Republic of Korea vs Upper middle income: Service imports
Service imports over time
- Republic of Korea
- Upper middle income
How they compare
Upper middle income currently reports 1.45 trillion BoP, current US$ against 184.66 billion BoP, current US$ in Republic of Korea, a difference of 1.27 trillion BoP, current US$.
That makes Upper middle income's figure about 7.9 times Republic of Korea's.
Across all 44 years both countries report, Upper middle income has been ahead every year.
Republic of Korea ranks 12th and Upper middle income ranks 12th of 199 countries.
Upper middle income has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Republic of Korea | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 4.90 billion BoP, current US$ | 51.57 billion BoP, current US$ | 46.66 billion BoP, current US$ | Upper middle income |
| 1990s | 20.65 billion BoP, current US$ | 133.98 billion BoP, current US$ | 113.34 billion BoP, current US$ | Upper middle income |
| 2000s | 58.75 billion BoP, current US$ | 323.88 billion BoP, current US$ | 265.14 billion BoP, current US$ | Upper middle income |
| 2010s | 114.70 billion BoP, current US$ | 884.66 billion BoP, current US$ | 769.96 billion BoP, current US$ | Upper middle income |
| 2020s | 148.64 billion BoP, current US$ | 1.14 trillion BoP, current US$ | 989.78 billion BoP, current US$ | Upper middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher service imports, Republic of Korea or Upper middle income?
- Upper middle income, at 1.45 trillion BoP, current US$ against 184.66 billion BoP, current US$ in Republic of Korea as of 2025.
- What is the difference in service imports between Republic of Korea and Upper middle income?
- 1.27 trillion BoP, current US$, with Upper middle income ahead.
- How many years of comparable data are there for Republic of Korea and Upper middle income?
- 44 years are reported by both, from 1982 to 2025.
- How do Republic of Korea and Upper middle income rank globally for service imports?
- Republic of Korea ranks 12th and Upper middle income ranks 12th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Service imports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of services are services provided by non-residents to residents. 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.