Republic of Korea vs South Asia: Primary income payments
Primary income payments over time
- Republic of Korea
- South Asia
How they compare
South Asia currently reports 114.02 billion BoP, current US$ against 45.10 billion BoP, current US$ in Republic of Korea, a difference of 68.92 billion BoP, current US$.
That makes South Asia's figure about 2.5 times Republic of Korea's.
The two have swapped places 3 times across 49 shared years of data; in 1976 it was Republic of Korea ahead.
Republic of Korea ranks 26th and South Asia ranks 25th of 199 countries.
Across the 6 decades both report, Republic of Korea averaged higher in 4 and South Asia in 2.
Head to head by decade
| Decade | Republic of Korea | South Asia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 950.50 million BoP, current US$ | 533.23 million BoP, current US$ | 417.27 million BoP, current US$ | Republic of Korea |
| 1980s | 3.67 billion BoP, current US$ | 1.65 billion BoP, current US$ | 2.02 billion BoP, current US$ | Republic of Korea |
| 1990s | 5.42 billion BoP, current US$ | 5.23 billion BoP, current US$ | 187.35 million BoP, current US$ | Republic of Korea |
| 2000s | 16.02 billion BoP, current US$ | 14.27 billion BoP, current US$ | 1.75 billion BoP, current US$ | Republic of Korea |
| 2010s | 23.20 billion BoP, current US$ | 43.31 billion BoP, current US$ | 20.11 billion BoP, current US$ | South Asia |
| 2020s | 37.60 billion BoP, current US$ | 82.47 billion BoP, current US$ | 44.86 billion BoP, current US$ | South Asia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher primary income payments, Republic of Korea or South Asia?
- South Asia, at 114.02 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 South Asia?
- 68.92 billion BoP, current US$, with South Asia ahead.
- How many years of comparable data are there for Republic of Korea and South Asia?
- 49 years are reported by both, from 1976 to 2024.
- How do Republic of Korea and South Asia rank globally for primary income payments?
- Republic of Korea ranks 26th and South Asia ranks 25th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.