Republic of Korea vs Kuwait: Secondary income, other sectors, payments
Secondary income, other sectors, payments over time
- Republic of Korea
- Kuwait
How they compare
Kuwait currently reports 16.83 billion BoP, current US$ against 15.69 billion BoP, current US$ in Republic of Korea, a difference of 1.14 billion BoP, current US$.
That makes Kuwait's figure about 1.1 times Republic of Korea's.
The two have swapped places 6 times across 48 shared years of data; in 1976 it was Kuwait ahead.
Republic of Korea ranks 15th and Kuwait ranks 13th of 197 countries.
Across the 6 decades both report, Republic of Korea averaged higher in 2 and Kuwait in 4.
Head to head by decade
| Decade | Republic of Korea | Kuwait | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 126.00 million BoP, current US$ | 412.27 million BoP, current US$ | 286.27 million BoP, current US$ | Kuwait |
| 1980s | 140.63 million BoP, current US$ | 977.51 million BoP, current US$ | 836.88 million BoP, current US$ | Kuwait |
| 1990s | 2.16 billion BoP, current US$ | 1.40 billion BoP, current US$ | 763.96 million BoP, current US$ | Republic of Korea |
| 2000s | 7.70 billion BoP, current US$ | 4.85 billion BoP, current US$ | 2.85 billion BoP, current US$ | Republic of Korea |
| 2010s | 12.87 billion BoP, current US$ | 15.38 billion BoP, current US$ | 2.51 billion BoP, current US$ | Kuwait |
| 2020s | 13.94 billion BoP, current US$ | 16.26 billion BoP, current US$ | 2.32 billion BoP, current US$ | Kuwait |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income, other sectors, payments, Republic of Korea or Kuwait?
- Kuwait, at 16.83 billion BoP, current US$ against 15.69 billion BoP, current US$ in Republic of Korea as of 2025.
- What is the difference in secondary income, other sectors, payments between Republic of Korea and Kuwait?
- 1.14 billion BoP, current US$, with Kuwait ahead.
- How many years of comparable data are there for Republic of Korea and Kuwait?
- 48 years are reported by both, from 1976 to 2025.
- How do Republic of Korea and Kuwait rank globally for secondary income, other sectors, payments?
- Republic of Korea ranks 15th and Kuwait ranks 13th of 197 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income, other sectors, payments (BoP, current US$). 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.