Net secondary income (Net current transfers from abroad) in Republic of Korea
Republic of Korea: Net secondary income (Net current transfers from abroad) was -6.93 trillion current LCU in 2025. ◆ Volatile
Latest (2025)
-6.93 trillion current LCU
Change on year
down 38.6%
World rank
202nd
of 202 countries
All-time high
4.34 trillion current LCU
in 1998
All-time low
-7.24 trillion current LCU
in 2018
Years of data
66
1960–2025
Net secondary income (Net current transfers from abroad) in Republic of Korea, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2025, net secondary income (net current transfers from abroad) in Republic of Korea stood at -6.93 trillion current LCU.
Compared with earlier readings it is down 38.6% on the previous year and down 63.3% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Republic of Korea peaked at 4.34 trillion current LCU in 1998 and was at its lowest, -7.24 trillion current LCU, in 2018.
Republic of Korea ranks 202nd of 202 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 (Net current transfers from abroad) in Republic of Korea, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 18.20 billion current LCU | — |
| 1961 | 22.60 billion current LCU | +24.2% |
| 1962 | 23.60 billion current LCU | +4.4% |
| 1963 | 24.80 billion current LCU | +5.1% |
| 1964 | 30.30 billion current LCU | +22.2% |
| 1965 | 34.90 billion current LCU | +15.2% |
| 1966 | 35.40 billion current LCU | +1.4% |
| 1967 | 33.60 billion current LCU | -5.1% |
| 1968 | 31.50 billion current LCU | -6.2% |
| 1969 | 32.70 billion current LCU | +3.8% |
| 1970 | 24.00 billion current LCU | -26.6% |
| 1971 | 23.60 billion current LCU | -1.7% |
| 1972 | 25.70 billion current LCU | +8.9% |
| 1973 | 29.10 billion current LCU | +13.2% |
| 1974 | 29.30 billion current LCU | +0.7% |
| 1975 | 33.40 billion current LCU | +14.0% |
| 1976 | 80.10 billion current LCU | +139.8% |
| 1977 | 110.60 billion current LCU | +38.1% |
| 1978 | 176.10 billion current LCU | +59.2% |
| 1979 | 165.70 billion current LCU | -5.9% |
| 1980 | 256.60 billion current LCU | +54.9% |
| 1981 | 364.10 billion current LCU | +41.9% |
| 1982 | 409.00 billion current LCU | +12.3% |
| 1983 | 479.70 billion current LCU | +17.3% |
| 1984 | 487.30 billion current LCU | +1.6% |
| 1985 | 710.30 billion current LCU | +45.8% |
| 1986 | 1.13 trillion current LCU | +58.5% |
| 1987 | 1.38 trillion current LCU | +22.8% |
| 1988 | 1.47 trillion current LCU | +6.2% |
| 1989 | 633.90 billion current LCU | -56.8% |
| 1990 | 684.80 billion current LCU | +8.0% |
| 1991 | 574.70 billion current LCU | -16.1% |
| 1992 | 744.00 billion current LCU | +29.5% |
| 1993 | 654.20 billion current LCU | -12.1% |
| 1994 | 697.20 billion current LCU | +6.6% |
| 1995 | 279.50 billion current LCU | -59.9% |
| 1996 | -153.40 billion current LCU | -154.9% |
| 1997 | 883.80 billion current LCU | -676.1% |
| 1998 | 4.34 trillion current LCU | +391.3% |
| 1999 | 1.15 trillion current LCU | -73.5% |
| 2000 | -78.70 billion current LCU | -106.8% |
| 2001 | -1.24 trillion current LCU | +1472.3% |
| 2002 | -1.94 trillion current LCU | +56.5% |
| 2003 | -3.15 trillion current LCU | +62.7% |
| 2004 | -2.64 trillion current LCU | -16.2% |
| 2005 | -2.41 trillion current LCU | -8.7% |
| 2006 | -3.31 trillion current LCU | +37.2% |
| 2007 | -2.50 trillion current LCU | -24.5% |
| 2008 | 162.50 billion current LCU | -106.5% |
| 2009 | -1.06 trillion current LCU | -751.0% |
| 2010 | -5.20 trillion current LCU | +391.5% |
| 2011 | -4.05 trillion current LCU | -22.1% |
| 2012 | -4.55 trillion current LCU | +12.2% |
| 2013 | -2.66 trillion current LCU | -41.5% |
| 2014 | -3.38 trillion current LCU | +27.1% |
| 2015 | -4.24 trillion current LCU | +25.6% |
| 2016 | -5.14 trillion current LCU | +21.1% |
| 2017 | -6.44 trillion current LCU | +25.3% |
| 2018 | -7.24 trillion current LCU | +12.4% |
| 2019 | -5.90 trillion current LCU | -18.5% |
| 2020 | -3.16 trillion current LCU | -46.5% |
| 2021 | -4.49 trillion current LCU | +42.1% |
| 2022 | -2.63 trillion current LCU | -41.3% |
| 2023 | -5.10 trillion current LCU | +93.8% |
| 2024 | -5.00 trillion current LCU | -2.0% |
| 2025 | -6.93 trillion current LCU | +38.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 28.76 billion current LCU | 18.20 billion current LCU | 35.40 billion current LCU | 10 |
| 1970s | 69.76 billion current LCU | 23.60 billion current LCU | 176.10 billion current LCU | 10 |
| 1980s | 731.83 billion current LCU | 256.60 billion current LCU | 1.47 trillion current LCU | 10 |
| 1990s | 985.88 billion current LCU | -153.40 billion current LCU | 4.34 trillion current LCU | 10 |
| 2000s | -1.82 trillion current LCU | -3.31 trillion current LCU | 162.50 billion current LCU | 10 |
| 2010s | -4.88 trillion current LCU | -7.24 trillion current LCU | -2.66 trillion current LCU | 10 |
| 2020s | -4.55 trillion current LCU | -6.93 trillion current LCU | -2.63 trillion current LCU | 6 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- GDP (current US$), annual growth rate -0.161 % change on previous year (2025)
- GDP (current US$), per capita 36,227 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.16 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1,422 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 51.53 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.03 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 37,470 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,237 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Republic of Korea?
- Net secondary income (net current transfers from abroad) in Republic of Korea was -6.93 trillion current LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Republic of Korea?
- The highest recorded value was 4.34 trillion current LCU in 1998.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Republic of Korea?
- The lowest recorded value was -7.24 trillion current LCU in 2018.
- How does Republic of Korea rank for net secondary income (net current transfers from abroad)?
- Republic of Korea ranks 202nd out of 202 countries with data for 2025.
- Is net secondary income (net current transfers from abroad) rising or falling in Republic of Korea?
- Over the last ten years it is down 63.3%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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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 series is expressed in local currency units.