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Heterodata An Arcanum Research project Lewis
Lewis

South Korea — Trade & Value-Transfer Profile

ContinentAsia
SubcontinentEast Asia
Income groupHigh
World-system classCore
Political blocsOther
Trade blocsOther
GDP$1875.4B
Population51.8M
  • Exports of goods and services (USD): $831.89B
  • Imports of goods and services (USD): $755.49B
  • Trade balance (exports − imports, USD): $76.40B
  • Trade (% GDP): 84.64%
  • Current account balance (USD): $99.97B
  • Current account (% GDP): 5.33%
  • FDI, net: $36.86B
  • Primary income balance, net (USD): $26.78B
  • Secondary income balance, net (USD): $-4.00B
  • Financial account, net (USD): $95.21B
  • Portfolio investment, net (USD): $50.29B

ITV Indicators

  • Composite value transfer (% GDP): 4.47% GDP (mean)
  • Unequal exchange, Köhler (% GDP): 10.88% GDP (mean)
  • Income drain (% GDP): 0.60% GDP (mean)

Value-transfer indicators over time