Imports of Services (BoP, USD) rose 12.740275084153% to USD 126 bil in South Korea in 2017

Imports of Services (BoP, USD) (USD bil)
Economy | South Korea | May 17, 2019
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Excel Sheet

Imports of services as a part of balance of payment reached 126 USD bil in 2017 in South Korea, according to the National Statistical Office. This is 12.7 % more than in the previous year.

Historically, imports of services as a part of balance of payment in South Korea reached an all time high of 126 USD bil in 2017 and an all time low of 1.19 USD bil in 1976. When compared to South Korea's main peers, imports of services as a part of balance of payment in China amounted to 472 USD bil, 193 USD bil in Japan and 17.0 USD bil in Vietnam in 2017.

South Korea has been ranked 12th within the group of 156 countries we follow in terms of imports of services as a part of balance of payment.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

Imports of Services (BoP, USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Cambodia USD bil 1.39 1.59 1.79 2.08 2.24
China USD bil 248 281 331 433 436
Dem. People's Republic of Korea USD bil ... ... ... ... ... ... ... ... ...
India USD bil 77.8 79.9 78.7 81.1 82.6
Japan USD bil 176 185 171 193 179
Laos USD bil 0.331 0.739 1.06 1.15 1.08
Russia USD bil 91.5 109 128 121 88.8
South Korea USD bil 103 108 110 115 112
Thailand USD bil 46.1 45.7 47.4 45.2 42.5
USA USD bil 436 452 461 481 492
Vietnam USD bil 11.9 12.1 13.8 14.5 15.5