Africa Western and Central vs Republic of Korea: Secondary income receipts
Secondary income receipts over time
- Africa Western and Central
- Republic of Korea
How they compare
Africa Western and Central currently reports 41.70 billion BoP, current US$ against 10.43 billion BoP, current US$ in Republic of Korea, a difference of 31.27 billion BoP, current US$.
That makes Africa Western and Central's figure about 4.0 times Republic of Korea's.
The two have swapped places 2 times across 41 shared years of data; in 1978 it was Africa Western and Central ahead.
Africa Western and Central ranks 42nd and Republic of Korea ranks 39th of 47 groups.
Africa Western and Central has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Africa Western and Central | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.38 billion BoP, current US$ | 567.00 million BoP, current US$ | 817.41 million BoP, current US$ | Africa Western and Central |
| 1980s | 1.76 billion BoP, current US$ | 1.08 billion BoP, current US$ | 681.70 million BoP, current US$ | Africa Western and Central |
| 1990s | 2.91 billion BoP, current US$ | 2.70 billion BoP, current US$ | 215.48 million BoP, current US$ | Africa Western and Central |
| 2000s | 20.21 billion BoP, current US$ | 6.88 billion BoP, current US$ | 13.33 billion BoP, current US$ | Africa Western and Central |
| 2010s | 35.46 billion BoP, current US$ | 8.89 billion BoP, current US$ | 26.57 billion BoP, current US$ | Africa Western and Central |
| 2020s | 39.50 billion BoP, current US$ | 10.13 billion BoP, current US$ | 29.38 billion BoP, current US$ | Africa Western and Central |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income receipts, Africa Western and Central or Republic of Korea?
- Africa Western and Central, at 41.70 billion BoP, current US$ against 10.43 billion BoP, current US$ in Republic of Korea as of 2023.
- What is the difference in secondary income receipts between Africa Western and Central and Republic of Korea?
- 31.27 billion BoP, current US$, with Africa Western and Central ahead.
- How many years of comparable data are there for Africa Western and Central and Republic of Korea?
- 41 years are reported by both, from 1978 to 2023.
- How do Africa Western and Central and Republic of Korea rank globally for secondary income receipts?
- Africa Western and Central ranks 42nd and Republic of Korea ranks 39th of 47 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income receipts (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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.