Republic of Korea vs Russian Federation: Secondary income, other sectors, payments

Republic of Korea
15.69 billion BoP, current US$
in 2025
Russian Federation
14.98 billion BoP, current US$
in 2021
Republic of Korea rank
15th
Russian Federation rank
16th

Secondary income, other sectors, payments over time

  • Republic of Korea
  • Russian Federation
05.0B10.0B15.0B20.0B197620002025

How they compare

Republic of Korea currently reports 15.69 billion BoP, current US$ against 14.98 billion BoP, current US$ in Russian Federation, a difference of 707.60 million BoP, current US$.

The two have swapped places 3 times across 28 shared years of data; in 1994 it was Republic of Korea ahead.

Republic of Korea ranks 15th and Russian Federation ranks 16th of 198 countries.

Across the 4 decades both report, Republic of Korea averaged higher in 2 and Russian Federation in 2.

Head to head by decade

Decade Republic of Korea Russian Federation Difference Ahead
1990s 2.42 billion BoP, current US$ 223.00 million BoP, current US$ 2.20 billion BoP, current US$ Republic of Korea
2000s 7.70 billion BoP, current US$ 5.65 billion BoP, current US$ 2.05 billion BoP, current US$ Republic of Korea
2010s 12.87 billion BoP, current US$ 16.42 billion BoP, current US$ 3.55 billion BoP, current US$ Russian Federation
2020s 13.19 billion BoP, current US$ 15.31 billion BoP, current US$ 2.12 billion BoP, current US$ Russian Federation

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income, other sectors, payments, Republic of Korea or Russian Federation?
Republic of Korea, at 15.69 billion BoP, current US$ against 14.98 billion BoP, current US$ in Russian Federation as of 2025.
What is the difference in secondary income, other sectors, payments between Republic of Korea and Russian Federation?
707.60 million BoP, current US$, with Republic of Korea ahead.
How many years of comparable data are there for Republic of Korea and Russian Federation?
28 years are reported by both, from 1994 to 2021.
How do Republic of Korea and Russian Federation rank globally for secondary income, other sectors, payments?
Republic of Korea ranks 15th and Russian Federation ranks 16th of 198 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income, other sectors, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Russian Federation: Secondary income, other sectors, payments. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/secondary-income-other-sectors-payments-bop-current-us/korea-rep/russian-federation/

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About this data

Indicator
Secondary income, other sectors, payments (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
245 places, 8,676 data points, 1960–2025
Last refreshed

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.