Korea vs Latin America & the Caribbean (IDA & IBRD countries): Primary income receipts
Primary income receipts over time
- Korea
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Latin America & the Caribbean (IDA & IBRD countries) currently reports 103.75 billion BoP, current US$ against 73.02 billion BoP, current US$ in Korea, a difference of 30.73 billion BoP, current US$.
That makes Latin America & the Caribbean (IDA & IBRD countries)'s figure about 1.4 times Korea's.
Across all 49 years both countries report, Latin America & the Caribbean (IDA & IBRD countries) has been ahead every year.
Korea ranks 20th and Latin America & the Caribbean (IDA & IBRD countries) ranks 23rd of 199 countries.
Latin America & the Caribbean (IDA & IBRD countries) has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Korea | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 355.67 million BoP, current US$ | 4.35 billion BoP, current US$ | 4.00 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 1.23 billion BoP, current US$ | 10.78 billion BoP, current US$ | 9.55 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 1990s | 3.24 billion BoP, current US$ | 17.20 billion BoP, current US$ | 13.97 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2000s | 12.19 billion BoP, current US$ | 31.61 billion BoP, current US$ | 19.42 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 29.22 billion BoP, current US$ | 49.87 billion BoP, current US$ | 20.65 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 60.86 billion BoP, current US$ | 88.23 billion BoP, current US$ | 27.37 billion BoP, current US$ | Latin America & the Caribbean (IDA & IBRD countries) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher primary income receipts, Korea or Latin America & the Caribbean (IDA & IBRD countries)?
- Latin America & the Caribbean (IDA & IBRD countries), at 103.75 billion BoP, current US$ against 73.02 billion BoP, current US$ in Korea as of 2025.
- What is the difference in primary income receipts between Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 30.73 billion BoP, current US$, with Latin America & the Caribbean (IDA & IBRD countries) ahead.
- How many years of comparable data are there for Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 49 years are reported by both, from 1977 to 2025.
- How do Korea and Latin America & the Caribbean (IDA & IBRD countries) rank globally for primary income receipts?
- Korea ranks 20th and Latin America & the Caribbean (IDA & IBRD countries) ranks 23rd of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Primary income receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.