Republic of Korea vs Small states: Primary income payments
Primary income payments over time
- Republic of Korea
- Small states
How they compare
Small states currently reports 109.17 billion BoP, current US$ against 45.10 billion BoP, current US$ in Republic of Korea, a difference of 64.07 billion BoP, current US$.
That makes Small states's figure about 2.4 times Republic of Korea's.
The two have swapped places 1 time across 29 shared years of data; in 1984 it was Republic of Korea ahead.
Republic of Korea ranks 26th and Small states ranks 27th of 199 countries.
Across the 5 decades both report, Republic of Korea averaged higher in 2 and Small states in 3.
Head to head by decade
| Decade | Republic of Korea | Small states | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.10 billion BoP, current US$ | 1.32 billion BoP, current US$ | 2.77 billion BoP, current US$ | Republic of Korea |
| 1990s | 3.34 billion BoP, current US$ | 2.03 billion BoP, current US$ | 1.32 billion BoP, current US$ | Republic of Korea |
| 2000s | 16.56 billion BoP, current US$ | 18.18 billion BoP, current US$ | 1.62 billion BoP, current US$ | Small states |
| 2010s | 23.20 billion BoP, current US$ | 60.55 billion BoP, current US$ | 37.34 billion BoP, current US$ | Small states |
| 2020s | 37.60 billion BoP, current US$ | 97.19 billion BoP, current US$ | 59.58 billion BoP, current US$ | Small states |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher primary income payments, Republic of Korea or Small states?
- Small states, at 109.17 billion BoP, current US$ against 45.10 billion BoP, current US$ in Republic of Korea as of 2024.
- What is the difference in primary income payments between Republic of Korea and Small states?
- 64.07 billion BoP, current US$, with Small states ahead.
- How many years of comparable data are there for Republic of Korea and Small states?
- 29 years are reported by both, from 1984 to 2024.
- How do Republic of Korea and Small states rank globally for primary income payments?
- Republic of Korea ranks 26th and Small states ranks 27th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.