Economic Outlook No 114 — Balance of primary income in Korea
Korea: Economic Outlook No 114 — Balance of primary income was 20.09 trillion in 2025. ◆ Volatile
Economic Outlook No 114 — Balance of primary income in Korea, 1975–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2025, economic outlook no 114 — balance of primary income in Korea stood at 20.09 trillion.
Compared with earlier readings it is up 306.6% over ten years.
Over the whole period, economic outlook no 114 — balance of primary income in Korea peaked at 40.46 trillion in 2023 and was at its lowest, -8.26 trillion, in 2005.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 114 — Balance of primary income in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -215.18 billion | — |
| 1976 | -236.77 billion | +10.0% |
| 1977 | -323.82 billion | +36.8% |
| 1978 | -446.11 billion | +37.8% |
| 1979 | -678.86 billion | +52.2% |
| 1980 | -1.22 trillion | +79.2% |
| 1981 | -1.91 trillion | +57.0% |
| 1982 | -2.14 trillion | +12.0% |
| 1983 | -2.03 trillion | -5.0% |
| 1984 | -2.42 trillion | +18.9% |
| 1985 | -2.58 trillion | +6.8% |
| 1986 | -2.60 trillion | +0.6% |
| 1987 | -2.14 trillion | -17.8% |
| 1988 | -1.31 trillion | -38.7% |
| 1989 | -587.15 billion | -55.2% |
| 1990 | -388.61 billion | -33.8% |
| 1991 | -447.96 billion | +15.3% |
| 1992 | -417.17 billion | -6.9% |
| 1993 | -595.16 billion | +42.7% |
| 1994 | -944.86 billion | +58.8% |
| 1995 | -1.63 trillion | +73.0% |
| 1996 | -1.78 trillion | +9.1% |
| 1997 | -3.00 trillion | +68.2% |
| 1998 | -7.14 trillion | +138.2% |
| 1999 | -6.57 trillion | -8.0% |
| 2000 | -4.68 trillion | -28.7% |
| 2001 | -4.78 trillion | +2.1% |
| 2002 | -3.05 trillion | -36.2% |
| 2003 | -3.37 trillion | +10.3% |
| 2004 | -2.09 trillion | -37.9% |
| 2005 | -8.26 trillion | +294.7% |
| 2006 | -4.79 trillion | -42.0% |
| 2007 | -4.22 trillion | -11.8% |
| 2008 | -2.40 trillion | -43.0% |
| 2009 | -4.42 trillion | +83.7% |
| 2010 | -726.93 billion | -83.5% |
| 2011 | 5.97 trillion | -921.3% |
| 2012 | 12.11 trillion | +102.8% |
| 2013 | 8.21 trillion | -32.2% |
| 2014 | 5.42 trillion | -33.9% |
| 2015 | 4.94 trillion | -8.8% |
| 2016 | 5.30 trillion | +7.2% |
| 2017 | 6.02 trillion | +13.6% |
| 2018 | 5.37 trillion | -10.8% |
| 2019 | 15.19 trillion | +183.0% |
| 2020 | 15.78 trillion | +3.9% |
| 2021 | 22.08 trillion | +40.0% |
| 2022 | 29.78 trillion | +34.9% |
| 2023 | 40.46 trillion | +35.9% |
| 2024 | 20.09 trillion | -50.3% |
| 2025 | 20.09 trillion | +0.0% |
Biggest year-on-year movements
Years where Economic Outlook No 114 — Balance of primary income in Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +921.3% | -726.93 billion | 5.97 trillion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -380.15 billion | -678.86 billion | -215.18 billion | 5 |
| 1980s | -1.89 trillion | -2.60 trillion | -587.15 billion | 10 |
| 1990s | -2.29 trillion | -7.14 trillion | -388.61 billion | 10 |
| 2000s | -4.21 trillion | -8.26 trillion | -2.09 trillion | 10 |
| 2010s | 6.78 trillion | -726.93 billion | 15.19 trillion | 10 |
| 2020s | 24.71 trillion | 15.78 trillion | 40.46 trillion | 6 |
Countries ranked near Korea
More economy & growth data for Korea
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.03 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.2 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.21 Percentage of GDP (2029)
- Index of digital trade integration and openness 0.2301 Index (2024)
- Index of digital trade integration and openness (INDIGO) — A. 0.0475 Index (2024)
- Index of digital trade integration and openness (INDIGO) — B. Openess 0.0121 Index (2024)
- Index of digital trade integration and openness (INDIGO) — C. Trust 0.064 Index (2024)
- Index of digital trade integration and openness (INDIGO) — D. 0.0485 Index (2024)
- Index of digital trade integration and openness (INDIGO) — E. Wider 0.058 Index (2024)
- Corporate income tax (CIT) - statutory and targeted small business 27.5 Percentage of taxable income (2026)
Frequently asked questions
- What is economic outlook no 114 — balance of primary income in Korea?
- Economic outlook no 114 — balance of primary income in Korea was 20.09 trillion in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 114 — balance of primary income recorded in Korea?
- The highest recorded value was 40.46 trillion in 2023.
- What is the lowest economic outlook no 114 — balance of primary income recorded in Korea?
- The lowest recorded value was -8.26 trillion in 2005.
- How does Korea rank for economic outlook no 114 — balance of primary income?
- Korea ranks 1st out of 4 groups with data for 2025.
- Is economic outlook no 114 — balance of primary income rising or falling in Korea?
- Over the last ten years it is up 306.6%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Economic Outlook No 114 — Balance of primary income (balance of payments basis). Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. EO114 Database inventory EO114 Last historical points OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org