Republic of Korea vs Norway: Net secondary income
Net secondary income over time
- Republic of Korea
- Norway
How they compare
Norway currently reports -6.54 billion BoP, current US$ against -8.42 billion BoP, current US$ in Republic of Korea, a difference of 1.88 billion BoP, current US$.
The two have swapped places 7 times across 50 shared years of data; in 1976 it was Republic of Korea ahead.
Republic of Korea ranks 183rd and Norway ranks 181st of 199 countries.
Republic of Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Republic of Korea | Norway | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 369.75 million BoP, current US$ | -333.71 million BoP, current US$ | 703.46 million BoP, current US$ | Republic of Korea |
| 1980s | 935.26 million BoP, current US$ | -740.76 million BoP, current US$ | 1.68 billion BoP, current US$ | Republic of Korea |
| 1990s | 817.80 million BoP, current US$ | -1.55 billion BoP, current US$ | 2.37 billion BoP, current US$ | Republic of Korea |
| 2000s | -2.53 billion BoP, current US$ | -2.80 billion BoP, current US$ | 272.33 million BoP, current US$ | Republic of Korea |
| 2010s | -5.67 billion BoP, current US$ | -6.72 billion BoP, current US$ | 1.05 billion BoP, current US$ | Republic of Korea |
| 2020s | -6.33 billion BoP, current US$ | -7.17 billion BoP, current US$ | 835.34 million BoP, current US$ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income, Republic of Korea or Norway?
- Norway, at -6.54 billion BoP, current US$ against -8.42 billion BoP, current US$ in Republic of Korea as of 2025.
- What is the difference in net secondary income between Republic of Korea and Norway?
- 1.88 billion BoP, current US$, with Norway ahead.
- How many years of comparable data are there for Republic of Korea and Norway?
- 50 years are reported by both, from 1976 to 2025.
- How do Republic of Korea and Norway rank globally for net secondary income?
- Republic of Korea ranks 183rd and Norway ranks 181st of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net secondary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.