Republic of Korea vs Sub-Saharan Africa (IDA & IBRD countries): Personal transfers, receipts

Republic of Korea
6.29 billion BoP, current US$
in 2025
Sub-Saharan Africa (IDA & IBRD countries)
54.20 billion BoP, current US$
in 2024
Republic of Korea rank
22nd
Sub-Saharan Africa (IDA & IBRD countries) rank
25th

Personal transfers, receipts over time

  • Republic of Korea
  • Sub-Saharan Africa (IDA & IBRD countries)
020.0B40.0B60.0B198020022025

How they compare

Sub-Saharan Africa (IDA & IBRD countries) currently reports 54.20 billion BoP, current US$ against 6.29 billion BoP, current US$ in Republic of Korea, a difference of 47.91 billion BoP, current US$.

That makes Sub-Saharan Africa (IDA & IBRD countries)'s figure about 8.6 times Republic of Korea's.

Across all 21 years both countries report, Sub-Saharan Africa (IDA & IBRD countries) has been ahead every year.

Republic of Korea ranks 22nd and Sub-Saharan Africa (IDA & IBRD countries) ranks 25th of 177 countries.

Sub-Saharan Africa (IDA & IBRD countries) has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Republic of Korea Sub-Saharan Africa (IDA & IBRD countries) Difference Ahead
2000s 4.97 billion BoP, current US$ 20.19 billion BoP, current US$ 15.23 billion BoP, current US$ Sub-Saharan Africa (IDA & IBRD countries)
2010s 5.82 billion BoP, current US$ 37.44 billion BoP, current US$ 31.62 billion BoP, current US$ Sub-Saharan Africa (IDA & IBRD countries)
2020s 6.72 billion BoP, current US$ 46.02 billion BoP, current US$ 39.29 billion BoP, current US$ Sub-Saharan Africa (IDA & IBRD countries)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal transfers, receipts, Republic of Korea or Sub-Saharan Africa (IDA & IBRD countries)?
Sub-Saharan Africa (IDA & IBRD countries), at 54.20 billion BoP, current US$ against 6.29 billion BoP, current US$ in Republic of Korea as of 2024.
What is the difference in personal transfers, receipts between Republic of Korea and Sub-Saharan Africa (IDA & IBRD countries)?
47.91 billion BoP, current US$, with Sub-Saharan Africa (IDA & IBRD countries) ahead.
How many years of comparable data are there for Republic of Korea and Sub-Saharan Africa (IDA & IBRD countries)?
21 years are reported by both, from 2004 to 2024.
How do Republic of Korea and Sub-Saharan Africa (IDA & IBRD countries) rank globally for personal transfers, receipts?
Republic of Korea ranks 22nd and Sub-Saharan Africa (IDA & IBRD countries) ranks 25th of 177 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Personal transfers, receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Sub-Saharan Africa (IDA & IBRD countries): Personal transfers, receipts. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 07 September 2026, from https://economy.statizoid.com/compare/personal-transfers-receipts-bop-current-us/korea-rep/sub-saharan-africa-ida-and-ibrd-countries/

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About this data

Indicator
Personal transfers, receipts (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
220 places, 6,260 data points, 1968–2025
Last refreshed

Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. 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.