Net secondary income (Net current transfers from abroad) in Republic of Korea
Republic of Korea: Net secondary income (Net current transfers from abroad) was -4.87 billion current US$ in 2025. ◆ Volatile
Latest (2025)
-4.87 billion current US$
Change on year
down 32.8%
World rank
182nd
of 202 countries
All-time high
3.10 billion current US$
in 1998
All-time low
-6.58 billion current US$
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 US$.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Republic of Korea is -4.87 billion current US$, measured in 2025.
Compared with earlier readings it is down 32.8% on the previous year and down 29.9% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Republic of Korea peaked at 3.10 billion current US$ in 1998 and was at its lowest, -6.58 billion current US$, in 2018.
Republic of Korea ranks 182nd of 202 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Republic of Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 288.32 million current US$ | — |
| 1961 | 181.10 million current US$ | -37.2% |
| 1962 | 181.54 million current US$ | +0.2% |
| 1963 | 190.77 million current US$ | +5.1% |
| 1964 | 141.69 million current US$ | -25.7% |
| 1965 | 131.01 million current US$ | -7.5% |
| 1966 | 130.47 million current US$ | -0.4% |
| 1967 | 124.21 million current US$ | -4.8% |
| 1968 | 113.86 million current US$ | -8.3% |
| 1969 | 113.48 million current US$ | -0.3% |
| 1970 | 77.28 million current US$ | -31.9% |
| 1971 | 67.98 million current US$ | -12.0% |
| 1972 | 65.41 million current US$ | -3.8% |
| 1973 | 73.06 million current US$ | +11.7% |
| 1974 | 72.44 million current US$ | -0.8% |
| 1975 | 69.01 million current US$ | -4.7% |
| 1976 | 165.50 million current US$ | +139.8% |
| 1977 | 228.51 million current US$ | +38.1% |
| 1978 | 363.84 million current US$ | +59.2% |
| 1979 | 342.36 million current US$ | -5.9% |
| 1980 | 422.43 million current US$ | +23.4% |
| 1981 | 534.63 million current US$ | +26.6% |
| 1982 | 559.44 million current US$ | +4.6% |
| 1983 | 618.37 million current US$ | +10.5% |
| 1984 | 604.61 million current US$ | -2.2% |
| 1985 | 816.42 million current US$ | +35.0% |
| 1986 | 1.28 billion current US$ | +56.4% |
| 1987 | 1.68 billion current US$ | +31.6% |
| 1988 | 2.01 billion current US$ | +19.5% |
| 1989 | 944.07 million current US$ | -53.0% |
| 1990 | 967.55 million current US$ | +2.5% |
| 1991 | 783.66 million current US$ | -19.0% |
| 1992 | 953.05 million current US$ | +21.6% |
| 1993 | 815.03 million current US$ | -14.5% |
| 1994 | 867.76 million current US$ | +6.5% |
| 1995 | 362.39 million current US$ | -58.2% |
| 1996 | -190.69 million current US$ | -152.6% |
| 1997 | 929.05 million current US$ | -587.2% |
| 1998 | 3.10 billion current US$ | +233.5% |
| 1999 | 969.12 million current US$ | -68.7% |
| 2000 | -69.59 million current US$ | -107.2% |
| 2001 | -958.49 million current US$ | +1277.4% |
| 2002 | -1.55 billion current US$ | +61.5% |
| 2003 | -2.64 billion current US$ | +70.8% |
| 2004 | -2.31 billion current US$ | -12.8% |
| 2005 | -2.35 billion current US$ | +2.1% |
| 2006 | -3.47 billion current US$ | +47.2% |
| 2007 | -2.69 billion current US$ | -22.4% |
| 2008 | 147.45 million current US$ | -105.5% |
| 2009 | -828.39 million current US$ | -661.8% |
| 2010 | -4.50 billion current US$ | +442.7% |
| 2011 | -3.66 billion current US$ | -18.7% |
| 2012 | -4.04 billion current US$ | +10.4% |
| 2013 | -2.43 billion current US$ | -39.8% |
| 2014 | -3.21 billion current US$ | +32.1% |
| 2015 | -3.75 billion current US$ | +16.9% |
| 2016 | -4.43 billion current US$ | +18.0% |
| 2017 | -5.69 billion current US$ | +28.6% |
| 2018 | -6.58 billion current US$ | +15.5% |
| 2019 | -5.06 billion current US$ | -23.1% |
| 2020 | -2.67 billion current US$ | -47.1% |
| 2021 | -3.92 billion current US$ | +46.6% |
| 2022 | -2.04 billion current US$ | -48.0% |
| 2023 | -3.91 billion current US$ | +91.7% |
| 2024 | -3.67 billion current US$ | -6.1% |
| 2025 | -4.87 billion current US$ | +32.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 159.64 million current US$ | 113.48 million current US$ | 288.32 million current US$ | 10 |
| 1970s | 152.54 million current US$ | 65.41 million current US$ | 363.84 million current US$ | 10 |
| 1980s | 946.63 million current US$ | 422.43 million current US$ | 2.01 billion current US$ | 10 |
| 1990s | 955.51 million current US$ | -190.69 million current US$ | 3.10 billion current US$ | 10 |
| 2000s | -1.67 billion current US$ | -3.47 billion current US$ | 147.45 million current US$ | 10 |
| 2010s | -4.33 billion current US$ | -6.58 billion current US$ | -2.43 billion current US$ | 10 |
| 2020s | -3.51 billion current US$ | -4.87 billion current US$ | -2.04 billion current US$ | 6 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Gross domestic savings (current US$), annual growth rate 0.7232 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3433 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,437 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.09 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 488.33 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 17.69 million current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 2.94 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.05 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 37,884 current US$ per person (2025)
- GNI (current US$), annual growth rate 0.1093 % change on previous year (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Republic of Korea?
- Net secondary income (net current transfers from abroad) in Republic of Korea was -4.87 billion current US$ 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 3.10 billion current US$ in 1998.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Republic of Korea?
- The lowest recorded value was -6.58 billion current US$ in 2018.
- How does Republic of Korea rank for net secondary income (net current transfers from abroad)?
- Republic of Korea ranks 182nd 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 29.9%. 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 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.