Japan vs South Korea: Net secondary income (Net current transfers from abroad)
Net secondary income (Net current transfers from abroad) over time
- Japan
- South Korea
How they compare
Japan currently reports -4.25 trillion current LCU against -6.93 trillion current LCU in South Korea, a difference of 2.68 trillion current LCU.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was South Korea ahead.
Japan ranks 201st and South Korea ranks 202nd of 202 countries.
Across the 6 decades both report, Japan averaged higher in 3 and South Korea in 3.
Head to head by decade
| Decade | Japan | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | -55.23 billion current LCU | 69.76 billion current LCU | 124.99 billion current LCU | South Korea |
| 1980s | -332.92 billion current LCU | 731.83 billion current LCU | 1.06 trillion current LCU | South Korea |
| 1990s | -805.74 billion current LCU | 985.88 billion current LCU | 1.79 trillion current LCU | South Korea |
| 2000s | -865.47 billion current LCU | -1.82 trillion current LCU | 950.37 billion current LCU | Japan |
| 2010s | -1.36 trillion current LCU | -4.88 trillion current LCU | 3.52 trillion current LCU | Japan |
| 2020s | -3.01 trillion current LCU | -4.08 trillion current LCU | 1.07 trillion current LCU | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income (net current transfers from abroad), Japan or South Korea?
- Japan, at -4.25 trillion current LCU against -6.93 trillion current LCU in South Korea as of 2024.
- What is the difference in net secondary income (net current transfers from abroad) between Japan and South Korea?
- 2.68 trillion current LCU, with Japan ahead.
- How many years of comparable data are there for Japan and South Korea?
- 55 years are reported by both, from 1970 to 2024.
- How do Japan and South Korea rank globally for net secondary income (net current transfers from abroad)?
- Japan ranks 201st and South Korea ranks 202nd of 202 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Net secondary income (Net current transfers from abroad) (current LCU). 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 series is expressed in local currency units.