Net secondary income in South Korea
South Korea: Net secondary income was -8.42 billion BoP, current US$ in 2025. ◆ Volatile
Net secondary income in South Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
South Korea recorded -8.42 billion BoP, current US$ for net secondary income in 2025. That is the lowest value across all 50 years on record.
That represents a change of down 1.6% on the previous year and down 68.9% over ten years.
Over the whole period, net secondary income in South Korea peaked at 2.82 billion BoP, current US$ in 1998 and was at its lowest, -8.42 billion BoP, current US$, in 2025.
South Korea ranks 182nd of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 369.75 million BoP, current US$ | 223.00 million BoP, current US$ | 471.00 million BoP, current US$ | 4 |
| 1980s | 935.26 million BoP, current US$ | 419.50 million BoP, current US$ | 1.97 billion BoP, current US$ | 10 |
| 1990s | 817.80 million BoP, current US$ | -268.00 million BoP, current US$ | 2.82 billion BoP, current US$ | 10 |
| 2000s | -2.53 billion BoP, current US$ | -4.39 billion BoP, current US$ | -214.30 million BoP, current US$ | 10 |
| 2010s | -5.67 billion BoP, current US$ | -8.15 billion BoP, current US$ | -4.19 billion BoP, current US$ | 10 |
| 2020s | -6.33 billion BoP, current US$ | -8.42 billion BoP, current US$ | -4.13 billion BoP, current US$ | 6 |
Countries ranked near South Korea
- 179 Denmark -5.27 billion BoP, current US$ compare
- 180 Norway -6.54 billion BoP, current US$ compare
- 181 Russia -7.53 billion BoP, current US$ compare
- 183 Oman -9.29 billion BoP, current US$ compare
- 184 Belgium -9.36 billion BoP, current US$ compare
- 185 Switzerland -9.58 billion BoP, current US$ compare
More economy & growth data for South Korea
- External balance on goods and services as a percent of GDP 5.2% (2025)
- Inflation of consumer prices 2.1% (2025)
- GDP per capita 37,470 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 27.4% (2025)
- Gross domestic product (GDP) 1.94 trillion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 37,470 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,422 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -6.93 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -4.87 billion current US$ (2025)
- Taxes less subsidies on products 185.85 trillion current LCU (2025)
Frequently asked questions
- What is net secondary income in South Korea?
- Net secondary income in South Korea was -8.42 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in South Korea?
- The highest recorded value was 2.82 billion BoP, current US$ in 1998.
- What is the lowest net secondary income recorded in South Korea?
- The lowest recorded value was -8.42 billion BoP, current US$ in 2025.
- How does South Korea rank for net secondary income?
- South Korea ranks 182nd out of 198 countries with data for 2025.
- Is net secondary income rising or falling in South Korea?
- Over the last ten years it is down 68.9%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.