Institutional Sign In

Go

Exports of Services (BoP, USD) rose 10.6% to USD 139 bil in South Korea in 2024

Exports of Services (BoP, USD) (USD bil), 2024
Economy | South Korea | September 1, 2025
$2.99
Excel Sheet

Exports of services as a part of balance of payment rose 10.6% to USD 139 bil in South Korea in 2024, according to the National Statistical Office.

Historically, exports of services as a part of balance of payment in South Korea reached an all time high of USD 139 bil in 2024 and an all time low of USD 1.53 bil in 1976.

South Korea has been ranked 16th within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 1 place below the position seen 10 years ago.

Exports of Services (BoP, USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Cambodia USD bil 5.45 6.09 1.77 0.657 2.32
China USD bil 234 244 229 339 372
Dem. People's Republic of Korea USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
India USD bil 205 215 203 241 309
Japan USD bil 194 209 164 171 170
Laos USD bil 0.985 1.18 0.347 0.125 0.406 ...
Russia USD bil 64.6 62.0 48.0 55.6 48.8
South Korea USD bil 104 104 89.6 120 132
Thailand USD bil 77.5 81.2 31.0 25.4 38.9
USA USD bil 866 891 726 805 949
Vietnam USD bil 14.8 16.6 7.60 4.21 13.5