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$, in 2025.
South Korea ranks 184th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income in South Korea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 346.00 million BoP, current US$ | — |
| 1977 | 223.00 million BoP, current US$ | -35.5% |
| 1978 | 471.00 million BoP, current US$ | +111.2% |
| 1979 | 439.00 million BoP, current US$ | -6.8% |
| 1980 | 419.50 million BoP, current US$ | -4.4% |
| 1981 | 532.40 million BoP, current US$ | +26.9% |
| 1982 | 557.00 million BoP, current US$ | +4.6% |
| 1983 | 615.00 million BoP, current US$ | +10.4% |
| 1984 | 600.00 million BoP, current US$ | -2.4% |
| 1985 | 806.30 million BoP, current US$ | +34.4% |
| 1986 | 1.27 billion BoP, current US$ | +57.0% |
| 1987 | 1.67 billion BoP, current US$ | +31.9% |
| 1988 | 1.97 billion BoP, current US$ | +18.0% |
| 1989 | 918.40 million BoP, current US$ | -53.4% |
| 1990 | 932.30 million BoP, current US$ | +1.5% |
| 1991 | 740.00 million BoP, current US$ | -20.6% |
| 1992 | 904.80 million BoP, current US$ | +22.3% |
| 1993 | 766.70 million BoP, current US$ | -15.3% |
| 1994 | 814.40 million BoP, current US$ | +6.2% |
| 1995 | 291.10 million BoP, current US$ | -64.3% |
| 1996 | -268.00 million BoP, current US$ | -192.1% |
| 1997 | 345.10 million BoP, current US$ | -228.8% |
| 1998 | 2.82 billion BoP, current US$ | +716.8% |
| 1999 | 832.90 million BoP, current US$ | -70.5% |
| 2000 | -214.30 million BoP, current US$ | -125.7% |
| 2001 | -1.26 billion BoP, current US$ | +488.5% |
| 2002 | -2.11 billion BoP, current US$ | +67.6% |
| 2003 | -3.16 billion BoP, current US$ | +49.7% |
| 2004 | -3.04 billion BoP, current US$ | -4.0% |
| 2005 | -3.26 billion BoP, current US$ | +7.2% |
| 2006 | -4.38 billion BoP, current US$ | +34.5% |
| 2007 | -4.39 billion BoP, current US$ | +0.1% |
| 2008 | -1.27 billion BoP, current US$ | -71.1% |
| 2009 | -2.19 billion BoP, current US$ | +73.2% |
| 2010 | -5.32 billion BoP, current US$ | +142.3% |
| 2011 | -4.72 billion BoP, current US$ | -11.3% |
| 2012 | -5.47 billion BoP, current US$ | +16.1% |
| 2013 | -4.19 billion BoP, current US$ | -23.5% |
| 2014 | -4.98 billion BoP, current US$ | +19.0% |
| 2015 | -4.99 billion BoP, current US$ | +0.0% |
| 2016 | -5.77 billion BoP, current US$ | +15.7% |
| 2017 | -6.96 billion BoP, current US$ | +20.8% |
| 2018 | -8.15 billion BoP, current US$ | +17.1% |
| 2019 | -6.15 billion BoP, current US$ | -24.6% |
| 2020 | -4.49 billion BoP, current US$ | -27.0% |
| 2021 | -6.09 billion BoP, current US$ | +35.8% |
| 2022 | -4.13 billion BoP, current US$ | -32.2% |
| 2023 | -6.57 billion BoP, current US$ | +59.0% |
| 2024 | -8.29 billion BoP, current US$ | +26.2% |
| 2025 | -8.42 billion BoP, current US$ | +1.6% |
South Korea compared with similar countries
- South Korea's -8.42 billion BoP, current US$ is below the median for high income countries, which is -442.19 million BoP, current US$, 19.0× the median. (72 countries reporting)
- South Korea's -8.42 billion BoP, current US$ is below the median for East Asia & Pacific, which is 124.43 million BoP, current US$. (33 countries reporting)
Biggest year-on-year movements
Years where Net secondary income in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +716.8% | 345.10 million BoP, current US$ | 2.82 billion BoP, current US$ |
| 2001 | -488.5% | -214.30 million BoP, current US$ | -1.26 billion BoP, current US$ |
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
- 181 Denmark -5.27 billion BoP, current US$ compare
- 182 Norway -6.54 billion BoP, current US$ compare
- 183 Russia -7.53 billion BoP, current US$ compare
- 185 Oman -9.29 billion BoP, current US$ compare
- 186 Belgium -9.36 billion BoP, current US$ compare
- 187 Switzerland -9.58 billion BoP, current US$ compare
More economy & growth data for South Korea
- Foreign direct investment, net outflows (BoP, current US$), gaps 41.23 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 797.74 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.80 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 22.87 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0084 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 305.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.39 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.2332 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 8,447 includes gold, current US$ per person (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 184th out of 200 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.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.