Secondary income, other sectors, payments in South Korea
South Korea: Secondary income, other sectors, payments was 15.69 billion BoP, current US$ in 2025. ◆ Volatile
Secondary income, other sectors, payments in South Korea, 1976–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
South Korea recorded 15.69 billion BoP, current US$ for secondary income, other sectors, payments in 2025.
That represents a change of up 1.1% on the previous year and up 29.2% over ten years.
Over the whole period, secondary income, other sectors, payments in South Korea peaked at 15.82 billion BoP, current US$ in 2018 and was at its lowest, 29.50 million BoP, current US$, in 1985.
That places South Korea 15th out of 197 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in South Korea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1976 | 115.00 million BoP, current US$ | — |
| 1977 | 165.00 million BoP, current US$ | +43.5% |
| 1978 | 103.00 million BoP, current US$ | -37.6% |
| 1979 | 121.00 million BoP, current US$ | +17.5% |
| 1980 | 95.60 million BoP, current US$ | -21.0% |
| 1981 | 63.80 million BoP, current US$ | -33.3% |
| 1982 | 62.20 million BoP, current US$ | -2.5% |
| 1983 | 41.20 million BoP, current US$ | -33.8% |
| 1984 | 34.40 million BoP, current US$ | -16.5% |
| 1985 | 29.50 million BoP, current US$ | -14.2% |
| 1986 | 45.20 million BoP, current US$ | +53.2% |
| 1987 | 32.80 million BoP, current US$ | -27.4% |
| 1988 | 167.20 million BoP, current US$ | +409.8% |
| 1989 | 834.40 million BoP, current US$ | +399.0% |
| 1990 | 1.07 billion BoP, current US$ | +28.4% |
| 1991 | 1.36 billion BoP, current US$ | +26.9% |
| 1992 | 1.47 billion BoP, current US$ | +8.4% |
| 1993 | 1.30 billion BoP, current US$ | -11.8% |
| 1994 | 1.37 billion BoP, current US$ | +5.0% |
| 1995 | 2.05 billion BoP, current US$ | +49.8% |
| 1996 | 2.94 billion BoP, current US$ | +43.7% |
| 1997 | 3.07 billion BoP, current US$ | +4.5% |
| 1998 | 2.01 billion BoP, current US$ | -34.5% |
| 1999 | 3.11 billion BoP, current US$ | +54.7% |
| 2000 | 4.10 billion BoP, current US$ | +31.9% |
| 2001 | 5.10 billion BoP, current US$ | +24.2% |
| 2002 | 6.66 billion BoP, current US$ | +30.7% |
| 2003 | 8.11 billion BoP, current US$ | +21.7% |
| 2004 | 8.21 billion BoP, current US$ | +1.3% |
| 2005 | 8.31 billion BoP, current US$ | +1.2% |
| 2006 | 9.10 billion BoP, current US$ | +9.5% |
| 2007 | 9.62 billion BoP, current US$ | +5.7% |
| 2008 | 9.09 billion BoP, current US$ | -5.4% |
| 2009 | 8.69 billion BoP, current US$ | -4.4% |
| 2010 | 10.96 billion BoP, current US$ | +26.0% |
| 2011 | 11.65 billion BoP, current US$ | +6.3% |
| 2012 | 11.88 billion BoP, current US$ | +2.0% |
| 2013 | 11.15 billion BoP, current US$ | -6.2% |
| 2014 | 12.48 billion BoP, current US$ | +11.9% |
| 2015 | 12.14 billion BoP, current US$ | -2.7% |
| 2016 | 12.81 billion BoP, current US$ | +5.5% |
| 2017 | 15.20 billion BoP, current US$ | +18.6% |
| 2018 | 15.82 billion BoP, current US$ | +4.1% |
| 2019 | 14.62 billion BoP, current US$ | -7.6% |
| 2020 | 12.68 billion BoP, current US$ | -13.2% |
| 2021 | 13.70 billion BoP, current US$ | +8.0% |
| 2022 | 12.56 billion BoP, current US$ | -8.3% |
| 2023 | 13.50 billion BoP, current US$ | +7.5% |
| 2024 | 15.51 billion BoP, current US$ | +14.9% |
| 2025 | 15.69 billion BoP, current US$ | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 126.00 million BoP, current US$ | 103.00 million BoP, current US$ | 165.00 million BoP, current US$ | 4 |
| 1980s | 140.63 million BoP, current US$ | 29.50 million BoP, current US$ | 834.40 million BoP, current US$ | 10 |
| 1990s | 1.97 billion BoP, current US$ | 1.07 billion BoP, current US$ | 3.11 billion BoP, current US$ | 10 |
| 2000s | 7.70 billion BoP, current US$ | 4.10 billion BoP, current US$ | 9.62 billion BoP, current US$ | 10 |
| 2010s | 12.87 billion BoP, current US$ | 10.96 billion BoP, current US$ | 15.82 billion BoP, current US$ | 10 |
| 2020s | 13.94 billion BoP, current US$ | 12.56 billion BoP, current US$ | 15.69 billion BoP, current US$ | 6 |
Countries ranked near South Korea
More economy & growth data for South 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 secondary income, other sectors, payments in South Korea?
- Secondary income, other sectors, payments in South Korea was 15.69 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in South Korea?
- The highest recorded value was 15.82 billion BoP, current US$ in 2018.
- What is the lowest secondary income, other sectors, payments recorded in South Korea?
- The lowest recorded value was 29.50 million BoP, current US$ in 1985.
- How does South Korea rank for secondary income, other sectors, payments?
- South Korea ranks 15th out of 197 countries with data for 2025.
- Is secondary income, other sectors, payments rising or falling in South Korea?
- Over the last ten years it is up 29.2%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.