South Korea vs Sub-Saharan Africa: Personal transfers, receipts
Personal transfers, receipts over time
- South Korea
- Sub-Saharan Africa
How they compare
Sub-Saharan Africa currently reports 54.20 billion BoP, current US$ against 6.29 billion BoP, current US$ in South Korea, a difference of 47.91 billion BoP, current US$.
That makes Sub-Saharan Africa's figure about 8.6 times South Korea's.
Across all 21 years both countries report, Sub-Saharan Africa has been ahead every year.
South Korea ranks 22nd and Sub-Saharan Africa ranks 25th of 176 countries.
Sub-Saharan Africa has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | South Korea | Sub-Saharan Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.97 billion BoP, current US$ | 20.19 billion BoP, current US$ | 15.23 billion BoP, current US$ | Sub-Saharan Africa |
| 2010s | 5.82 billion BoP, current US$ | 37.44 billion BoP, current US$ | 31.62 billion BoP, current US$ | Sub-Saharan Africa |
| 2020s | 6.72 billion BoP, current US$ | 46.02 billion BoP, current US$ | 39.29 billion BoP, current US$ | Sub-Saharan Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal transfers, receipts, South Korea or Sub-Saharan Africa?
- Sub-Saharan Africa, at 54.20 billion BoP, current US$ against 6.29 billion BoP, current US$ in South Korea as of 2024.
- What is the difference in personal transfers, receipts between South Korea and Sub-Saharan Africa?
- 47.91 billion BoP, current US$, with Sub-Saharan Africa ahead.
- How many years of comparable data are there for South Korea and Sub-Saharan Africa?
- 21 years are reported by both, from 2004 to 2024.
- How do South Korea and Sub-Saharan Africa rank globally for personal transfers, receipts?
- South Korea ranks 22nd and Sub-Saharan Africa ranks 25th of 176 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Personal transfers, receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.