion | +196.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.62 billion | -6.21 billion | 27.18 billion | 5 |
| 2010s | 68.08 billion | 21.52 billion | 102.96 billion | 10 |
| 2020s | 62.84 billion | 27.06 billion | 95.21 billion | 5 |
Countries ranked near Republic of Korea
- 4 Russian Federation 124.06 billion compare
- 5 Netherlands 104.35 billion compare
- 6 Singapore 95.61 billion compare
- 8 Taiwan, China 93.22 billion compare
- 9 Spain 90.59 billion compare
- 10 Ireland 88.88 billion compare
More external debt data for Republic of Korea
- Net financial flows, IDA 0 NFL, current US$ (2015)
- Net financial flows, IDA (NFL, current US$), per capita 0 NFL, current US$ per person (2015)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0 NFL, current US$ per US$ of GDP (2015)
- Net financial flows, IBRD 0 NFL, current US$ (2016)
- Net financial flows, IDA (NFL, current US$), per square kilometre 0 NFL, current US$ per square kilometre (2015)
- Net financial flows, IDA (NFL, current US$), annual growth rate 100 % change on previous year (2010)
- Net financial flows, IBRD (NFL, current US$), annual growth rate 100 % change on previous year (2014)
- Other investment, Debt instruments 309.08 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 7.57 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 188.50 billion US dollar (2025)
Frequently asked questions
- What is financial account balance (assets less liabilities), net (net) in Republic of Korea?
- Financial account balance (assets less liabilities), net (net) in Republic of Korea was 95.21 billion in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Republic of Korea?
- The highest recorded value was 102.96 billion in 2015.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Republic of Korea?
- The lowest recorded value was -6.21 billion in 2008.
- How does Republic of Korea rank for financial account balance (assets less liabilities), net (net)?
- Republic of Korea ranks 7th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Republic of Korea?
- Over the last ten years it is up 10.1%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from International Monetary Fund, published as part of 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 updates them automatically from the source API.
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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.