Republic of Korea vs Norway: Primary income payments

Republic of Korea
45.10 billion BoP, current US$
in 2025
Norway
56.36 billion BoP, current US$
in 2025
Republic of Korea rank
26th
Norway rank
23rd

Primary income payments over time

  • Republic of Korea
  • Norway
020.0B40.0B60.0B197520002025

How they compare

Norway currently reports 56.36 billion BoP, current US$ against 45.10 billion BoP, current US$ in Republic of Korea, a difference of 11.26 billion BoP, current US$.

That makes Norway's figure about 1.2 times Republic of Korea's.

The two have swapped places 6 times across 50 shared years of data; in 1976 it was Norway ahead.

Republic of Korea ranks 26th and Norway ranks 23rd of 199 countries.

Norway 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 950.50 million BoP, current US$ 1.55 billion BoP, current US$ 601.90 million BoP, current US$ Norway
1980s 3.67 billion BoP, current US$ 3.87 billion BoP, current US$ 200.91 million BoP, current US$ Norway
1990s 5.42 billion BoP, current US$ 6.49 billion BoP, current US$ 1.07 billion BoP, current US$ Norway
2000s 16.02 billion BoP, current US$ 22.66 billion BoP, current US$ 6.64 billion BoP, current US$ Norway
2010s 23.20 billion BoP, current US$ 31.20 billion BoP, current US$ 8.00 billion BoP, current US$ Norway
2020s 38.85 billion BoP, current US$ 45.61 billion BoP, current US$ 6.76 billion BoP, current US$ Norway

Averages of every year both report within each decade.

Frequently asked questions

Which has higher primary income payments, Republic of Korea or Norway?
Norway, at 56.36 billion BoP, current US$ against 45.10 billion BoP, current US$ in Republic of Korea as of 2025.
What is the difference in primary income payments between Republic of Korea and Norway?
11.26 billion BoP, current US$, with Norway ahead.
How many years of comparable data are there for Republic of Korea and Norway?
50 years are reported by both, from 1976 to 2025.
How do Republic of Korea and Norway rank globally for primary income payments?
Republic of Korea ranks 26th and Norway ranks 23rd of 199 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Norway: Primary income payments. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 24 August 2026, from https://economy.statizoid.com/compare/primary-income-payments-bop-current-us/korea-rep/norway/

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About this data

Indicator
Primary income payments (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
246 places, 9,526 data points, 1960–2025
Last refreshed

Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.