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 |