Republic of Korea vs Low income: Secondary income receipts
Secondary income receipts over time
- Republic of Korea
- Low income
How they compare
Low income currently reports 29.73 billion BoP, current US$ against 10.43 billion BoP, current US$ in Republic of Korea, a difference of 19.30 billion BoP, current US$.
That makes Low income's figure about 2.9 times Republic of Korea's.
Across all 18 years both countries report, Low income has been ahead every year.
Republic of Korea ranks 39th and Low income ranks 41st of 198 countries.
Low income has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Republic of Korea | Low income | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 7.22 billion BoP, current US$ | 15.85 billion BoP, current US$ | 8.63 billion BoP, current US$ | Low income |
| 2010s | 8.89 billion BoP, current US$ | 26.31 billion BoP, current US$ | 17.43 billion BoP, current US$ | Low income |
| 2020s | 10.35 billion BoP, current US$ | 26.95 billion BoP, current US$ | 16.61 billion BoP, current US$ | Low income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher secondary income receipts, Republic of Korea or Low income?
- Low income, at 29.73 billion BoP, current US$ against 10.43 billion BoP, current US$ in Republic of Korea as of 2022.
- What is the difference in secondary income receipts between Republic of Korea and Low income?
- 19.30 billion BoP, current US$, with Low income ahead.
- How many years of comparable data are there for Republic of Korea and Low income?
- 18 years are reported by both, from 2005 to 2022.
- How do Republic of Korea and Low income rank globally for secondary income receipts?
- Republic of Korea ranks 39th and Low income ranks 41st of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income receipts (BoP, current US$). 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.