Canada vs Republic of Korea: Secondary income, other sectors, payments
Secondary income, other sectors, payments over time
- Canada
- Republic of Korea
How they compare
Republic of Korea currently reports 15.69 billion BoP, current US$ against 14.71 billion BoP, current US$ in Canada, a difference of 973.30 million BoP, current US$.
That makes Republic of Korea's figure about 1.1 times Canada's.
The two have swapped places 5 times across 50 shared years of data; in 1976 it was Canada ahead.
Canada ranks 17th and Republic of Korea ranks 15th of 197 countries.
Across the 6 decades both report, Canada averaged higher in 2 and Republic of Korea in 4.
Head to head by decade
| Decade | Canada | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 443.28 million BoP, current US$ | 126.00 million BoP, current US$ | 317.28 million BoP, current US$ | Canada |
| 1980s | 805.06 million BoP, current US$ | 140.63 million BoP, current US$ | 664.43 million BoP, current US$ | Canada |
| 1990s | 1.56 billion BoP, current US$ | 1.97 billion BoP, current US$ | 412.22 million BoP, current US$ | Republic of Korea |
| 2000s | 4.41 billion BoP, current US$ | 7.70 billion BoP, current US$ | 3.29 billion BoP, current US$ | Republic of Korea |
| 2010s | 8.29 billion BoP, current US$ | 12.87 billion BoP, current US$ | 4.58 billion BoP, current US$ | Republic of Korea |
| 2020s | 12.20 billion BoP, current US$ | 13.94 billion BoP, current US$ | 1.74 billion BoP, current US$ | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income, other sectors, payments, Canada or Republic of Korea?
- Republic of Korea, at 15.69 billion BoP, current US$ against 14.71 billion BoP, current US$ in Canada as of 2025.
- What is the difference in secondary income, other sectors, payments between Canada and Republic of Korea?
- 973.30 million BoP, current US$, with Republic of Korea ahead.
- How many years of comparable data are there for Canada and Republic of Korea?
- 50 years are reported by both, from 1976 to 2025.
- How do Canada and Republic of Korea rank globally for secondary income, other sectors, payments?
- Canada ranks 17th and Republic of Korea ranks 15th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income, other sectors, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.