Economic Outlook No 115 — Balance of primary income as a percent of in Korea
Korea: Economic Outlook No 115 — Balance of primary income as a percent of was 0.6906 in 2025. ◆ Volatile
Economic Outlook No 115 — Balance of primary income as a percent of in Korea, 1975–2025
Source: Organisation for Economic Co-operation and Development.
Analysis
Korea recorded 0.6906 for economic outlook no 115 — balance of primary income as a percent of in 2025.
That represents a change of down 4.6% on the previous year and up 132.6% over ten years.
Over the whole period, economic outlook no 115 — balance of primary income as a percent of in Korea peaked at 1.86 in 2023 and was at its lowest, -3.85, in 1981.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 115 — Balance of primary income as a percent of in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1975 | -2.04 | — |
| 1976 | -1.64 | -19.8% |
| 1977 | -1.74 | +6.4% |
| 1978 | -1.77 | +1.9% |
| 1979 | -2.09 | +18.1% |
| 1980 | -3.06 | +46.2% |
| 1981 | -3.85 | +25.6% |
| 1982 | -3.74 | -2.9% |
| 1983 | -2.99 | -20.1% |
| 1984 | -3.08 | +3.0% |
| 1985 | -2.93 | -4.8% |
| 1986 | -2.52 | -13.9% |
| 1987 | -1.76 | -30.4% |
| 1988 | -0.898 | -48.9% |
| 1989 | -0.3543 | -60.5% |
| 1990 | -0.1939 | -45.3% |
| 1991 | -0.1845 | -4.8% |
| 1992 | -0.1503 | -18.6% |
| 1993 | -0.1888 | +25.6% |
| 1994 | -0.2537 | +34.4% |
| 1995 | -0.3741 | +47.4% |
| 1996 | -0.3632 | -2.9% |
| 1997 | -0.5531 | +52.3% |
| 1998 | -1.33 | +140.5% |
| 1999 | -1.11 | -16.5% |
| 2000 | -0.7187 | -35.3% |
| 2001 | -0.6768 | -5.8% |
| 2002 | -0.389 | -42.5% |
| 2003 | -0.4021 | +3.4% |
| 2004 | -0.23 | -42.8% |
| 2005 | -0.8624 | +275.0% |
| 2006 | -0.4759 | -44.8% |
| 2007 | -0.3871 | -18.7% |
| 2008 | -0.2151 | -44.4% |
| 2009 | -0.3638 | +69.1% |
| 2010 | -0.0546 | -85.0% |
| 2011 | 0.4296 | -886.7% |
| 2012 | 0.8412 | +95.8% |
| 2013 | 0.5468 | -35.0% |
| 2014 | 0.3471 | -36.5% |
| 2015 | 0.2969 | -14.5% |
| 2016 | 0.3054 | +2.9% |
| 2017 | 0.328 | +7.4% |
| 2018 | 0.2824 | -13.9% |
| 2019 | 0.7893 | +179.5% |
| 2020 | 0.8113 | +2.8% |
| 2021 | 1.06 | +31.0% |
| 2022 | 1.22 | +15.2% |
| 2023 | 1.86 | +51.5% |
| 2024 | 0.7236 | -61.0% |
| 2025 | 0.6906 | -4.6% |
Biggest year-on-year movements
Years where Economic Outlook No 115 — Balance of primary income as a percent of 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 | +886.7% | -0.0546 | 0.4296 |
| 2005 | -275.0% | -0.23 | -0.8624 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.86 | -2.09 | -1.64 | 5 |
| 1980s | -2.52 | -3.85 | -0.3543 | 10 |
| 1990s | -0.4703 | -1.33 | -0.1503 | 10 |
| 2000s | -0.4721 | -0.8624 | -0.2151 | 10 |
| 2010s | 0.4112 | -0.0546 | 0.8412 | 10 |
| 2020s | 1.06 | 0.6906 | 1.86 | 6 |
Countries ranked near Korea
More economy & growth data for Korea
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- 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 115 — balance of primary income as a percent of in Korea?
- Economic outlook no 115 — balance of primary income as a percent of in Korea was 0.6906 in 2025, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 115 — balance of primary income as a percent of recorded in Korea?
- The highest recorded value was 1.86 in 2023.
- What is the lowest economic outlook no 115 — balance of primary income as a percent of recorded in Korea?
- The lowest recorded value was -3.85 in 1981.
- How does Korea rank for economic outlook no 115 — balance of primary income as a percent of?
- Korea ranks 1st out of 5 groups with data for 2025.
- Is economic outlook no 115 — balance of primary income as a percent of rising or falling in Korea?
- Over the last ten years it is up 132.6%. 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 115 — Balance of primary income as a percent of GDP. Statizoid updates them automatically from the source API.
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About this data
May 2024 - 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. OECD (2024), OECD Economic Outlook No 115 (Edition 2024/1) EO115 Database documentation EO115 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact: eco.outlook@oecd.org Keywords: Outlook, forecasts, forecast, GDP